Our Business Is Helping You Grow Your Business
First Data has the innovation, technology and scale that distinguishes us as a leader in the marketplace, but we never forget that we’re here to help our clients thrive.
We recently announced a new $3.5 billion investment in First Data common equity, through a transaction known as a private placement, which is an offering of shares of a company to select investors who have taken a significant stake in the future of our business. This infusion will be used to strengthen our balance sheet by paying down debt and freeing up $375 million per year of capital to improve the business for the benefit of our clients.
A Year Of Achievements
We’ve spent the last year transforming our business from a processing business into a solutions and innovation company. This new investment will accelerate the transformation.
In the last year we have announced a series of strategic partnerships, created investments and partnerships with innovative start-ups, entered the Brazilian market, and continued to invest in expanding the capabilities of the STAR Network, our leading debit network.
New solutions include:
- Clover Station, our new cloud-based business control and payment platform that puts a powerful business application marketplace at your fingertips
- Perka, the mobile marketing and consumer loyalty platform that helps small- to medium-sized merchants engage with customers with location-based smartphone applications
- Insightics, which creates business intelligence analytics to drive additional revenue for your business
All of these achievements were built on top of our trophy asset, the proprietary critical infrastructure that links businesses like yours and issuers, at scale, around the world. Our trusted, secure and reliable networks are used every second of every day by Main Street businesses and the world’s largest corporations.
This is an exciting time for us, and you can be confident that we have the tools, products, talent – and now a major new investment – to help you grow your business.