Business
Euronet Signs Strategic Partnership Agreement to Acquire Merchant Acquiring Business of CrediaBank in Greece
Euronet to also provide financial services to the bank, and the companies plan to launch an account-to-account consumer digital wallet. LEAWOOD, Kan., Jan.
About this update from Euronet Worldwide, Inc.
[{"type":"text","content":"Euronet to also provide financial services to the bank, and the companies plan to launch an account-to-account consumer digital wallet.\nLEAWOOD, Kan., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Euronet (NASDAQ: EEFT), a global leader in payments processing and cross-border transactions, and CrediaBank S.A. (“CrediaBank”), the fifth largest operating bank in Greece, have entered into a definitive agreement for Euronet to acquire CrediaBank’s merchant acquiring business. In addition, Euronet will provide financial services to the bank, and the companies plan to launch an account-to-account consumer digital wallet. The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals and customary closing conditions. Agreement Expands Merchant Acquiring in Greece The agreement will merge CrediaBank’s merchant portfolio with Euronet’s existing merchant acquiring business in Greece, further strengthening Euronet’s leading position in merchant acquiring services in the country. The combined operations are expected to process more than $22B annually and serve more than 240,000 merchants. By combining Euronet’s industry-leading payments technology and international experience with CrediaBank’s country-wide branch network, the partnership will enhance service quality, expand product offerings, ensure uninterrupted nationwide customer service and deliver additional digital services to the bank’s customers. The agreement also provides Euronet with a long-term strategic partnership with the bank for exclusive sales distribution through the bank’s branch network and the development of new, incremental value-added services. The transaction accelerates Euronet’s strategic goal of a diversified, future-ready revenue mix, providing multiple customer touchpoints that span the digital and physical world of payments. Designed for the next generation of digital financial services across the globe, the strategy is anchored by Ren, Euronet’s modern and scalable payments platform, and was recently enhanced through the acquisition of the CoreCard revolving credit platform. Agreement Includes Plans to Launch Account-to-Account Payment Wallet As part of the agreement, Euronet and CrediaBank are partnering to deliver a modern digital wallet built on Euronet's wallet platform and payment infrastructure. The wallet will integrate IRIS, t...