Worldpay (formerly Vantiv) is a provider of payment strategies and technology solutions for financial institutions and businesses. The Company's merchant base includes customers in vertical markets such as retail, restaurant, government, e-commerce, supermarket, drug store, business to business and consumer services. Its financial institution base includes diverse set of financial institutions, including regional banks, community banks, credit unions and regional personal identification number (PIN) debit networks.
Type
Public
HQ
Cincinnati, US
Founded
1971
Size (employees)
5,000 (est)+37%
Worldpay was founded in 1971 and is headquartered in Cincinnati, US
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Key People/Management at Worldpay

Charles Drucker

Charles Drucker

Executive Chairman, Co-Chief Executive Officer
Philip Jansen

Philip Jansen

Co-Chief Executive Officer
Stephanie Ferris

Stephanie Ferris

CFO
Mark Heimbouch

Mark Heimbouch

COO
Kevin McCarten

Kevin McCarten

Chief Strategy and Marketing Officer
Mark Kimber

Mark Kimber

Chief Product Officer
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Worldpay Office Locations

Worldpay has offices in Indore, Pudong Xinqu, Tokyo, Singapore and in 8 other locations
Cincinnati, US (HQ)
8500 Governors Hill Dr
London, GB (HQ)
The Walbrook building 25 Walbrook
San Francisco, US
450 Sansome St
Montréal, CA
9800 Cavendish Blvd, Suite 510
Pudong Xinqu, CN
Suite 3601-3605, 36F, Shanghai International Finance Centre, Tower 2, No. 8 Century Avenue
Indore, IN
9th Floor, Crystal IT Park-1, Khandwa Road
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Worldpay Financials and Metrics

Worldpay Revenue

Embed Graph
Worldpay's revenue was reported to be $4.03 b in FY, 2017 which is a 12.5% increase from the previous period.
USD

Revenue (Q1, 2018)

850.7 m

Net income (Q1, 2018)

(98.3 m)

EBITDA (Q1, 2018)

234.9 m

EBIT (Q1, 2018)

(27.7 m)

Market capitalization (22-Dec-2017)

12 b

Cash (31-Mar-2018)

459.4 m

EV

19.9 b
Worldpay's current market capitalization is $12 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

3.2 b3.6 b4 b

Revenue growth, %

23%13%13%

Cost of goods sold

1.5 b1.7 b1.9 b

Gross profit

1.7 b1.9 b2.1 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

705.6 m786 m816 m818.6 m891.2 m914 m928.2 m998.8 m1 b850.7 m

Cost of goods sold

331.1 m362.3 m385.5 m387.4 m410.7 m423.4 m458.1 m468.7 m479.5 m

Gross profit

374.5 m423.6 m430.5 m431.2 m480.5 m490.7 m470.1 m530 m554.2 m

Gross profit Margin, %

53%54%53%53%54%54%51%53%54%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

197.1 m139.1 m126.5 m

Accounts Receivable

680 m940.1 m985.9 m

Prepaid Expenses

31.1 m39.2 m33.5 m

Current Assets

1.1 b1.3 b1.4 b
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

209.2 m280.9 m182.7 m

Depreciation and Amortization

276.9 m270.1 m318.5 m

Accounts Payable

57.9 m92.7 m125.1 m

Cash From Operating Activities

272.6 m645.1 m784.8 m
Quarterly
USDY, 2018

EV/EBITDA

84.7 x

EV/EBIT

-718 x

EV/CFO

236.5 x

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.6 x
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Worldpay Operating Metrics

Worldpay's Enterprise Customers was reported to be 801.4 k in FY, 2015.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Jun, 2018

ATMs

7.60 k

Enterprise Customers

501.40 k801.40 k

Payment Methods Supported

300 300

Transactions

20.08 b5.36 b5.77 b5.78 b22.99 b5.82 b6.18 b6.27 b24.97 b6.28 b6.59 b6.55 b26.29 b40 k
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Worldpay Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
WorldPay Limited July 05, 2017$10 b
Paymetric Holdings, Inc. April 25, 2017
Moneris Solutions Corporation November 10, 2016$425 m
SecureNet Payment Systems November 11, 2014
MPS Holding Corp. May 12, 2014$1.70 b
Century Payments September 25, 2013
Element Payment Services July 25, 2013
Litle & Co. October 31, 2012
TNB Card Services July 07, 2011
Envoy Services Pty Ltd. May 04, 2011
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Worldpay Revenue Breakdown

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Worldpay revenue breakdown by business segment: 11.4% from Financial Institution Services and 88.6% from Merchant Services

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Worldpay Online and Social Media Presence

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Worldpay News and Updates

Solicitation of Bond Consents Issued by Worldpay Finance Plc

CINCINNATI, June 29, 2018 /PRNewswire/ -- Worldpay, Inc. (NYSE: WP; LSE: WPY) announces that a consent solicitation relating to the 3.75% Senior Notes due 2022 (the "Notes") (Reg S ISIN: XS1319701451, Rule 144A ISIN: XS1319700990) issued by Worldpay Finance plc (the "Company") and...

Worldpay Announces Loan Repricing and Interest Rate Hedging Agreements

CINCINNATI, June 22, 2018 /PRNewswire/ -- Worldpay, Inc. (NYSE: WP, LSE: WPY), a leading payments technology company, successfully closed an amendment to its credit facility on June 22, 2018. Under the terms of the agreement, Worldpay expects to reduce the pricing of its $6.5 billion in...

Worldpay founder welcomes Fox's fintech investment drive

The founder of Worldpay has welcomed the government's drive to increase investment in the UK's fintech sector. International trade secretary Liam Fox launched the initiative towards the end of London Tech Week, saying it will put technology "at the heart" of the UK's future growth. Nick Ogden,…

Cashing in on the APAC streaming phenom (VB Live)

VB LIVE: 31 million people are streaming content in the U.S. — esports in particular — and more than double that in China. How do you monetize that at scale? Don’t miss this VB Live event, featuring VB’s own Dean Takahashi and others, for keen insights on how U.S. companies can effectively operate o…
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Worldpay Company Life and Culture

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