Euronet Worldwide Acquires CoreCard for $248 Million

Euronet Worldwide, Inc. (EEFT) entered a merger agreement on July 30, 2025, to acquire CoreCard Corporation (CCRD) in a deal valued at $248 million.

Deal Structure:

Euronet will acquire CoreCard in a stock-for-stock merger that values CoreCard at $30 per share of CoreCard common stock, representing a 14.03% premium from the stock’s last close.

Each CoreCard share will be exchanged for Euronet shares based on Euronet’s average stock price over the 15 trading days before the deal closes.

CoreCard shareholders will receive 0.3142 Euronet shares per CoreCard share if Euronet’s stock price is $95.48 or lower, and 0.2783 shares if the price is $107.80 or higher.

If Euronet’s stock price falls between $95.48 and $107.80, the exchange ratio will be calculated by dividing $30 by the average stock price.

Company Profile:

CoreCard is a global financial technology company that provides modern card issuing and payment processing solutions, enabling financial institutions and businesses to manage credit, debit, prepaid, and BNPL programs through its scalable, real-time platform.

Euronet is a global provider of payment and transaction processing solutions, offering services such as money transfers, ATM and POS management, card issuing, and prepaid product distribution across more than 200 countries and territories.

Deal Details and Timeline:

The deal is expected to close in late 2025.

Keefe, Bruyette & Woods, a Stifel Company, provided financial advisory services to CoreCard, with Kilpatrick Townsend & Stockton serving as its legal advisor. Stinson acted as Euronet’s legal counsel.

Euronet Worldwide is paying 14.85 times EBITDA for CoreCard.

Deal Metrics:

To find out more about this M&A transaction, please visit the Deal Metrics page here:
Deal Metrics for the acquisition of CoreCard Corporation (CCRD) by Euronet Worldwide, Inc. (EEFT)

The Deal Metrics page for each merger or acquisition includes:

• A spread history chart of the merger from announcement through eventual completion or failure.
• Every event as the merger progresses through the expiration of the HSR period, various regulatory approvals, shareholder votes, etc.
• News and SEC filings.
• A history of deal updates.
• And a whole lot more.

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Editor’s Note: Baranjot Kaur contributed to this article