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Euronet and CoreCard has announced a merger agreement to expand the Euronet’s U.S. footprint. Photo credit: Shutterstock (TippaPatt).
Posted July 31, 2025
Leawood-based Euronet announced it has entered into a merger agreement with CoreCard in an acquisition valued at approximately $248 million.
The stock-for-stock merger transaction has been approved by the boards of directors of both companies and is expected to close in late 2025, according to a release. The transaction values CoreCard at approximately $248 million, or $30 per share of CoreCard common stock.
CoreCard, based in Norcross, Georgia, is a fintech company that provides a platform that allows its customers to implement and manage all aspects of their issuing card programs. CoreCard’s platform has helped the company land a partnership with Goldman Sachs.
“By integrating CoreCard’s platform with our own Ren architecture and global distribution network, we will be positioned to become a leading modern card issuer and innovation partner for the next generation of digital finance,” Euronet CEO Michael Brown said in the release. “This acquisition is a natural extension of our strategy to invest in scalable, high-margin businesses that align with long-term market trends. We also value and respect the work of CoreCard’s employees, who we are eager to welcome to Euronet, and we look forward to their contributions to our company in the future.”
Stinson LLP is acting as outside counsel to Euronet. Kilpatrick Townsend & Stockton LLP is acting as outside counsel to CoreCard. Keefe, Bruyette & Woods, a Stifel Company, provided certain financial advice to the board of directors of CoreCard.
The transaction is a strategic move to accelerate Euronet’s goal of a diversified revenue mix for modern platforms designed for the next generation of digital financial services. Euronet specializes in payment processing and cross-border transactions, including money transfers, credit/debit processing, ATMs, point-of-sale services, branded payments and currency exchange. The company serves over 200 countries and territories.
