FIS has reached a significant agreement to sell Worldpay to Global Payments, marking a major success for Stephanie Ferris, often referred to as the most powerful woman in fintech. This deal underscores the growing consolidation within the financial technology sector and highlights the strategic importance of payment processing capabilities. The transaction is expected to enhance Global Payments’ position in the market while providing substantial returns for FIS. The exact financial details of the deal have not been disclosed, but it is anticipated to be worth billions, reflecting the increasing value of fintech companies in today’s economy.
— new from Fortune
