|
| 1994 |
|
• Founded in Budapest, Hungary as Bank Access 24 with aim of establishing first
independent ATM network in Central and Eastern Europe |
|
| 1995 |
|
• Installs first ATM in Hungary
• Approved by Visa® and American Express® to process ATM transactions |
|
| 1996 |
|
• Launches ATM networks in Poland and Germany
• Approved by Europe (MasterCard®) to process ATM transactions
|
|
| 1997 |
|
• Completes initial public offering of approximately 6.0 million shares of common
stock at $13.50 per share on NASDAQ (EEFT)
• Signs first ATM outsourcing agreement with Budapest Bank in Hungary
• Launches offices in Romania and Croatia to implement signed outsourcing agreements |
|
| 1998 |
|
• Continues European expansion by signing outsourcing agreements in the
United Kingdom, Czech Republic and France
• Installs ATMs in the United Kingdom
• Acquires Arkansas Systems, Inc. ® (ARKSYS), leading developer of integrated
transaction software based in Little Rock, Arkansas, USA
|
|
| 1999 |
|
• Launches mobile recharge on ATMs and mobile banking products for bank
customers |
|
| 2000 |
|
• Enters Asian market by launching operations in Indonesia to service a shared
ATM network owned by three local banks
• Sets-up ATM outsourcing operations in Greece
• Changes name to Euronet Worldwide, Inc. to reflect global presence
|
|
| 2001 |
|
• Forms CashNet, joint venture to develop and operate an electronic funds
transfer network for banks and card issuers in Egypt |
|
| 2002 |
|
• Launches prepaid recharge services program PaySpot in the United States
• Enters India with ATM outsourcing agreement |
|
| 2003 |
|
• Sells ATM network in the United Kingdom and simultaneously signs five-year
ATM outsourcing agreement with the buyer
• Launches processing services for prepaid products, primarily prepaid mobile
airtime by acquiring e-pay Ltd. in the United Kingdom, Australia and Malaysia
• Launches Cashnet, India’s first and now largest nationwide shared ATM
network
• e-pay expands prepaid business into New Zealand, Poland and Ireland
• Acquires Transact GmbH, prepaid and payments processor in Germany
• Expands PaySpot, U.S. prepaid brand, by acquiring five prepaid companies
from
2003 to 2005 |
|
| 2004 |
|
• Enters Spanish prepaid market with acquisition of Movilcarga;
Subsequently in
2005, acquires TeleRecarga S.A. in Spain to further strengthen its
prepaid market position
• Acquires 10% ownership stake in ATX Software Ltd., provider of electronic
prepaid voucher solutions in Europe, Africa and other regions
Subsequently in
2005, increases total ownership stake to 51% to gain controlling share in ATX |
|
| 2005 |
|
• Launches money transfer and bill payment services with acquisition of Telecomm USA
• Ranks #34 on FORTUNE’s List of 100 Fastest-Growing Companies
• Acquires Instreamline S.A., Greek company that provides credit/debit card and POS outsourcing services in Greece and the Balkan region |
|
| 2006 |
|
• Launches ATM outsourcing operations in China
• Ranks #36 on FORTUNE’s List of 100 Fastest-Growing Companies |
|
| 2007 |
|
• Acquires prepaid mobile airtime processor Brodos SRL in Romania
• Ranks #7 on Forbes List of 25 Fastest-Growing Technology Companies
• Acquires Omega Logic Ltd. and consolidates position as largest electronic
payments processor of prepaid mobile airtime top-up services in the United
Kingdom
• Signs first Single Euro Payments Area (SEPA) compliant cross-border
merchant acquiring agreement with OMV Refining & Marketing GmbH, leading
oil and gas group in Central Europe
• Completes acquisition of RIA Envia, Inc., third-largest global money transfer
company with sending network in North America, the Caribbean, Europe and
Asia-Pacific
• Launches prepaid services in Italy, Europe’s largest prepaid market, and India
• Ranks #28 on Forbes List of 200 Best Small Companies List
• Processes more than one billion annual payment transactions |
|
