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Euronet History and Timeline

2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | All
 
1997
       
December    

Euronet signs contracts with local American Express and Diners Club franchises in Croatia and begins installing ATMs.

Raiffeisenbank Austria becomes Euronet's first bank customer in Croatia, and purchases Euronet's Blue Diamond card issuance program. RBA begins issuing its first proprietary cards in May 1998.

Euronet opens a sales office in Romania.


October  

500th ATM owned or managed by Euronet becomes operational.


September  

Recognizing Euronet's growing expertise in ATM management, Budapest Bank in Hungary outsources operation of 45 ATMs to Euronet.


May  

Euronet enters German ATM market in conjunction with Service Bank, and begins installing ATMs in off-branch locations under the Service Bank name.


March  

Euronet completes an initial public offering and lists its shares on Nasdaq, (symbol: EEFT) raising $48 million in net proceeds for the company. Euronet uses the new capital to expand its ATM network and infrastructure and pursue strategic acquisitions.

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