Rêv Worldwide: Partners with searchlight capital partners to acquire Netspend consumer business
- Rêv Worldwide an international fintech company, and Global Payments a leading worldwide provider of payment technology
- Announced that in partnership with funds advised by Searchlight Capital Partners, L.P. (“Searchlight”)
- Entered into a definitive agreement to acquire the Netspend consumer business from Global Payments
- The acquisition brings back Netspend’s founders, Roy and Bertrand Sosa
- The Sosa brothers look to leverage the strategic assets of the two entities to build a global
- Netspend’s consumer products are also available online via direct-to-consumer mobile and web channels
