Payments News


Merchant acquirer Evo Payments sets terms for $210 million IPO

“Evo Payments, which provides payment processing services to merchants and financial institutions, announced terms for its IPO on Thursday. The Atlanta, GA-based company plans to raise $210 million by offering 14 million shares (5% insider) at a price range of $14 to $16. At the midpoint of the proposed range, Evo Payments would command a fully diluted market value of $1.2 billion.”