Rêv Worldwide: Partners with searchlight capital partners to acquire Netspend consumer business

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