Euronet Worldwide Inc. Expands Footprint in Greece with CrediaBank Acquisition

On January 7, 2026, Euronet Worldwide Inc. (NASDAQ: EEFT), a prominent player in payments processing and cross-border transactions, announced a significant strategic partnership with CrediaBank S.A., the fifth largest bank in Greece. This definitive agreement marks Euronet's intention to acquire the merchant acquiring business of CrediaBank, a move that underscores its commitment to expanding its services in the Greek market.

The deal is poised to close in the third quarter of 2026, pending regulatory approvals and customary closing conditions.

The acquisition will merge CrediaBank’s existing merchant portfolio with Euronet’s robust merchant acquiring operations in Greece. This integration is expected to enhance Euronet’s market position, enabling the company to process over $22 billion annually while serving more than 240,000 merchants.

Euronet’s advanced payment technology and international expertise, aligned with CrediaBank’s comprehensive branch network, aim to enhance the overall quality of service. The partnership is designed to broaden product offerings, ensure seamless customer service nationwide, and introduce additional digital services for CrediaBank’s clientele.

Moreover, the agreement sets the stage for a long-term strategic partnership, granting Euronet exclusive rights to sales distribution through CrediaBank's extensive branch network. This partnership is expected to create new value-added services, further diversifying Euronet's revenue streams.

A noteworthy aspect of the partnership is the plan to launch an innovative account-to-account consumer digital wallet. This digital wallet will leverage Euronet's wallet platform and payment infrastructure, integrating with IRIS, Greece’s national instant payment system. The collaboration aims to align with the growing European trend towards cardless payment options.

By fusing Euronet's technological capabilities with CrediaBank’s banking infrastructure, the partnership is likely to yield mutual benefits, including expanded customer reach and increased transaction volumes. It also sets the stage for the exploration of new digital use cases tailored to the evolving demands of consumers.

In addition to acquiring CrediaBank’s merchant acquiring business, Euronet will also provide a suite of financial services to the bank. This includes issuing credit, debit, and prepaid cards, as well as extending the existing agreement for managing the bank’s ATMs, both in-branch and off-site.

The integration will enable CrediaBank to utilize Euronet’s established technology products, which encompass cash services, card-based acquiring, alternative payment methods, online acquiring, and tokenized payments.

Nikos Fountas, Euronet’s EVP and CEO of EFT EMEA and Americas, expressed enthusiasm about the partnership, stating that Euronet has been operational in the Greek market for over 25 years across various business divisions, including EFT, Money Transfer, and epay. He emphasized that this collaboration is a significant milestone that will facilitate the introduction of additional digital payment innovations in Greece.

Eleni Vrettou, CEO of CrediaBank, echoed these sentiments, noting that Euronet’s cutting-edge technology is expected to enhance operational flexibility, reduce costs, and improve efficiency and profitability. She believes this partnership will further empower CrediaBank to deliver innovative services, ensuring a superior customer experience.

CrediaBank, as the fifth largest bank in Greece, serves approximately 300,000 active corporate and retail customers through 65 retail branches and five business centers. It offers a wide array of financial services, including loans, deposits, insurance products, and investment services.

Euronet, on the other hand, is a global leader in payments processing and cross-border transactions, offering a diverse range of services across more than 200 countries. Its extensive global real-time digital and cash payments network serves as a vital resource for facilitating economic participation.

This partnership not only strengthens Euronet’s foothold in Greece but also signals a proactive approach to the evolving financial landscape, positioning both companies for future growth and innovation in the payments sector.