Worldpay, valued at $10B, confirms JPMorgan and Vantiv are trying to buy it

Some consolidation is underway in the world of payment processing: Worldpay — the giant company that says it processes 31 million mobile, online and in-store transactions daily and competes against the likes of PayPal, Stripe, Square and more in payment processing — is on the block. Today Worldpay confirmed in a statement to the London Stock Exchange, where its shares are traded, that it has received acquisition approaches from both Vantiv and JPMorgan Chase in the U.S., after reports started to emerge that it was the subject of takeover speculation.

Some consolidation is underway in the world of payment processing: Worldpay — the giant company that says it processes 31 million mobile, online and in-store transactions daily and competes against the likes of PayPal, Stripe, Square and more in payment processing — is on the block. Today Worldpay confirmed in a statement to the London Stock Exchange, where its shares are traded, that it has received acquisition approaches from both Vantiv and JPMorgan Chase in the U.S., after reports started to emerge that it was the subject of takeover speculation.