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AUSTIN, May 1, 2023 International payments company Rv Worldwide (Rv), in partnership with funds advised by Searchlight Capital Partners, L.P. (Searchlight), today completed its purchase of the Netspend consumer business from Global Payments (NYSE: GPN) in an all-cash transaction valued at $1 billion.
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Netspend Visa and MasterCard Prepaid Cards are issued by The Bancorp Bank, Pathward, National Association, and Republic Bank Trust Company, Members FDIC. Netspend is a registered agent of The Bancorp Bank, Pathward, NA, and Republic Bank Trust Company.
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