Euronet Worldwide (EEFT) investor relations material

Strategic evolution and business model

• Transitioned from three divisions to a diversified platform with three interconnected segments: payments infrastructure, epay, and cross-border payments, each with multiple use cases and growth accelerators.

• Leveraged a unified technology platform (Ren) to enable cross-segment synergies, rapid product launches, and operational efficiency.

• Expanded global reach to 200 countries, serving 2.2 billion digitally accessible customers and partnering with 400+ digital platforms.

• Maintains a strong compliance framework and regulatory trust built over 32 years, creating significant barriers to entry.

• Focused on recurring, volume-linked revenue streams and durable customer relationships across all segments.

Technology and innovation

• Ren platform underpins all segments, supporting 20.3 billion transactions in 2025 with 99.999% uptime and broad connectivity.

• Platform architecture enables rapid integration of new products, cross-segment consumption, and cost-effective expansion.

• AI is embedded across engineering, operations, and product layers, driving efficiency, compliance, and customer experience.

• Recent acquisitions (Infinitium, CoreCard, PaynoPain) directly enhance platform capabilities and customer value.

• Cloud-native, hybrid, and on-premise deployment options meet diverse regulatory and customer needs.

Segment highlights and growth drivers

• Payments infrastructure: Shifted focus from ATMs (now 60% of segment revenue) to payment processing and merchant services, with strong growth in Europe and emerging markets.

• Merchant services achieved 25%+ market share in Greece, tripling EBITDA in 3.5 years.

• Payment processing leverages Ren and CoreCard to serve global banks and fintechs, with a $34 billion TAM.

• epay: Operates in 66 countries, 70% digital transactions, and acts as a global load network for digital content and prepaid services.

• Entered real-money gaming as a technology provider, targeting a $400+ billion U.S. market and $100 billion global online market.

• Cross-border payments: Serves consumers, SMBs, and financial institutions via Ria, XE, and Dandelion, with accelerators growing at 24% CAGR.

• Digital channels now account for 58% of payouts and 52% of pay-ins, with strong omni-channel customer value.