PayLens /Companies

Elavon

Acquirer

USUSFounded 1991
Revenue
$1.8Bas of 2025
Headquarters
Atlanta, US
Website
elavon.com

What it does

Merchant acquiring arm of U.S. Bancorp, contracting merchants in its own name for card acceptance in store and online, with the European licence held by an Irish entity.

Deals

  • Nov 2019·acquired Sage Pay — Elavon, a wholly owned U.S. Bancorp subsidiary, bought The Sage Group plc's payment-gateway business for ~£232M in cash; Sage Pay served the UK and Ireland on £41M revenue in FY2018
  • Jul 2017·sold Santander — Santander repurchased from Elavon, U.S. Bancorp's payments business, the 51% of its Spanish card acquiring business that it had ceded in 2012, taking the joint venture back to full ownership.
3tracked executives
Who runs it

PayLens Radar

The newsletter on European payments: the week in five minutes. The developments that matter, curated and sourced, every Tuesday in your inbox. Free, no account needed.

Next issue in

––days
––hrs
––min
––sec

Every Tuesday · Free · Unsubscribe in one click

Double opt-in. Details in the privacy policy.

Read the latest issue