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- Euronet (NASDAQ:EEFT) Thursday reported an settlement with Swedbank to amass the financial institution’s ATM property and supply ATM outsourcing companies in Lithuania, Estonia and Latvia.
- Euronet (EEFT) will purchase the financial institution’s in-branch and off-branch ATM property within the three Baltic nations, whereas making certain seamless migration to Euronet’s Ren funds processing platform and integration with the financial institution’s present programs.
- The Swedbank ATM community has 1,141 ATMs (373 in Estonia, 362 in Latvia and 406 in Lithuania) and contains money withdrawal and money deposit/recycling ATMs.
- The migration will begin within the fall of 2025.
- EEFT -0.82% premarket to $104.05.
- Supply: Press Launch
