Rêv Worldwide to buy Netspend consumer business for $1B


Rêv Worldwide, led by brothers Rogelio and Bertrand Sosa, is buying the Netspend consumer business from Georgia-based Global Payments Inc. for $1 billion in cash. The deal, expected to close in the first quarter of 2023, would immediately make Rêv a significant technology employer in Austin, with hundreds of workers.

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