05:51 AM EDT, 07/31/2025 (MT Newswires) -- Euronet ( EEFT ) said Wednesday it will acquire CoreCard ( CCRD ) in a stock-for-stock merger valuing the credit technology provider at about $248 million, or $30 per share.

The deal will add CoreCard's ( CCRD ) credit card platform, marquee clients, and fintech expertise to Euronet's ( EEFT ) global payments network, the company said.

The acquisition will support the company's strategy to expand into high-margin, scalable digital finance services, Euronet ( EEFT ) said.

The transaction has board approval and is expected to close in late 2025, pending CoreCard ( CCRD ) shareholder and regulatory approvals.

Shares of Euronet ( EEFT ) addded 1% while shares of CoreCard ( CCRD ) rose 2.6% in recent Thursday premarket activity.