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easycash Stage: Growth Date of Investment: 2006 Web Site : http://www.easycash.de
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easycash is the leading German point of sale (POS) Network Service Provider. easycash offers customised card-based payment solutions and credit card routing to a broad range of merchant customers. With more than 700 million transactions in 2005 and with a total transaction volume of €43 billion through 165,000 active connected POS terminals easycash is the market leader in card-based transaction processing in Germany. Warburg Pincus' in-depth expertise in the financial and business services sector was key to position Warburg Pincus as the company’s preferred partner. easycash will continue to build on its leading position in the German market and extend its service portfolio in new business areas and geographies. Warburg Pincus acquired easycash in November 2006.
