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Worldpay Bringing New Headquarters, 500 New Jobs to Cincinnati Area

Worldpay Inc., a prominent payment processing company, is set to relocate its headquarters back to the Cincinnati area, promising to create 500 new jobs and generate $56 million in annual payroll. The new headquarters will be established at 8500 Governors Hill Drive in Symmes Township, a suburb where its predecessor, Vantiv, was based. Formed by the merger of Vantiv and London-based Worldpay in 2018, Worldpay processed $2 trillion in payment transactions last year. In addition to the new positions, the company will retain over 900 existing jobs with a total payroll of $93.7 million.

Ohio officials, including Governor Mike DeWine, have welcomed Worldpay's return, highlighting the state's robust financial technology sector. Worldpay, acquired by Fidelity National Information Services Inc. in 2019, is expected to become a standalone company once its sale to a private equity firm is completed in early 2024. Charles Drucker, former CEO of Vantiv and future CEO of Worldpay, cited Cincinnati's talent pool, quality of life, educational institutions, and direct flight connections as key factors in the decision to return.