Noyes Payments Blog

Inside Baseball for Payment Geeks

CapOne Buys Discover

Posted on February 20, 2024 by InsidePmts

Quick Take

Discover has been looking for a buyer for some time. Back in 2012 they were the launch partner for the Google Plastic card and positioned the opportunity with Google. While Google was interested in the network, there was no interest in taking on banking licenses and credit risk. Finding a buyer for the BUNDLE of Discover was their ongoing problem, with many BigTechs interested in the network only.

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10 thoughts on “CapOne Buys Discover”

dgwbirch on February 20, 2024 at 10:54 am said:

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