Roy and Bertrand Sosa are planning another IPO for Netspend, the groundbreaking fintech they founded nearly 25 years ago. The Sosas attended the Money 20/20 conference in Las Vegas in late October and spoke to Fortune on the sidelines of the fintech event.
Last year, the Sosa brothers partnered with Searchlight Capital Partners, a private equity firm, to buy back the Netspend consumer business from Global Payments. The all-cash deal was valued at $1 billion. The brothers, who did the acquisition through their latest company, Rêv Worldwide, closed the Netspend acquisition in May.
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