what type of company is first data
First Data Corporation is a global payment technology solutions company headquartered in Atlanta, Georgia, United States. The company's STAR interbank network offers PIN-secured debit acceptance at ATM and retail locations.First Data has a global footprint of 6 million merchants, the largest in the payments industry.owever, the company's LBO was financed with $24 billion in debt, and it remains heavily leveraged. In June 2014, First Data raised a historic $3.5 billion private placement. $1.2 billion of the placement came from KKR; however the majority, $2.3 billion, was from hedge funds, mutual funds and institutions.