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Financial Services

Mediation

LPL Financial Closes Its Acquisition of Commonwealth Financial Network

Global Newswire by Notified: M&A

AUGUST 1, 2025

About LPL Financial LPL Financial Holdings Inc. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,100 financial institutions, servicing and custodying approximately $1.9 Gross profit*.

Acquisitions

Acquisitions IT Management Advisory

What Is a Payment Processor? Meaning, How It Works, and Example

Razorpay

JANUARY 2, 2024

A payment processor is a financial service provider that enables businesses to accept and process customer payments securely. Payment gateways enable secure fund transfers from the customer’s bank to the merchant’s account, encrypting data and acting as a mediator. What is a Payment Processor?

IT Accountant Funds Bank

LPL Financial Closes Its Acquisition of Commonwealth Financial Network

What Is a Payment Processor? Meaning, How It Works, and Example

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