Articles with tag: acquisition

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BankMobile merges with Megalith Financial Acquisition

07 Aug 2020 | Online & Mobile Banking

US-based BankMobile, a subsidiary of Customers Bank, and Megalith Financial Acquisition (MFAC) have entered into a definitive merger agreement.

BankMobile, technology, Customer Bank, banks, Megalith Financial Acquisition, digital banking, digital, banking, BM Technologies, US, MFAC, transaction, NYSE, loans, financial, Banking-as-a-Service, BaaS, BankMobile Disbursements, Google, White-Label, T-Monile, T-Mobile MONEY

Paya and FinTech III announce merger agreement

04 Aug 2020 | Payments General

Paya, an integrated payments and commerce solution provider, has entered into a definitive merger agreement with FinTech Acquisition Corp. III, a special purpose acquisition company.

Paya, fintech, payments, merger, ACH platform, Paya Connect, GTCR, FinTech Acquisition Corp. III

CITCON continues to expand QR payments across North America with OPAY acquisition

03 Aug 2020 | Mobile Payments

US-based mobile payment platform CITCON has revealed the acquisition of Canada-based payment company OPAY

CITCON, acquisition, OPAY, mobile payment, online payment gateways, in-store payments, merchants, ecommerce, API, alternative payment methods, chargeback, QR payments, North America

Diginex launches crypto exchange in Singapore

31 Jul 2020 | Cryptocurrencies

Hong Kong-based Diginex has launched a cryptocurrency exchange in Singapore, where it currently operates under a ‘temporary exemption’ from licensing. 

Diginex, cryptocurrency, crypto exchange, Singapore, temporary exemption, license, Hong Kong, Nasdaq, EQUOS.io, crypto trading, spot trading, blockchain, Payment Services Act, 8i Enterprises Acquisition, Major Payment Institution

Trust Payments acquires mobile loyalty platform Mobilize Systems

31 Jul 2020 | Mobile Payments

Trust Payments has announced it acquired Mobilize Systems, a UK-based engagement and mobile loyalty platform serving the retail and hospitality sectors.  

Trust Payments, acquisition, mobile loyalty platform, Mobilize Systems, payments, payin, payout, retail, data, transactions

Worldline launches offer for Ingenico shares

30 Jul 2020 | Online Payments

Autorité des Marchés Financiers (AMF) has announced that the Worldline’s offer for Ingenico's shares and OCEANEs will open on July 30, 2020.

OCEANE, Worldline, Ingenico, European Commission, AMF, Autorité des Marchés Financiers, merger, acquisition, France, Europe

Network International to acquire DPO Group

29 Jul 2020 | Online Payments

Africa-based online commerce platform DPO Group has unveiled it will support the expansion of Network International’s presence across Africa.

DPO Group, acquisition, Network International, Africa, payments, digital commerce, online payments

Gresham announces acquisition of Inforalgo

29 Jul 2020 | Online & Mobile Banking

Gresham Technologies (Gresham), the fintech in reconciliations, banking integration and cash management solutions, has announced the acquisition of Inforalgo.

Gresham Technologies, fintech, banking, cash management, acquisition, Inforalgo, regulatory reporting

Openbucks acquired by Paysafe

28 Jul 2020 | Payments General

Specialised payments platform Paysafe has announced its acquisition of US-based payment technology company Openbucks, for an undisclosed sum. 

Openbucks, acquisition, Paysafe, gift cards, online merchants, alternative payment methods, brick and mortar

B2B payments 2019-2020 – key drivers of innovation

27 Jul 2020 | Payments General

An overview of some of the B2B payments trends and initiatives from late-2019 to mid-2020, the Covid-19 impact, the productisation of B2B payments, and future perspectives for this industry

B2B payments, fintech, virtual cards, B2B transactions, cards, investments, acquisitions, digital payments, innovation, partnerships, coronavirus, expansion, corporate cards, cross-border payments, commercial payments, investors, fraud, card schemes, businesses, PSPs, payments, suppliers, digitisation, corporates, banks, payment providers, travel, expenses, commercial card

eBay to sell its business unit to Adevinta for USD 9.2 bln

23 Jul 2020 | Ecommerce

eBay has revealed it reached a deal to sell off its Classifieds business unit to Adevinta, a Norway-based classified ads publisher majority owned by Norwegian publisher Schibsted.

Adevinta, acquisition, eBay, Classifieds, ecommerce, payment services, regulations

Open Banking platform Tink acquires provider of credit decision solutions Instantor

16 Jul 2020 | Online & Mobile Banking

Open Banking platform Tink has acquired the European provider of credit decision solutions based on open banking technology. 

Open Banking, Tink, credit decision, Instantor, acquisition

IBM to acquire Brazil's WDG Automation to boost AI-infused capabilities

14 Jul 2020 | Payments General

IBM has announced a deal to buy Brazil-based provider of robotic process automation software WDG Soluções Em Sistemas E Automação De Processos LTDA.

IBM, acquisition, WDG Automation, AI, operations, cloud, Brazil

Paysafe Pay Later acquired by Heidelpay

10 Jul 2020 | Online Payments

The Heidelpay Group has agreed to buy the Paysafe Pay Later, the deferred payments arm of Paysafe Group.

Paysafe Pay Later, acquisition, Heidelpay, payments, white-label, invoice, instalment, online merchants, brick-and-mortar, retailers, payment processing, digital wallets, e-cash

Korta is now fully acquired by Rapyd

08 Jul 2020 | Online Payments

Fintech-as-a-Service company Rapyd has completed the acquisition of Korta, an Iceland-based payment card service provider. 

Rapyd, acquisition, Korta, Iceland, Europe, merchants, payments, commerce, fintech, online acquiring, POS, digital payment, payment card service provider, PSP

Uber to buy Postmates for USD 2.6 billion

07 Jul 2020 | Ecommerce

Uber Technologies has announced it is acquiring US-based food delivery operator Postmates for about USD 2.65 billion in an all-stock transaction.

Uber, Uber technologies, Postmates, food delivery, ecommerce, online payments, acquisition, United States, US, North America

AMTD Digital to acquire Singapore-based digital payments company FOMO Pay

06 Jul 2020 | Payments General

AMTD Digital is set to acquire a controlling stake in FOMO Pay, a Singapore-based digital payments company.

AMTD Digital, digital payments, FOMO Pay, acquisition

Amazon, SoftBank discuss acquisition of Russian online retailer Ozon

29 Jun 2020 | Ecommerce

Amazon and Japan-based SoftBank have made approaches to Russia-based conglomerate Sistema about a possible acquisition of its online retailer Ozon.

Amazon, Ozon, Sberbank, Softbank, retailer, merchant, Russia, online shopping, acquisition, Europe, Russian Federation

FIME acquires CETECOM Payment activities in the US

17 Jun 2020 | Payments General

Payments testing and consultancy company FIME has announced its acquisition of CETECOM US’s payment activities. 

FIME, CETECOM Payment, US, acquisition, digital payment, payments

Just Eat Takeaway to acquire Grubhub in USD 7.3 bln deal

11 Jun 2020 | Ecommerce

Netherlands-based food delivery app Just Eat Takeaway has agreed to acquire US-based food ordering and delivery marketplace Grubhub in a USD 7.3 billion deal.

Just Eat Takeaway, Grubhub, US, mergers, acquisitions, Uber, COVID-19, shareholder, regulatory approval