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E-commerce processor Shopify Inc. opened its first brick-and-mortar “entrepreneur space” in downtown Los Angeles. The site will provide in-person support, training, and education to Shopify merchants, and the company’s suite of retail hardware products will be available. Shopify says it has 10,000 merchants in L.A. and 80,000 in California.
- Cybersecurity technology provider Imperva Inc. said it has a deal to be taken private by private-equity firm Thoma Bravo for $2.1 billion in cash. Imperva’s customers include merchants and others that need to comply with PCI Security Standards Council rules.
- Processor Worldpay Inc. said its payout service is now available in more than 50 additional nations, for a total of 89. The service uses Worldpay’s Bankout service and the Visa Direct-powered Worldpay FastAccess service.
- Data-security provider ThreatMetrix released its “Q2 Gaming and Gambling Cybercrime Report” that found 71% of all gaming transactions come from mobile devices.
- The Giift marketplace for the exchange of loyalty currencies, such as points, miles, rewards, and gift cards, reached $1 billion in transaction value in the third quarter, two years ahead of plan.
- Circle Internet Financial Ltd., a blockchain-based peer-to-peer payments company, acquired equity crowdfunding firm SeedInvest. Terms were not disclosed.
- E-commerce payment gateway Allied Wallet added China’s WeChat Pay as a payment option.
- Route 66 Ventures agreed to commit as much as $75 million in debt financing to Zebit, an e-commerce marketplace that allows consumers to buy over time.
- Connected-car software developer Xevo Inc. added the PlusPass toll-pay app from BancPass to its in-car commerce platform, Xevo Market.
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