Monday , December 23, 2024

Mergers & Acquisitions

February, 2023

  • 28 February

    Shift4 Looks to Close on a European Processor As It Enters 2023 With Momentum

    If any doubt remains that payment processors are rebounding strongly from the pandemic and all the restrictions it brought with it, Shift4 Payments Inc. likely dispelled it with the final-quarter 2022 results it posted early Tuesday. And if there’s a cloud on its horizon, it’s the waiting time the company …

  • 23 February

    GoDaddy Launches Payable Domains to Add Utility to the 40-Year-Old Domain Name System

    Ever since its 2021 acquisition of the payments-technology company Poynt Inc., the big Web registrar GoDaddy Inc. has been pressing steadily into a variety of payments markets. In its latest move, the company said early Thursday it will let businesses accept payments through a registered domain name. The new Payable …

  • 16 February

    Repay Sells a Software Unit And Other Digital Transactions News briefs from 2/16/23

    Payments provider Repay Holdings Corp. said it has sold its Blue Cow Software LLC unit to PDI Technologies Inc., a software provider for convenience stores and petroleum-related companies. Terms were not disclosed. Blue Cow came to Repay in June 2021 as a result of Repay’s $503-million acquisition of BillingTree in 2021. Digital identity and fraud prevention …

  • 15 February

    Cantaloupe Launches a Push for a Kiosk Aimed at Wheelchair-Bound And Vision-Impaired Users

    Cantaloupe Inc., a specialist in payments technology for vending machines and self-service marketplaces, introduced a marketing push early Wednesday for The 46 Kiosk, a terminal featuring a 46-inch screen aimed at users in wheelchairs and those with vision issues. The device, which Malvern, Pa.-based Cantaloupe says is compliant with the …

  • 13 February

    FIS Announces a Spin-Off of Its Merchant Solutions Unit Less Than Four Years After Its Worldpay Deal

    In a quarterly earnings call held on short notice, top management at FIS Inc. confirmed early Monday the Jacksonville, Fla. -based company plans to spin off its merchant-services business within the next 12 months. The move comes less than four years after FIS acquired the big merchant processor Worldpay for …

  • 10 February

    Global Payments Adds EVO But Cashiers Gaming And NetSpend As It Posts Record Volume for ’22

    The big transaction processor Global Payments Inc. is set to get significantly bigger by the end of March, its top executives stressed early Friday as they underscored the importance of scale in a business in which Atlanta-based Global processed a record 64 billion-plus transactions in 2022, according to chief executive …

  • 6 February

    Marqeta Closes On Power Finance And Other Digital Transactions News briefs from 2/6/23

    Card-issuing platform Marqeta Inc. closed on its acquisition of Power Finance Inc., a credit card management service. The $275-million deal was announced Jan. 30. U.S. semiconductor maker MKS Instruments Inc. reported it is investigating a ransomware attack that happened last week, according to Reuters. The company said it is temporarily suspending operations at some its plants. A group …

  • 1 February

    Ingenico Adopts Splitit BNPL And Other Digital Transactions News briefs from 2/1/23

    Point-of-sale technology provider Ingenico is working with buy now, pay later specialist Splitit to offer BNPL at the physical checkout using Ingenico’s payments-platform-as-a-service technology. Block Inc.’s Afterpay buy now, pay later service said it will enable access for users to New York Fashion Week beginning Feb. 11 and running for four days. Afterpay is …

January, 2023

  • 30 January

    Gr4vy’s Tokenization Move And Other Digital Transactions News briefs from 1/30/23

    Gr4vy Inc., a payments-technology provider, has integrated network-tokenization services from Giesecke+Devrient GmbH into its platform in a move expected to improve authorization rates and cut transaction costs. Owlin, an artificial-intelligence technology developer, launched Owlin for KYC, said to be one platform to screen merchants and to ease onboarding, monitoring, and …

  • 27 January

    POSaBIT Makes $4 Million Deal And Other Digital Transactions News briefs from 1/27/23

    POSaBIT Systems Corp., a point-of-sale system maker for the cannabis industry, said it will acquire MJ Platform, Leaf Data Systems, and Ample Organics from Akerna Corp. for $4 million in an all-cash transaction. The deal will almost double the number of locations serviced by POSaBIT and expands its operations in Canada. …

Digital Transactions