Monday , December 23, 2024

Mergers & Acquisitions

January, 2022

  • 6 January

    PayFacto Strengthens Its Hand in Restaurant POS With an Acquisition of Online Ordering App iShop

    PayFacto Inc., a payment solutions provider specializing in the hospitality industry, announced Thursday the acquisition of iShop, a technology provider for restaurants. The deal, for which terms were not disclosed, gives Montreal-based PayFacto an in-house online-ordering solution, something the company found was missing in its technology stack. As a result, …

  • 6 January

    VeriCheck Acquires Applied Payments and other Digital Transactions News briefs from 1/6/22

    Fintech VeriCheck Inc. announced it has acquired Applied Payments LLC, which does business as ACHWorks, a payment-services provider specializing in automated clearing house transactions. Terms were not announced.Buy now, pay later provider Afterpay Ltd. said in-store shopping from its customers soared 384% year-over-year for the Oct. 1 to Dec. 27 period. Afterpay, available in …

  • 4 January

    How Payix Is Expected To Raise Repay’s Game in the Hot Buy Now, Pay Later Arena

    The acquisition of independent sales organization Payix is expected to bolster payments provider Repay Holdings Corp.’s ability to acquire new merchants, including in the fast-growing and wildly popular buy now, pay later space. Repay on Monday announced its $115-million deal for Payix, which is a registered independent sales organization of Wells …

  • 4 January

    67% Willing To Pay with Crypto and other Digital Transactions News briefs from 1/4/22

    A Cantaloupe Inc. study found that 67% of consumers who own cryptocurrency are willing to use it for purchases if it were linked to a mobile wallet. The study had responses from more than 2,000 U.S. adults.Card maker SmartMetric Inc. said it created a credit card with a built-in fingerprint sensor. The card contains …

  • 3 January

    Repay Acquires Payix and other Digital Transactions News briefs from 1/3/22

    Payments provider Repay Holdings Corp. announced it has acquired payments-technology provider Payix for $95 million at closing plus up to $20 million in earnouts contingent on Payix’s 2022 performance.Mobile-parking app provider ParkMobile LLC said an agreement with the city of Clarksville, Tenn., covers 234 on- and off-street spaces in the city’s downtown. ParkMobile claims …

December, 2021

  • 22 December

    Mastercard Acquires Dynamic Yield and other Digital Transactions News briefs from 12/22/21

    Mastercard Inc. said it is acquiring Dynamic Yield, a data personalization platform, from McDonald’s Corp. Terms of the deal were not disclosed.The University of Kansas has agreed to support the Passport app to pay for parking at 3,600 spaces across the campus. More than 800 cities, universities, and private operators now deploy Passport, …

  • 21 December

    Affirm Adds Two More Merchants and other Digital Transactions News briefs from 12/21/21

    Buy now, pay later provider Affirm Inc. signed electronics retailer Newegg Commerce Inc. and The Passport Place, a travel document consultant, as new merchants.Payments platform Mogo Inc. said it has received regulatory approval in Canada to launch MogoTrade, a commission-free stock-trading service.Visa Inc. announced it has closed on its acquisition of Currencycloud, a provider of cloud-based technology …

  • 17 December

    Waitr Plans Cova Acquisition and other Digital Transactions News briefs from 12/17/21

    Food-ordering and delivery provider Waitr Holdings Inc. said it has entered into a non-binding letter of intent to acquire Retail Innovation Labs Inc., known as Cova, a provider of point-of-sale software for cannabis dispensaries. The deal calls for a price of $90 million in cash and stock.Agilysys Inc., a provider of payments …

  • 15 December

    16% Have Made a Crypto Payment and other Digital Transactions News briefs from 12/15/21

    New research from Fiserv Inc. found that 16% of U.S. consumers have used cryptocurrency at least once to pay for goods and services. The survey of 2,200 U.S. adults also revealed that 25% of crypto users cited lack of merchant acceptance as the primary limitation to increasing the use of crypto as …

  • 14 December

    Celero Acquires Everest and other Digital Transactions News briefs from 12/14/21

    Celero Commerce said it acquired Everest Payment Solutions. Terms were not disclosed. With Everest, Celero will serve more than 45,000 merchants that process more than $18 billion in annual card volume.Digital ordering and payments technology, which gained prominence with the pandemic, has made customers more impatient, with 64% indicating they won’t …

Digital Transactions