Wednesday , September 18, 2024

Paddle Acquires Profitwell for $200 Million and other Digital Transactions News briefs from 5/25/22

  • Payments-technology provider Paddle announced it has acquired ProfitWell, a vendor of software for subscription metrics and retention automation. The deal is valued at more than $200 million in cash and equity.
  • Apple Inc.’s tap-to-pay on iPhone is rolling out to its retail stores today, according to a Twitter post from Bloomberg reporter Mark Gurman. The technology enables users to make a contactless payment between two iPhones without requiring a separate payment dongle.
  • E-commerce fraud-protection firm Signifyd said its app has launched in Stripe Inc.’s app marketplace. The offering enables immediate chargeback claims data through the Stripe dashboard.
  • Sunmi launched its P2 Smartpad, a PIN pad featuring a 4-inch color touchscreen.
  • Card-issuing platform Marqeta will support financial-services provider Alviere as it expands in the United Kingdom and Europe.
  • Mastercard Inc. launched the Experience Centre at its Global Intelligence and Cyber Centre of Excellence where local, national, and international tech communities can collaborate on cyber security matters.
  • John Caplan has joined payments-technology provider Payoneer as co-chief executive, serving alongside current CEO Scott Galit. Caplan most recently was president of North America and Europe for Alibaba.com.

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