PAR Technology Buys Delaget for $132 Million and other Digital Transactions News briefs from 1/2/25

PAR Technology Corp., a provider of restaurant point-of-sale technology, has paid $132 million to acquire Delaget LLC, a platform providing analytics and business intelligence to the dining industry. The purchase was chiefly made with PAR common stock.
The social-media network X will launch a service this year called X Money, which is expected to include a payments capability, according to media reports citing a post on X from the network’s chief executive, Linda Yaccarino. X was formerly known as Twitter.
Payroc’s Atlantic Merchant Services unit has agreed to offer point-of-sale systems, contactless payment, and other services to clients of First Bank.
Tribe Money Pools, a specialist in group payments, said it will launch a mobile-payment app Jan. 9 aimed at teams, social groups, and other organizations to ease group expenses.
Kucoin, a digital-currency technology platform, has launched Kucoin Pay, a service aimed at enabling merchants to accept cryptocurrency. Kucoin says it has 37 million uses. Transactions occur via scanning a QR code or through the KuCoin app.

Digital Transactions Authoritative, insightful and timely information for payments professionals