Friday , March 29, 2024

Mergers & Acquisitions

July, 2021

  • 13 July

    GoDaddy in Google Tie-up and other Digital Transactions News briefs from 7/13/21

    GoDaddy Inc. and Alphabet Inc.’s Google unit announced an integration that enables GoDaddy clients access to various Google online properties from GoDaddy’s online store. These clients will be able to create a Google Merchant Center account, sync their online product listing on Google, and promote their products on Google.Payments-technology startup KodyPay Ltd. announced …

  • 12 July

    ICBA Bancard Adds Real Time Payments and other Digital Transactions News briefs from 7/12/21

    ICBA Bancard, the payment services subsidiary of the Independent Community Bankers of America, said it now offers real-time payments via Finzly, a fintech, and its connection to The Clearing House Payments Co. LLC’s Real Time Payments network.Mastercard Inc. and Major League Baseball announced a multiyear extension of their sponsorship deal. Mastercard …

  • 12 July

    BNPL Specialist Klarna Looks to Bolster Its Role in E-Commerce With Its Hero Deal

    With volumes rising fast in both e-commerce generally and in the buy now, pay later business, BNPL payments provider Klarna AB has made a play to secure its position in both markets. The company announced Friday it has acquired Hero Towers Ltd., a 6-year-old social-shopping service that lets consumers interact …

  • 8 July

    Blockchain Payments Pioneer Circle Will Go Public in a $4.5-Billion SPAC Deal

    The SPAC trend has come to the blockchain industry. Circle Internet Financial Inc. announced early Thursday it has agreed to be acquired by Concord Acquisition Corp., a special purpose acquisition company, in a deal that will take Circle public and values the 8-year-old company at $4.5 billion. That valuation would …

  • 2 July

    Riskified Files for an IPO; Lightspeed Closes Its NuOrder Deal

    Fraud-management platform Riskified Ltd. has filed for an initial public offering of its Class A Ordinary Shares.  Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Credit Suisse Securities (USA) LLC are the lead underwriters. Barclays Capital Inc., KeyBanc Capital Markets Inc., Piper Sandler & Co., Truist Securities, Inc., …

  • 2 July

    PayPal’s U.S. POS Thrust With Zettle May Have Been ‘Inevitable,’ But It Faces Tough Rivalry

    PayPal Holdings Inc.’s decision to bring its Zettle point-of-sale technology to the U.S. market may not surprise observers, but the move presents some formidable challenges, chiefly in the form of the existing competition, some observers say. At the same time, they add, Zettle brings a potent brand that fills a …

  • 1 July

    Contactless Parking Expands As ParkMobile Grows Its Presence in North Carolina

    ParkMobile LLC Thursday expanded its partnership with parking-lot operator The Car Park to Raleigh, Asheville, and Boone, North Carolina. Previously, The Car Park worked with another payment provider in those cities. The deal also builds on an existing relationship The Car Park has with ParkMobile in Tampa, Boise, Estes Park, …

June, 2021

  • 28 June

    Eye on Equities: A Post-SPAC Payoneer Starts Trading; Cantaloupe Hits the Russell 2000

    Having completed its merger with a special purpose acquisition company, Payoneer Global Inc.’s common stock and warrants began trading Monday on the Nasdaq under the symbols PAYO and PAYOW, respectively. The shares were trading at $10.82 at mid-morning, slightly up from their opening price. “We are just scratching the surface …

  • 25 June

    EMV 3-D Secure 2.0 Use Soars and other Digital Transactions News briefs from 6/25/21

    Global payment transaction volume authenticated with EMV 3-D Secure 2.0 increased 1,667% in the first quarter year-over-year, according to Outseer’s latest quarterly fraud and payments report. The same type of volume authenticated with the previous version of EMV 3-D Secure increased 59% for the same period. Outseer is an authentication services provider.Payments …

  • 24 June

    Blocked in Its Bid for Plaid, Visa Agrees to Acquire European Open-Banking Player Tink

    In a deal that underscores the crucial importance of open banking in payments, Visa Inc. early Thursday said it has agreed to pay $2.15 billion to buy Tink AB, a 9-year-old, Stockholm-based company whose network connects to 3,400 financial institutions throughout Europe. The agreement comes five months after Visa abandoned …

Digital Transactions