- The July report from the Fiserv Small Business Index increased to 149, up one point from June. Year-over-year sales increased 3.6% and transactions grew 3%. Consumer spending increased from June, but their foot traffic into small businesses was nearly flat, Fiserv said.
- NewtekOne Inc. and its banking unit, NewTek Bank N.A., launched a business onboarding service that combines a Newtek Bank business checking account with a merchant payment account in a single application.
- Payments company Mogo Inc. said it has sold $13.8 million worth of stock in WonderFi Technologies Inc. in advance of the pending acquisition of WonderFi by Robinhood Markets Inc.
- Flex, a platform specializing in payments from health savings accounts, has agreed to support such payments from customers of online beauty retailer Dermstore.
- Wix.com Ltd., a Web site builder platform, launched Wix Checking and Wix Capital, a merchant cash advance service, for its users.
- Parking-technology provider JustPark said it has acquired Oobeo, a developer of contactless-payment software and provider of valet parking and permit management. Oobeo is a unit of Toledo Ticket. Terms were not announced.
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