Thursday , August 13, 2020

Mergers & Acquisitions

June, 2020

  • 16 June

    Square’s PPP Lending and other Digital Transactions News briefs from 6/16/20

    Merchant processor Square Inc. said that as of June 10 its Square Capital service had facilitated more than $820 million in Paycheck Protection Program loans to 76,000 small businesses since April 29. PPP loans are part of the federal government’s stimulus program to combat the economic downturn caused by the Covid-19 pandemic.In …

  • 15 June

    It’s Goodbye Cards, Hello Electric Cars for Publicly Traded Processor Net Element

    Merchant processor Net Element Inc. has a letter of intent to merge with Mullen Technologies Inc., a privately held startup that plans to sell Chinese-made electric sports cars in the U.S. The pending deal, announced Monday, requires Net Element to divest its payment-processing business. The so-called “reverse triangular merger” is …

  • 12 June

    JotForm Adds PayPal Commerce Platform Integration and other Digital Transactions News briefs from 6/12/20

    JotForm, a developer of online forms for businesses, announced an integration with the PayPal Commerce Platform allowing clients to accept credit card payments, transfers between PayPal accounts, and PayPal Credit financing options.Corporate-payments software provider Coupa Software Inc. said it has acquired Bellin Group, a vendor of treasury-management technology. Terms were not announced.With the popularity …

  • 9 June

    Skrill’s Next U.S. Step Beyond Money Transfer

    Paysafe Group has big ambitions for its Skrill financial products in the United States. Monday’s U.S. launch of the Skrill Money Transfer service is but the first step of a broader U.S. expansion for Skrill, says Lorenzo Pellegrino, a Paysafe executive. The free money-transfer service followed January’s debut of the …

May, 2020

April, 2020

  • 28 April

    Euronet Takes on U.S. ATM Outsourcing With Its Dolphin Debit Acquisition

    It may be headquartered in suburban Kansas City, but payment-services provider Euronet Worldwide Inc.’s network of 46,070 ATMs operates in Europe, the Middle East, and Asia. With today’s announcement that it has acquired ATM outsourcer Dolphin Debit, however, Euronet is gaining a foothold in the U.S. ATM market. Houston-based Dolphin …

  • 23 April

    Payroc Acquires Gateway Payments and other Digital Transactions News briefs from 4/23/20

    Payroc LLC said it acquired Gateway Payments LLC, an independent sales organization with merchants primarily along the Gulf of Mexico coast. Terms were not disclosed.Weave Communications Inc., a provider of payments and other services for small businesses, said its Weave Lite tool set will be offered free for 90 days. Weave …

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