Mergers & Acquisitions

April, 2021

• 19 April

  Mastercard To Acquire Ekata and other Digital Transactions News briefs from 4/19/21

  

  Mastercard Inc. said it will acquire Ekata, a digital identity services company, for $850 million. Ekata helps identify good customers and businesses and bad actors in real time, it said. Ekata, formerly the business-to-business unit of Whitepages Pro, spun off in 2019 and adopted the new name. The deal is expected …
• 16 April

  Nuvei To Acquire Mazooma for $56 Million and other Digital Transactions News briefs from 4/16/21

  

  Payments provider Nuvei Corp. has agreed to acquire Mazooma Technical Services Inc., a payment-technology provider for sports betting, for $56 million plus additional consideration upon achievement of performance criteria.Payments fintech Mogo Inc. has closed on its acquisition of a nearly 20% interest in digital-asset trading platform Coinsquare Ltd.The Clipper app, introduced by Cubic Transportation Systems and …
• 15 April

  Coinbase Stock Soars on Opening Day and other Digital Transactions News briefs from 4/15/21

  

  On its first day of trading as a public company, cryptocurrency exchange Coinbase Global Inc. saw its stock finish at $328.28 per share after starting the day at $381 and rising as high as $429.54 on the Nasdaq. The day’s activity left Coinbase with a valuation of $85 billion on a diluted basis, making …
• 14 April

  Cardlytics Acquires Bridg and other Digital Transactions News briefs from 4/14/21

  

  Cardlytics Inc., a specialist in deriving marketing data from payments flows, has agreed to acquire customer-data platform Bridg Inc. for $350 million.Pay Theory, a specialist in payments technology for school districts, is integrating its services with Abre.io, a provider of administration platforms for elementary and high schools.Airvet, a provider of …
• 12 April

  3-D Secure Use up 73% and other Digital Transactions News briefs from 4/12/21

  

  Cybersecurity provider RSA said payment transaction volume using 3-D Secure increased 73% globally in 2020 over 2019 in its RSA Quarterly Fraud report for the 2021 first quarter.The payments provider FreedomPay said the Foot Locker Inc. chain has installed its payments system across Foot Locker’s more than 2,000 U.S. stores.Workflow-automation company DocuPhase announced it has acquired …
• 7 April

  Loop’s Vend Integration and other Digital Transactions News briefs from 4/7/21

  

  Contactless-technology provider Loop Insights Inc. announced it has integrated its service with an application programming interface for billing from point-of-sale technology provider Vend Ltd. The integration enables onboarding of Vend merchants to Loop’s compliance and reporting platform. Processor Lightspeed POS Inc. last month agreed to acquire Vend in a deal valued at $350 million. …
• 6 April

  Brinks Acquires PAI and other Digital Transactions News briefs from 4/6/21

  

  The Brink’s Co. announced it has acquired ATM owner and services provider PAI Inc. for $213 million. PAI’s network links 100,000 machines.Banking-technology provider Jack Henry & Associates Inc. announced more than 115 financial institutions are now live on its real-time payments hub, JHA PayCenter. The hub connects to The Clearing House Payments Co.’s Real Time …
• 5 April

  Intuit Teams With Practice Ignition and other Digital Transactions News briefs from 4/5/21

  

  Intuit Inc. said its Intuit ProConnect unit has partnered with Practice Ignition, a service provider to accounting firms, to provide payments and other services to tax-preparation professionals. Intuit in February sued Visa Inc. and Mastercard Inc., alleging the networks’ interchange pricing models constitute unlawful price fixing.Payments provider i3 Verticals Inc. said it has acquired two …
• 2 April

  An Acquisition of AxiaMed Helps BofA’s Effort to Rebuild Its Acquiring Business

  

  With its acquisition of Axia Technologies Inc., also known as AxiaMed, Bank of America Corp. took a big step toward rebuilding its merchant-acquiring business. AxiaMed provides financial services and payments technology to health-care providers. Terms of the deal were not disclosed. The acquisition, announced Friday, gives Bank of America a …
• 1 April

  Paysafe’s New Loyalty Program and other Digital Transactions News briefs from 4/1/21

  

  Paysafe Group Holdings Ltd. has launched Neteller Knect, a loyalty program for users of its Neteller digital wallet. The program is active in more than 100 countries. Paysafe earlier this week went public via its merger with Foley Trasimene Acquisition Corp. II.Sightline Payments, a startup specializing in payments for the gaming, lottery, and …