Mergers & Acquisitions

April, 2025

• 24 April

  Fiserv Zeroes in on Restaurants As Its New CEO Settles in

  

  Fiserv Inc.’s Clover point-of-sale technology is set to make a splash in the highly competitive restaurant market with the expected launch next month of Clover Hospitality, the company’s top brass said early Thursday. Lilia, an Italian eatery in Brooklyn, is the first client, said Michael Lyons, the company’s chief executive, …
• 24 April

  Discover Payments Volume Down 4% and other Digital Transactions News briefs from 4/24/25

  

  The payment-services unit of Discover Financial Services reported $96 billion in volume for the first quarter, a 4% drop year-over-year, though increased debit card activity lifted Pulse’s dollar volume 3%. Diners Club volume also increased, growing 18%, but the Network Partners unit recorded a 73% slide “reflecting the anticipated exit of a …
• 21 April

  With The Final OKs, the Capital One-Discover Combo Sets a May 18 Closing

  

  More than a year after Capital One Financial Corp. announced its $35-billion deal to acquire Discover Financial Services, it received the last federal regulatory approvals to move ahead and has set a May 18 closing. The last two regulatory approvals, from the Federal Reserve and the Office of the Comptroller …
• 18 April

  Shift4 Extends Global Blue Offer and other Digital Transactions News briefs from 4/18/25

  

  Shift4 Payments Inc. has extended until May 6 its previously announced all-cash tender offer for all outstanding shares of Global Blue Group Holding AG. The $2.5 billion deal for the Swiss company was announced in February. Shares in Global Payments Inc. tumbled nearly 17.5% Thursday to $69.46 following the news that the payments firm …
• 17 April

  Global Payments Acquires Worldpay And Sells Its Issuer Business to FIS

  

  Global Payments Inc. agreed early Thursday to purchase the big processor Worldpay LLC for $22.7 billion. GTCR, a Chicago-based private-equity firm acquired a 55% stake in Worldpay in July 2023 from FIS Inc., while parent FIS retained ownership of the remaining share. Concurrent with the announcement of the Worldpay deal, …
• 16 April

  CPI’s Digital Wallet Push and other Digital Transactions News briefs from 4/16/25

  

  CPI Card Group Inc. added Web push provisioning to give card issuers the capability to more easily issue credit and debit cards directly to a consumer’s digital wallet. Gateway Funnel Pros, a developer of payment-gateway technology, said it has launched processing services for marketing agencies facing restrictions or denials from other …

March, 2025

• 13 March

  MTech Mobility’s New Touchtab and other Digital Transactions News briefs from 3/13/25

  

  MTech Mobility introduced Touchtab, a mobile point-of-sale platform aimed at restaurants and promising faster processing of customer tickets. A recent study by SpotOn found 84% of U.S. independent and chain restaurants want improved POS technology. Buy now, pay later provider Sezzle Inc. announced new app features including auto-applied coupons, notifications of price drops, and smoother …
• 12 March

  How New Capital Positions Fortis to Pursue Faster Growth

  

  Fortis Payment Systems LLC early Thursday announced it is receiving a capital infusion from a new investor, Audax Private Equity, as well as from an existing investor, Lovell Minnick Partners. The amount of the investment was not disclosed. A privately held company, Fortis actively began seeking new investors about six …
• 7 March

  AmEx Adds an Expense Management Platform Via Its Center Acquisition

  

  American Express Co. has acquired software developer Center. Terms of the deal, announced late Thursday, were not disclosed. The acquisition is expected to close in the second quarter. The deal will provide AmEx’s corporate and small-business cardholders with an integrated expense-management platform that delivers real-time visibility into all employee spending, …
• 7 March

  Stripe Expanding Chicago Office and other Digital Transactions News briefs from 3/7/25

  

  Stripe Inc. has doubled its office space in Chicago, leasing more than 44,000 additional square feet on the fifth floor of a building in the city’s River North neighborhood and bringing its total space to about 89,000 square feet, according to Crain’s Chicago Business. Business-technology provider Globant announced it has developed systems for …