Mergers & Acquisitions

February, 2021

• 8 February

  Another Campus Adds ParkMobile and other Digital Transactions News briefs from 2/8/21

  

  ParkMobile LLC said its mobile app will allow students at the University of Wisconsin-Superior to pay for parking at 420 spaces in seven lots on campus.Visa Inc. said it U.S. consumer cardholders now have access to NortonLifeLock, a digital safety service.Atlantic-Pacific Processing Systems NV Corp. made several improvements to its APPSos customer relationship management service.NCR …
• 4 February

  Lightspeed’s Revenue Jumps 79% and other Digital Transactions News briefs from 2/4/21

  

  Payments provider Lightspeed POS Inc. reported total revenue of $57.6 million for the quarter ended Dec. 31, up 79% year-over-year. Revenue was $49.3 when excluding the recent acquisitions of payments providers ShopKeep and Upserve. The company’s merchant base grew 74% year-over-year to 115,000, or 84,000 excluding the acquisitions, up from 66,000.Fiserv Inc. and the Inclusive Innovation …
• 3 February

  Payoneer Agrees to a SPAC Merger That Will Take the Company Public

  

  Global e-commerce payments provider Payoneer Inc. announced Wednesday morning it will go public via a merger with a blank-check company, confirming reports about a deal that first emerged last month. In the merger, which values Payoneer at $3.3 billion, the 15-year-old, New York City-based firm becomes the eighth payments-related company …
• 3 February

  Eye on Crypto: First Boulevard To Test Visa Crypto API and Uphold To Issue Crypto-Enabled Cards

  

  Neobank First Boulevard will test a suite of crypto application programming interface tools as part of Visa Inc.’s digital-currency strategy, Visa announced Wednesday. And Uphold Inc., a platform for digital wallets and cryptocurrency trading, has acquired Optimus Cards UK Ltd. and intends to issue crypto-enabled debit cards in Europe on …

January, 2021

• 29 January

  Ex-Mastercard Executive’s Payment Tech-Focused Investment Firm and other Digital Transactions News briefs from 1/29/21

  

  Javier Perez, formerly president of Mastercard Europe, has launched Global PayTech Ventures, said to be the first venture-capital firm concentrating exclusively on payment technology.Springbrook Software, developer of systems supporting payments for local governments, released its Municipal Payments Collection portal, which supports payments for miscellaneous town fees. The portal is available via …
• 28 January

  In the Wake of the NCR-Cardtronics Deal, Experts Point to Some Intriguing Scenarios

  

  Now that NCR Corp. has reached an agreement to acquire Cardtronics plc, speculation is growing about what NCR plans to do with the new assets, specifically the 285,000 ATMs Cardtronics operates and its transaction-processing business.  For NCR, the value in the acquisition lies not in Cardtronics’ ATMs themselves, but in …
• 28 January

  How Mastercard’s Optimism Rides on Stimulus, Vaccines, And Debit Spending

  

  Mastercard Inc. saw overall payment volumes inch up in the final quarter of 2020, buoyed by rising debit card volumes and such factors as federal stimulus payments in the U.S. market, the card network’s top executives reported Thursday. Looking ahead, the arrival of vaccines to combat the coronavirus pandemic will …
• 27 January

  3dcart Rebranded as Shift4Shop and other Digital Transactions News briefs from 1/27/21

  

  Payments provider Shift4 Payments Inc. rebranded its e-commerce platform as Shift4Shop. The platform is based on 3dcart, a company Shift4 acquired in November.Seventy-two percent of consumers used a credit or debit card to complete a cross-border transaction, according to the Global Voices 2021: Cross-Border Shopper Insights survey from eShopWorld, a cross-border e-commerce company.Visa Inc. has …
• 26 January

  AmEx’s Top Exec Looks to Vaccines To Help Spur a Comeback for T&E Spending

  

  In a wide-ranging session, American Express Co.’s top brass Tuesday expressed optimism that increasing availability of coronavirus vaccines will soon induce consumers to travel and that the new Biden Administration’s policies are unlikely to have much impact on the New York City-based company’s core business. On an early morning conference …
• 26 January

  Diebold Launches Self-Service POS Stations and other Digital Transactions News briefs from 1/26/21

  

  Diebold Nixdorf Inc. released the DN Series Easy suite of self-service point-of-sale stations. The products employ a modular design, enabling merchants to customize the products to their needs.InComm Payments has partnered with hospitality company Delaware North to implement the InComm cashless payment solution at select sports venues where Delaware North operates food …