Saturday , January 28, 2023

Circle Calls Off Concord Deal And Other Digital Transactions News briefs from 12/5/22

      • Digital-currency platform Circle Internet Financial Corp. said it and Concord Acquisition Corp. have agreed to terminate a merger the companies had agreed to in July 2021 and amended in February. Nine-year-old Circle posted its first profit in the third quarter, with net income of $43 million.
      • A 2-year-old U.K.-based e-commerce payments provider called Wamo said it is now working with the commerce platform Shopify. Wamo has more than 3,000 clients in 30 countries.
      • Payments provider i2c Inc. named three individuals to executive positions with the company: David Kozal as chief financial officer, Christine Alemany as chief marketing officer, and Jay Bart as chief human resources officer.

      Check Also

      Mobile Wallet Usage Is Up, But Many Consumers Still Prefer to Pay With Plastic

      Consumer adoption of mobile wallets may be growing, but a lot of consumers still prefer …

      Digital Transactions