Global Offloading Payroll Unit with Thredd and other Digital Transactions News briefs from 5/28/25

Global Payments Inc. has agreed to sell its payroll unit, Heartland Payroll Solutions, to insurance fintech Acrisure LLC for $1.1 billion. The business serves more than 50,000 clients.
Castles Technology said it is working with PXP, a payments platform, to offer Android point-of-sale devices to merchants regardless of size.
Some 73% of product categories are now in classifications that are “tariff-sensitive,” posing added costs for e-commerce, according to a study from ePost Global, which looked at 15.6 million shipments with a combined value of $421 million.
Global investment in payments fintechs rose 80% in 2024, to $31 billion, even as overall fintech investment worldwide totaled $95.6 billion, the lowest total since 2017, according to the “Pulse of Fintech” report from consultants KPMG.
Palla Financial Inc., a platform offering instant cross-border payments for banks and fintechs, has raised $14.5 million in a Series A round led by Revolution Ventures.
Vehlo LLC, a provider of technology for automotive-repair shops, said it has acquired Dealer Pay, a payments platform for the same industry. Terms were not announced.
GetAugie Inc., issuer of the no-fee Augie credit card, is working with financial-wellness platform BrightDime to offer a credit-building program to employers as a benefit for employees.
Donald Kossman has joined Chargebacks911 as chief technology officer. He comes to the chargeback-prevention company from Microsoft Corp.

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