Thursday , April 25, 2024

Paddle Acquires Profitwell for $200 Million and other Digital Transactions News briefs from 5/25/22

  • Payments-technology provider Paddle announced it has acquired ProfitWell, a vendor of software for subscription metrics and retention automation. The deal is valued at more than $200 million in cash and equity.
  • Apple Inc.’s tap-to-pay on iPhone is rolling out to its retail stores today, according to a Twitter post from Bloomberg reporter Mark Gurman. The technology enables users to make a contactless payment between two iPhones without requiring a separate payment dongle.
  • E-commerce fraud-protection firm Signifyd said its app has launched in Stripe Inc.’s app marketplace. The offering enables immediate chargeback claims data through the Stripe dashboard.
  • Sunmi launched its P2 Smartpad, a PIN pad featuring a 4-inch color touchscreen.
  • Card-issuing platform Marqeta will support financial-services provider Alviere as it expands in the United Kingdom and Europe.
  • Mastercard Inc. launched the Experience Centre at its Global Intelligence and Cyber Centre of Excellence where local, national, and international tech communities can collaborate on cyber security matters.
  • John Caplan has joined payments-technology provider Payoneer as co-chief executive, serving alongside current CEO Scott Galit. Caplan most recently was president of North America and Europe for Alibaba.com.

Check Also

DoorDash’s SNAP at 7,800 Walgreens Stores

Consumers using SNAP and electronic benefits transfer payments at a U.S. Walgreens Boots Alliance Inc. …

Digital Transactions