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VeriCheck Acquires Applied Payments and other Digital Transactions News briefs from 1/6/22

  • Fintech VeriCheck Inc. announced it has acquired Applied Payments LLC, which does business as ACHWorks, a payment-services provider specializing in automated clearing house transactions. Terms were not announced.
  • Buy now, pay later provider Afterpay Ltd. said in-store shopping from its customers soared 384% year-over-year for the Oct. 1 to Dec. 27 period. Afterpay, available in eight nations, said more than 100,000 merchants accept it as a payment method.
  • P97 Networks Inc., a mobile-payments provider for the convenience-store and petroleum industries, said it has secured $40 million in venture debt financing from an affiliate of Peak Rock Capital. P97 said it will use the credit facility to finance growth.
  • Payments provider BlueSnap Inc. hired Chris McNulty and Brent Godfrey for its global sales and partnership team. McNulty most recently was chief revenue officer at BillingTree, now part of Repay Holdings. McNulty come to the company from Neustar Inc., a unit of TransUnion.
  • Payments provider SpotOn Transact Inc. appointed Lisa Banks chief financial officer, JiNa Han chief people officer, and Mark Brodahl chief revenue officer.

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