Cards & Payments
Paysafe to acquire payment technology firm Openbucks
UK-based online payments company Paysafe has acquired US-based payment technology company Openbucks, for an undisclosed amount.
Openbucks is a payment gateway that enables online merchants to accept retail gift cards as an alternative form of payment to credit cards, which...
Financing
InComm Payments acquires Brazilian gift card processor Todo Cartoes
InComm Payments, a leading global payments technology company, announced that it has acquired Todo Cartões, one of Brazil’s main closed-loop gift card processors. The acquisition will grow InComm Payments’ presence in the country by enabling the processing and distribution...
Financing
Revolut announces merchant acquiring solution for businesses
Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments.
Revolut’s chief executive Nik Storonsky announced that merchant acquiring unit will allow businesses in 13 European countries to accept...
Financing
A Look at the Alternatives to the Traditional Business Loan
Starting a business is a bit like juggling. You have to concentrate on each of the aspects of the business to ensure none of them fall. You’ll need to worry about staffing, office space, inventory, IT systems and many...
Financing
Hanover signs $63m merger deal with Savoy Bank
Hanover Bancorp, the parent company of Hanover Community Bank, has signed an agreement with Savoy Bank for a merger in a stock and cash transaction valued around $63m.
Under the terms of the agreement, Savoy Bank will be merged into...
Financing
American Express to acquire US fintech company Kabbage
American Express has agreed to acquire substantially all of Kabbage, a US data and technology company engaged in online lending, for an undisclosed price.
The Atlanta-based fintech company caters to small businesses in the US through its cash flow management...
Financing
Quadient Announces Acquisition of Leading FinTech Company YayPay, Specialized in Accounts Receivable Automation
Quadient, a leader in helping businesses create meaningful customer connections through digital and physical channels, announces the acquisition of YayPay, a best-in-class and rapidly growing company at the forefront of SaaS accounts receivable (AR) automation solutions. The acquisition of...
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