Acquisitions

Acquisitions
PayTabs Set to Acquire Saudi Arabia’s Digital Pay
November 01, 2022

PayTabs, a Saudi-based payments company focused on the Middle East, Africa and South Asia (MEASA) market, has announced that it intends to acquire Saudi Arabian point-of-sale (POS) technology company Digital Pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Acquisitions
Musk Dissolves Twitter Board and Is Company’s Only Director
October 31, 2022

Twitter’s new management took another restructuring step Monday (Oct. 31) when Elon Musk let all nine members of the board of directors go. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Acquisitions
Safe Harbor Financial to Buy Abaca and Expand Cannabis FinTech Platform
October 31, 2022

Safe Harbor Financial, a facilitator of financial services for the regulated cannabis industry, has entered into an agreement to acquire cannabis FinTech platform Abaca for $30 million and said it will create comprehensive banking solutions for the industry’s operators.  Get the Full Story Complete the...

Acquisitions
Google Pays $100M for AI Avatar Startup Alter
October 27, 2022

Google has reportedly acquired artificial intelligence (AI) avatar startup Alter — which was formerly known as Facemoji — for $100 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Acquisitions
Worldline Acquires SoftPos to Tap Into Contactless Payment Demand
October 26, 2022

French payments services firm Worldline has purchased a 55% stake in SoftPos, a Polish FinTech, the company announced Wednesday (Oct. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Acquisitions
Yaydoo Buys Oyster to Scale B2B Payments Solutions Across LatAm
October 25, 2022

B2B solutions provider Yaydoo has acquired payments solution Oyster Financial in a move that it said boosts its position as a B2B payments solution provider in the Latin America (LATAM) market. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Acquisitions
B2B Payment Firm Moneff Buys Financial Lifestyle App StormPay
October 18, 2022

B2B payment service provider Moneff has acquired millennial- and Generation Z-focused financial lifestyle app StormPay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Acquisitions
Mediobanca Doubles Down on BNPL With 2 New Investments
October 14, 2022

Compass, the consumer credit arm of Italy’s Mediobanca Group, has completed two deals in the buy now, pay later (BNPL) space, according to a Thursday (Oct. 13) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Acquisitions
$25B Kroger-Albertsons Merger Deal Could Spin Off 400 Stores
October 14, 2022

A $25 billion merger deal was struck between two of the biggest supermarket chains in the country, a move anticipated to force the divestiture of 400 locations to keep regulatory scrutiny at bay. Get the Full Story Complete the form to unlock this article and...