Acquisitions

Acquisitions
Global Blue Acquires Majority Stake in Shipup, Expands Post-Purchase Tech
October 04, 2022

Switzerland-based retail technology and payments company Global Blue has acquired a majority stake in post-purchase technology provider Shipup. 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...

Acquisitions
Now an Apollo Brand, Ingenico Can Fly Solo
October 04, 2022

Payments acceptance solutions company Ingenico is now free to operate as an independent firm now that it’s owned by Apollo Funds, after a deal with Worldline that had been under negotiations for months closed on Monday (Oct. 3). Get the Full Story Complete the form to unlock this article and enjoy...

Acquisitions
South Korea’s Naver to Buy Poshmark in Bid to Boost eCommerce
October 03, 2022

New and used apparel and home goods reseller market Poshmark said it is being acquired by South Korea’s Naver Corp., the companies announced Monday (Oct. 3), in an all cash $1.2 Billion deal at $17.90 per share, marking a 15% premium to its last closing...

Acquisitions
PayU-BillDesk Deal Collapses at Last Minute
October 03, 2022

Dutch technology investment giant Prosus has canceled its subsidiary PayU’s $4.7 billion acquisition of Indian digital payments processor BillDesk, saying conditions of the deal had not been met. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Acquisitions
Société Générale Set to Acquire Majority Stake in PayXpert
October 03, 2022

French multinational financial services company Société Générale announced Monday (Oct. 3) that it is to acquire a majority stake in PayXpert. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Acquisitions
UBS-Wealthfront Deal Reportedly Shot Down by Shareholders, US Regulators
October 02, 2022

Swiss bank UBS reportedly dropped its bid for U.S. wealth-management operation Wealthfront last month due to pushback from shareholders and U.S. regulators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Acquisitions
VC Firm QED Acquires FinTech Executive Search Company
September 30, 2022

Global venture capital firm QED Investors is acquiring boutique search company Lingua Franca Search (LF Search), a startup specializing in placing FinTech and financial services professionals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Acquisitions
Circle Acquires Elements to Drive Crypto Payments
September 29, 2022

Global FinTech Circle, the issuer of USD Coin (USDC) and Euro Coin (EUROC), has signed an acquisition deal for merchant and developer-first payments orchestration platform Elements for undisclosed terms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Acquisitions
Worldline Acquires 40% Stake in Dutch PSP Online Payment Platform
September 29, 2022

Global payment services firm Worldline is acquiring a 40% stake in Online Payment Platform (OPP), a payment service provider (PSP) with a dedicated payment solution for marketplaces and platforms with a focus on eCommerce. Get the Full Story Complete the form to unlock this article...