MFS Africa on Thursday (Oct. 21) announced it has signed an agreement to acquire Nigerian digital solutions and distribution company Capricorn Digital, the parent company of Baxi, for an undisclosed amount, according to a Technext report. Baxi gives its users access to products that solve...
Plaid is introducing an ecosystem of payments partners intended to deliver frictionless account-to-account (A2A) financial transactions that are smooth and secure, according to a blog post by Plaid Head of Revenue Paul Williamson. “Plaid is building an account-based payments ecosystem as flexible and fluid as...
Restaurant payment startup sunday has acquired contactless payments firm CHK PLZ to advance expansion across North America, according to a press release on Wednesday (Oct. 20). Launched this year by Victor Lugger, Tigrane Seydoux and Christine de Wendel, sunday snapped up CHK PLZ to help...
Grantmaking management technology platform Fluxx is being acquired for undisclosed terms by a syndicate led by private equity firm Metamorph Partners and co-investor growth equity company ABS Capital Partners, according to a press release on Wednesday (Oct. 20). Fluxx specializes in collaborative grantmaking for private...
American Express is working with Goldman Sachs Transaction Banking (TxB) to provide a cloud-based payment solution for large corporate clients. The two entities announced the project Wednesday (Oct. 20), saying it would support multiple payment options and provide data and analytics in a single platform. ...
The used vehicle market is booming as competitors fight for a piece of the pie, valued at an estimated £500 billion (about $689 billion USD) across the EU and the U.K. As part of the plans to expand its retail offering to include commercial vehicles...
Global technology company Stripe is acquiring payments reconciliation startup Recko for undisclosed terms, Stripe said in a statement emailed to PYMNTS on Wednesday (Oct. 20). The acquisition will help Stripe further advance its creation of online economic infrastructure with the integration of Recko’s automated payments...
Square has partnered with start-up campus STATION F, which will help entrepreneurs access Square’s commerce and payments resources, expertise and application programming interfaces (APIs), according to a press release Monday (Oct. 19). The partnership will help Square allow STATION F to successfully deliver on their...
With the major restaurant delivery services making plays for Instacart’s customers, Instacart is stepping up its efforts to meet grocers’ digital needs. The online grocery platform announced on Tuesday (Oct. 19) that it is acquiring Caper AI, a company that creates smart carts for checkout-free...
