Partnerships / Acquisitions

Partnerships / Acquisitions
Vonage Tests Conversational Commerce With Jumper.ai Merger
October 19, 2021

Cloud communications company Vonage has purchased Jumper.ai, a Singapore-based omnichannel conversational commerce solutions provider, according to a Tuesday (Oct. 19) press release. Financial details of the transaction were not disclosed. As part of the acquisition, Jumper.ai’s team will join Vonage’s Product and Engineering group in an effort to...

Partnerships / Acquisitions
Digital Bank Lunar Snags Payments Platform Paylike 
October 19, 2021

Danish digital bank Lunar announced Tuesday (Oct. 19) it has acquired payments platform Paylike for an undisclosed amount, according to a Fintech Futures report, in a move that will allow Lunar’s business customers to receive eCommerce payments directly.  Lunar also rolled out a one-step checkout...

Partnerships / Acquisitions
jaris, SpotOn Offer $350M in SMB Loans 
October 19, 2021

Private label lender jaris says its partnership with payments software company SpotOn has extended more than $350 million in loan offers to small business clients.  “Small businesses account for 99.9% of all U.S. firms and about 44% of the total private-sector output of the economy,”...

Partnerships / Acquisitions
Cybersource and EBANX Team Up on Brazil Payments Platform 
October 18, 2021

eCommerce credit card payment platform Cybersource and Brazilian FinTech EBANX announced on Monday (Oct. 18) a collaboration that will streamline payments for customers across Brazil.   The partnership means Cybersource’s clients can access EBANX’s payment solutions for Brazil and in turn offer their Brazil-based customers...

Partnerships / Acquisitions
Nigerian B2B Startup Alerzo Acquires FinTech Firm Shago Payments
October 15, 2021

Retail-tech startup Alerzo is taking serving mom-and-pop stores in Nigeria to another level, with the recent acquisition of FinTech company Shago Payments to provide new digital services to its 150,000-plus informal retailers. The B2B eCommerce retail firm was launched in 2019 in Ibadan, Nigeria’s third-largest...

Partnerships / Acquisitions
PayPal Rival SumUp Snags Fivestars For $317M
October 14, 2021

London global payments processor SumUp acquired Silicon Valley marketing automation platform Fivestars for $317 million in a mix of cash and stock, according to a press release on Thursday (Oct. 14). The acquisition of Fivestars is SumUp’s first in the U.S. Fivestars is the biggest...

Partnerships / Acquisitions
Wellness Platform Mindbody Buys Subscription Service ClassPass
October 13, 2021

Mindbody, a wellness experience technology platform, has agreed to buy ClassPass, a monthly subscription service providing access to a large network of fitness and wellness experiences, according to a press release. The new deal will help make a “one-stop shop” for business owners and consumers,...

Partnerships / Acquisitions
Best Buy Moves Deeper Into Connected Healthcare With Current Health Acquisition  
October 13, 2021

Making good on predictions that it will keep investing in healthcare, from devices to analytics, Best Buy is acquiring U.K.-based tech firm Current Health, whose platform provides “continuous, passive monitoring of vital signs” via wearables and connected devices. It’s the latest move into telehealth for...

Partnerships / Acquisitions
Columbia Banking and Umpqua Bank Join Forces for $5B
October 13, 2021

Columbia Banking System Inc. and Umpqua Holdings Corp. said Tuesday (Oct. 12) they are joining forces in a $5.1 billion all-stock deal, according to The Wall Street Journal, which adds that the combined entity is now one of the largest financial institutions on the West...