Partnerships / Acquisitions

Partnerships / Acquisitions
eCommerce Marketplace Packable Nets $1.5B Value in SPAC Merger
September 09, 2021

Third-party online marketplace Packable, which operates across a half dozen eCommerce platforms, including Amazon, Walmart, eBay and Google Shopping, on Thursday (Sept. 9) announced it would merge with Highland Transcend Partners I Corp in a deal valued at $1.5 billion, according to a press release...

Partnerships / Acquisitions
Mastercard Buys Crypto Intel Startup CipherTrace
September 09, 2021

Mastercard has inked an agreement to acquire cryptocurrency intelligence startup CipherTrace for undisclosed terms in a move to combine both firms’ cyber capabilities and artificial intelligence (AI) power. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
Thrasio Buys SafeRest, Wise Owl Outfitters and Danjor Linens
September 08, 2021

Thrasio, which is a consumer goods company working on omnichannel commerce, has made three new acquisitions, buying mattress protector company SafeRest, camping equipment company Wise Owl Outfitters and home bedding company Danjor Linens, according to a press release on Wednesday (Sept. 8). Get the Full...

Partnerships / Acquisitions
MX, Payveris Partner on Money Movement Services
September 08, 2021

Financial data platform MX and integrated money movement offering Payveris are getting together to improve account connectivity for U.S. financial institutions (FIs) and FinTechs as part of an effort to expand the reach of money movement services, according to a press release. Get the Full...

Partnerships / Acquisitions
British Regulator Gives Nod to $4B Viagogo/StubHub Combination
September 08, 2021

The U.K.’s competition watchdog says it will allow the ticket resale websites Viagogo and StubHub to proceed with a $4 billion (£2.9 billion) merger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
Workday Plans To Buy Price Quote Platform Zimit
September 08, 2021

Finance and HR enterprise cloud platform Workday, Inc. has signed a definitive agreement to acquire configure price quote platform Zimit, giving the company a new way to help those in service industries. Get the Full Story Complete the form to unlock this article and enjoy...

Partnerships / Acquisitions
Global Payments to Buy MineralTree for $500M
September 08, 2021

Payments technology company Global Payments Inc. will pay $500 million to buy MineralTree, which provides accounts payable automation and B2B payment solutions.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Partnerships / Acquisitions
JPMorgan Acquires 75% of Volkswagen’s Payments Unit
September 08, 2021

J.P. Morgan (JPM) reached a deal with German carmaker Volkswagen (VW) to buy almost 75 percent of its financial services unit for undisclosed terms, Reuters and other news outlets reported on Wednesday (Sept. 8). The acquisition comes ahead of VW’s upcoming launch of in-car payments...

Partnerships / Acquisitions
Mastercard To Buy Denmark’s Open Banking Tech Firm Aiia
September 07, 2021

Mastercard has agreed to acquire Danish open banking technology company Aiia to expand its open banking reach, according to a Tuesday (Sept. 7) press release. Terms of the deal were not disclosed. Get the Full Story Complete the form to unlock this article and enjoy...