Specialized payments platform Paysafe on Monday (Aug. 16) signed a definitive agreement to acquire Latin American digital payment platform SafetyPay for $441 million in cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Merger and acquisition (M&A) activity is at an all-time high, with the global value sitting at a record-shattering $3.6 trillion, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Adidas is offloading Reebok into Authentic Brands Group’s (ABG) burgeoning portfolio of brands as the German sportswear giant seeks to strengthen its own position in a direct-to-consumer (D2C)-led strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Baupost Group hedge fund is getting into the meal delivery business. 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, PYMNTS Today. By...
U.S. Bank has agreed to purchase FinTech company Bento Technologies, according to a Thursday (Aug. 12) company announcement. The acquisition is aimed at broadening the bank’s digital capabilities for small business customers. Get the Full Story Complete the form to unlock this article and enjoy...
Western Union Business Solutions (WUBS) is slated to acquired by Goldfinch Partners and The Baupost Group in a $910 million deal that will rename the business Convera, according to a press release on Thursday (Aug. 12). Get the Full Story Complete the form to unlock...
Zilch, a London-based FinTech buy now, pay later (BNPL) startup, on Wednesday (Aug. 11) announced the purchase of commercial lender NepFin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Drivers of electric vehicles used for public transit and business could gain easier access to electric vehicle charging networks with the Wednesday (Aug. 11) announcement that ChargePoint Holdings, Inc. has purchased ViriCiti, a software platform providing access to public transit electric vehicle charging stations throughout...
Paymentus Holdings, which offers cloud-based bill payment technology tools, is acquiring Payveris, a cloud-based software provider that streamlines person-to-person (P2P) and account-to-account (A2A) money transfers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...