Brazilian FinTech infrastructure firm Dock has closed an acquisition deal for the Mexican card processing startup Cacao for undisclosed terms, according to a recent press release. Cacao is Dock’s first purchase outside of Brazil and its third acquisition overall. The deal widens Dock’s regional reach...
Artificial intelligence (AI) identity verification startup Jumio is acquiring global KYC (know your customer) and fraud prevention firm 4Stop, its current strategic partner, for undisclosed terms, according to a press release on Tuesday (Dec. 7). With 4Stop’s data sources added to the Jumio KYX Platform,...
REEF, which operates delivery kitchens, logistics and proximity hubs, has bought virtual kitchen company 2ndKitchen, according to a press release emailed to PYMNTS. 2ndKitchen’s services help bars, breweries, hotels and other businesses partner with hyper-local restaurants in order to offer custom food experiences, add new...
Yellow.com and Openware will be merging to make a new global settlement network, the companies announced Monday (Dec. 6), with the combined company name being Yellow Group. Per the release, the company plans to construct a financial information exchange network, which will be focused on...
Credit cards payment firm Cred is acquiring corporate expense management firm Happay in a cash and stock deal valued at $180 million, according to multiple reports. The move gives Cred entree to the enterprise spending space. Happay will continue operations as a separate entity but...
Stax, an all-in-one payment technology provider, has acquired automated surcharging platform CardX, with the intention to streamline and boost transparency in surcharging, according to a press release. The deal will give Stax merchants a better way to accept cards with 0% cost, the release stated....
Online bulk retailer Boxed is set to acquire MaxDelivery, an on-demand grocery delivery service for New York City consumers. As Grocery Dive reported Tuesday (Nov. 30), the deal, set to close in December, lets Boxed expand into dark store fulfillment and rapid delivery of fresh...
Booking Holdings has announced an agreement with CVC Capital Partners to buy Etraveli Group, a global flight booking provider for 1.63 billion euros (about $1.83 billion), to help offer frictionless flights, according to a Tuesday (Nov. 23) press release. Etraveli Group will remain headquartered in...
The ultrafast grocery delivery market in Europe is buzzing with consolidation moves as companies look to mergers and acquisitions, a strategy to remain competitive in the quickly growing space. On Tuesday (Nov. 23), Turkish startup Getir, which specializes in 10-minute delivery, agreed to acquire British...
