Kenya’s Safaricom has announced that it is partnering with Vodacom to acquire the intellectual property rights to the M-Pesa mobile financial services platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Automattic announced that it has acquired startup Prospress. 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 completing this form, you...
Volocopter and Skyports announced that they are teaming up to build the first mobile Volo-Port for air taxis. The Volo-Port will be the physical landing pad for electric take-off and landing (eVTOL). The partners plan to build it in Singapore for scheduled public flight trials...
Digital cross-border money transfer company InstaReM has announced a partnership with Kasikornbank to power cross-border payments for the bank’s customers in select markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Scaleworks, a private equity firm focused on acquiring startups, inked a deal to acquire SearchSpring, an artificial intelligence (AI) eCommerce company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In an all-cash deal valued at $889 million, Nuvei Corp plans to purchase SafeCharge International Group Ltd. The firms noted that shareholders of SafeCharge would receive $5.55 of cash for every share – a premium of 25 percent to the stock’s closing price on Tuesday...
Indian eCommerce company Snapdeal is reportedly in talks to buy its rival ShopClues in an all-stock deal. Sources said the due diligence process has already begun, and the proposed transaction is likely to value ShopClues at $200 million t0 $250 million, according to DealStreetAsia. The...
IBM has bid $34 billion for the software company Red Hat, but the deal is subject to approval by EU antitrust regulators, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
NCR, the payments company that makes self-service kiosks, point-of-sale terminals and automated teller machines, among other payment devices, has reportedly tapped Bank of America Equities to find a buyer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
