Bank of America Merchant Services announced Monday (May 6) a partnership with Recurly, which runs an enterprise subscription management platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Indian budget hotel startup OYO, which is backed by companies like Airbnb, SoftBank and Didi, has acquired @Leisure Group from Axel Springer for around $415 million (€369.5 million), according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Flipkart, the Indian eCommerce company owned by Walmart, is reportedly in discussions to acquire Namdhari’s Fresh, a grocery store in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The path to the payments deal started about three or four years ago when Adam Bloomston, CEO of Payscape, and Thomas Nitopi, CEO and founder of NXGEN, first met. As they talked about their respective payment services firms, they realized, in Bloomston’s words, “that both...
PayPal’s acquisition of iZettle is getting closer to completion after U.K.’s competition regulator dropped its opposition to the $2.2 billion deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In a move to diversify its business ahead of an initial public offering (IPO), Airbnb is taking over 10 floors of the iconic 75 Rockefeller Plaza. Bloomberg is reporting that the company has plans to convert the spaces into 200 overnight apartments. Get the Full...
Ever since BB&T and SunTrust merged for $28 billion in February, many industry analysts predicted it would start a trend of similar moves from other large banks. That hasn’t been the case, according to a report by Bloomberg. Get the Full Story Complete the form...
Commerzbank and Deutsche Bank announced Thursday (April 25) that they have ended talks about a combination. 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...
Equifax announced that it has acquired PayNet, a provider of credit ratings on small businesses (SMBs). Through its use of state-of-the-art analytics, PayNet provides commercial credit risk underwriting and management solutions to online and alternative finance lenders, and to commercial finance and leasing companies in...
