AnaCap Financial Partners, the European financial services private equity firm, announced Wednesday (Jan. 18) it has signed an agreement to buy a controlling stake in Heidelpay, a German online payment service provider. Get the Full Story Complete the form to unlock this article and enjoy...
Daimler Financial Services, the financial branch of the Germany-based Daimler AG, parent company of car manufacturer Mercedes-Benz, announced recently that it will be acquiring Luxembourg-based mobile payments solutions and eWallet technology provider PayCash Europe for an as-of-now undisclosed sum. Get the Full Story Complete the...
Consumer engagement and loyalty are one of commerce’s favorite mystery boxes. Building it is fundamental, everyone in retail is after it, but after years (and arguably millennia) of study, no one has exactly cracked the secret code. There have been many attempts — some of...
Microsoft announced late last week it is acquiring Maluuba, a Montreal-based company that runs what Microsoft calls one of the world’s most impressive deep-learning research labs for natural language understanding. In a blog post announcing the deal, Microsoft said Maluuba’s expertise in deep learning and...
Amid the continued rumors that Groupon may be a takeout target for eCommerce giant Alibaba, one outlet said the deal will not materialize. StreetInsider.com said that, “per a source,” unnamed in the article, the current 5.7 percent stake that the firm has in Groupon, at nearly 33 million...
Karhoo, an on-demand app that provided users with an aggregation of ride options from fleets of car services that failed to take off, is reportedly getting a new life under new backers. Get the Full Story Complete the form to unlock this article and enjoy...
Shares of daily deal website operator Groupon gained in trading Thursday (Jan. 12) on unconfirmed rumors of a takeover offer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Drug company Valeant Pharmaceuticals International is shedding four of its brands — three skincare and one cancer treatment business — and experts say it’s good money, considering what the company original bought those brands for. Get the Full Story Complete the form to unlock this article...
Fitbit CEO James Park announced the company’s recent purchase of a new wearable technology asset. 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,...
