Global sports platform Fanatics plans to offer its own federally regulated prediction market exchange after acquiring Water Street Labs and CX Clearinghouse from BGC Group. Fanatics and BGC Group agreed to the acquisition, Fanatics said in a Monday (July 27) press release. Water Street Labs...
Stripe and PayPal have spent years expanding across digital commerce from opposite directions. Stripe built its business by selling payments infrastructure to merchants. PayPal built its business by persuading consumers to choose PayPal when they reached checkout. The differences have narrowed over time. Stripe now...
Payments and data company Deluxe is set to acquire small business-focused payments solution firm Celero Commerce, according to a Thursday (June 18) press release. The $625 million deal is designed to help Deluxe derive more revenue from “higher growth” segments, per the release. It is...
Startup culture doesn’t quite have enough history yet to begin repeating itself, but that doesn’t mean that a few executives are finding themselves in a revolving door that ferries them from original efforts to offshoot projects and back again to the source. At least, that’s the...