Partnerships / Acquisitions

Partnerships / Acquisitions
Sezzle, Plaid Team On Consumer Payments
July 27, 2020

Installment payment platform Sezzle is partnering with Plaid, which works with digital tools to help companies enact FinTech solutions, in order to give customers more control over how their data is used in payments, according to a press release. Get the Full Story Complete the...

Partnerships / Acquisitions
Wirecard Shares Surge As Investors Offer To Buy Insolvent Payments Company
July 27, 2020

As five dozen suitors with the backing of more than 130 investors have lined up to buy what’s left of Wirecard AG, the German payment company’s stocks soared by as much as 37.5 percent in Frankfurt on Monday (July 27) — the steepest gain since...

Partnerships / Acquisitions
Equifax Buys Commercial Credit Data Company Ansonia
July 26, 2020

Equifax, the Atlanta-based financial technology company, has purchased Ansonia Credit Data, a commercial credit data firm. 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...

Partnerships / Acquisitions
Amazon Looks To Snag 9.9 Pct Stake In Reliance Retail
July 23, 2020

Amazon is in early-stage discussions to acquire a 9.9 percent stake in Reliance Retail Ltd., a unit of India’s Reliance Industries, The Economic Times reported, citing anonymous sources. An Amazon investment in a Reliance property would follow a number of others from major players in...

Partnerships / Acquisitions
Stripe Delivers Same-Day Payments For Notaries
July 23, 2020

Payments processor Stripe is partnering with Notarize, which offers online notary services, to help notary publics “work online and receive almost instantaneous payment,” the companies said in a news release. The companies touted their setup as a way for notaries to keep working safely through...

Partnerships / Acquisitions
Flipkart To Acquire Walmart’s India Wholesale Business
July 23, 2020

Wal-Mart India Private Limited, which operates the Best Price wholesale business in India, will be acquired in its entirety by Flipkart Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Partnerships / Acquisitions
Airbnb Offered A Novel Way To Go Public 
July 23, 2020

Airbnb Inc. has been offered a unique opportunity to go public. Brian Chesky, CEO of the San Francisco-based vacation rental online marketplace, told Reuters his company has been approached about a merger with a so-called blank-check acquisition company. Get the Full Story Complete the form...

Adevinta Signs Deal To Buy eBay’s Classifieds Division For $9.2B  
July 21, 2020

In a deal expected to create the world’s largest online classifieds company, eBay Inc. has agreed to sell its ad division to Adevinta ASA, the Norwegian online marketplace, for $9.2 billion, the companies announced Tuesday (July 21). Get the Full Story Complete the form to...

Partnerships / Acquisitions
Should eBay Buy Overstock?
July 20, 2020

After a boardroom battle in which one side wanted eBay to get back to its roots, the company was rewarded Monday (July 20) by word that it’s close to selling its classified ad business to Norway’s Adevinta for $9 billion. What should eBay do next...