Acquisitions

Acquisitions
Goldman Sachs Weighed Purchase of Card Tech Firms
November 08, 2022

Goldman Sachs has explored purchasing a payments technology company to enhance its credit card offerings. 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,...

Acquisitions
Worldline Set to Buy Banco Desio’s Merchant-Acquiring Activities
November 07, 2022

The French multinational payment firm Worldline announced on Monday (Nov. 7) that it will purchase Banco Desio’s merchant-acquiring activities for 100 million euros ($100.3 million). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Acquisitions
BILL to Buy Finmark to Expand Financial Operations Platform for SMBs
November 04, 2022

Financial automation software provider BILL has signed a definitive agreement to acquire financial planning and analysis software firm Finmark in a move to expand BILL’s cash flow insights and reporting capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Acquisitions
Elon Musk Reports ‘Massive Drop in Revenue’ as Companies Pause Twitter Ads
November 04, 2022

With activist groups pressuring advertisers to leave Twitter after its acquisition by Elon Musk, the social media platform has seen “a massive drop in revenue,” Musk said Friday (Nov. 4) in a tweet.  Get the Full Story Complete the form to unlock this article and...

Acquisitions
Ryder Buys Dotcom Distribution to Bolster eCommerce Solution
November 02, 2022

Continuing to bolster its eCommerce solution for B2B and B2C brands, logistics and transportation company Ryder System has acquired omnichannel fulfillment and distribution services provider Dotcom Distribution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Acquisitions
Adore Me Sheds Light on D2C Prowess That Brought Victoria’s Secret to Its Door
November 02, 2022

It’s arguably the biggest deal in “Big Lingerie” since the breakup and spinoff of Victoria’s Secret last summer, as the mall-based physical store category leader has moved to acquire the digitally native prowess of its smaller rival, Adore Me. Get the Full Story Complete the...

Acquisitions
PayTabs Set to Acquire Saudi Arabia’s Digital Pay
November 01, 2022

PayTabs, a Saudi-based payments company focused on the Middle East, Africa and South Asia (MEASA) market, has announced that it intends to acquire Saudi Arabian point-of-sale (POS) technology company Digital Pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Acquisitions
Musk Dissolves Twitter Board and Is Company’s Only Director
October 31, 2022

Twitter’s new management took another restructuring step Monday (Oct. 31) when Elon Musk let all nine members of the board of directors go. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Acquisitions
Safe Harbor Financial to Buy Abaca and Expand Cannabis FinTech Platform
October 31, 2022

Safe Harbor Financial, a facilitator of financial services for the regulated cannabis industry, has entered into an agreement to acquire cannabis FinTech platform Abaca for $30 million and said it will create comprehensive banking solutions for the industry’s operators.  Get the Full Story Complete the...