HAIL only had one employee and they never raised money or had customers. That's just hiring a guy that previously tried a startup and failed. If that's an acquisition then so it is every hire that everyone makes.

Zurvu had what, two employees and no usage? I also think they shut down. Certainly they couldn't raise any money. I expect more from PYMNTS - this sort of uncritical press release that belongs on TechCrunch.

Startups like this get a free pass while the real work in payments goes unheralded.