SoftBank’s Yahoo! Japan is merging with Naver Corp’s Japanese messaging app LINE in a deal that will give each company a 50 percent stake, The Wall Street Journal reported on Monday (Nov. 18). Get the Full Story Complete the form to unlock this article and...
U.S. Bancorp subsidiary Elavon is acquiring U.K. payments gateway Sage Pay for $300 million, according to reports on Monday (Nov. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Amin Zoufonoun, who heads up Facebook’s mergers and acquisitions (M&A), defended the company’s Instagram purchase in a Facebook post amid investigations by lawmakers and regulators, CNBC reported on Thursday (Nov. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Yahoo site operators in Japan and messaging app LINE are looking to merge into a “super app” that would combine retail, finance and a slew of other services, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Former WeWork CEO and Co-founder Adam Neumann’s family office was in talks to buy Barneys New York when the embattled retailer was going through bankruptcy proceedings, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
Big, splashy announcements of freshly-forged partnerships between FinTechs and mainstream payments and financial services players are released by the dozens these days. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Wirecard announced that it is set to gradually acquire all shares in Bejing-based AllScore Payment Services so it can expand into cross-border licenses. After the deal is closed, Wirecard will hold 80 percent of the shares in AllScore. There is a call option that will...
Walgreens Boots Alliance could be going private in what would be the largest leveraged purchase of a company ever, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Walmart and MoneyGram have extended their agreement into 2021 to provide MoneyGram-branded money transfers, as well as money transfers, bill payment and money orders powered by white-label Walmart2World services, into 2021, according to a release. Get the Full Story Complete the form to unlock this...
