acquisitions

International Payments Firm Equals Group Acquires Hermex For £2M

International Payments Firm Equals Group Acquires Hermex For £2M
International Payments Firm Equals Group Acquires Hermex For £2M
August 09, 2019  |  Partnerships / Acquisitions

FairFX, a subsidiary of international payments firm Equals Group, has acquired Hermex International Limited (HermexFX) for £2 million ($2.4 million), Equals Group said in a...

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Uber Passed On Deal To Buy Caviar Before DoorDash
Uber Passed On Deal To Buy Caviar Before DoorDash
August 09, 2019  |  Investments

Uber CEO Dara Khosrowshahi said Uber almost acquired premium food delivery service Caviar, but ultimately decided against it, according to a report by CNBC. Get...

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Snapchat Parent Seeks Profits As It Raises $1B In Debt Securities
Snapchat Parent Seeks Profits As It Raises $1B In Debt Securities
August 07, 2019  |  Investments

Snap, the money-losing parent company of Snapchat, is issuing $1 billion in convertible debt for working capital and future acquisitions, CNBC reported Tuesday (Aug. 6)....

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Walmart Explores Selling Modcloth
Walmart Explores Selling Modcloth
August 06, 2019  |  Retail

Walmart is considering selling off Modcloth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Payment Firm Moneycorp Acquires Australia’s Rochford Group
Payment Firm Moneycorp Acquires Australia’s Rochford Group
August 05, 2019  |  Partnerships / Acquisitions

A payments service provider based in the U.K., moneycorp, has acquired an Australian independent treasury advisory company called the Rochford Group for an undisclosed sum,...

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Big Merger, Big Hacking And Need For Big App Dominates Week’s News
Big Merger, Big Hacking And Need For Big App Dominates Week’s News
August 02, 2019  |  The Weekender

The dog days are summer are here – and so is the end of another busy week in payments and commerce. In this latest edition...

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Facebook Antitrust Investigation Centers On Acquisitions
Facebook Antitrust Investigation Centers On Acquisitions
August 01, 2019  |  ANTITRUST

The Wall Street Journal is reporting that the Federal Trade Commission’s (FTC) antitrust investigation is looking into Facebook’s acquisitions to determine whether it bought other...

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OpenTable Moves Into Delivery — Why — And Why Now?
OpenTable Moves Into Delivery — Why — And Why Now?
August 01, 2019  |  Omnicommerce

For an entire generation of consumers, booking a restaurant by telephone is as foreign an activity as using a rotary phone or creating a document...

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Mastercard CEO Notes Strong Growth In Cross-Border, Tourism Volumes
Mastercard CEO Notes Strong Growth In Cross-Border, Tourism Volumes
July 30, 2019  |  Earnings

Mastercard posted results on Tuesday (July 30) that showed continued strength in consumer spending, with tailwinds coming from international transactions and cross-border volumes. Get the...

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