Paymerang said the planned acquisition of the company by Corpay will help Paymerang continue its mission and create new jobs. The provider of accounts payable (AP) automation solutions shared the news in a Thursday (May 9) post on LinkedIn after Corpay announced the deal in a Wednesday (May 8) press release. “We are...
In biology, a synapse is essentially a conduit, a place in the brain where neurons connect and communicate. In financial services, the recent news that TabaPay would be ending its planned acquisition of the FinTech Synapse Financial Technologies brings to mind a different type of...
TabaPay has reportedly ended its planned acquisition of bankrupt FinTech company Synapse. A TabaPay spokesperson told TechCrunch on Thursday (May 9) that the company had “pulled out” of the deal and had sent “termination notice of the purchase agreement this morning based on failure to meet the...
AppDirect has acquired Builtfirst, saying this will further its aim to become “the premier destination for marketplace solutions.” The acquisition adds Builtfirst’s self-service marketplace platform technology to AppDirect’s suite of solutions focused on its business-to-business (B2B) commerce platform, the companies said in a Thursday (May 9) press...
April 02, 2024
2019, the year of the payments industry mega-deals, seems long ago and far away. Before the pandemic, the headlines were awash in waves of verticalization, where large firms scooped up other large firms for tens of billions of dollars. FIS bought Worldpay for a staggering $43 billion. Fiserv bought First Data for more than $22 billion. Global Payments added TSYS to its roster for nearly $22 billion. Much has happened […]
February 29, 2024
The news that Capital One has launched a $35 billion bid to acquire Discover Financial has shaken up the financial services industry. Jim McCarthy, CEO of Thredd, told Karen Webster...
February 26, 2024
Niche markets need to scale their reach, too — and often, eCommerce is best way. And while the direct-to-consumer (D2C) landscape made waves with products like cheaper eyeglasses and other...
February 20, 2024
In any industry, a $35 billion deal is, of course … a big deal. But in financial services, the news that Capital One has set the stage to buy Discover...
May 13, 2024
Business management software provider the Access Group agreed to acquire accounts payable (AP) automation provider Lightyear. Subject to regulatory reviews, the acquisition will extend the Access Group’s enterprise resource planning (ERP) software offering globally, the companies said in a Friday (May 10) press release. “Lightyear is a great fit for our business,” Claire Carter, managing director of Access ERP, a division […]
May 10, 2024
Paymerang said the planned acquisition of the company by Corpay will help Paymerang continue its mission and create new jobs. The provider of accounts payable (AP) automation solutions shared the news in a Thursday (May...
May 09, 2024
TabaPay has reportedly ended its planned acquisition of bankrupt FinTech company Synapse. A TabaPay spokesperson told TechCrunch on Thursday (May 9) that the company had “pulled out” of the deal and had...
May 09, 2024
AppDirect has acquired Builtfirst, saying this will further its aim to become “the premier destination for marketplace solutions.” The acquisition adds Builtfirst’s self-service marketplace platform technology to AppDirect’s suite of solutions focused...
