The global communications services provider IDT Corporation had acquired a majority stake in Sochitel, a digital distribution platform for mobile top-up, electronic vouchers and other value transfer services. Based in London and Lagos, Sochitel works with banks, financial service providers and mobile network operators across...
Cashless payments FinTech Nayax Ltd. has entered into “a binding term sheet” to acquire smart card technology firm On Track Innovations Ltd. for about $4.5 million in cash, according to a joint announcement Thursday (Jan. 20). “This acquisition is an important step in our plan...
Poste Italiane, the Italian postal service, is considering expanding its payments operations with the purchase of a card processing and electronic payments group, according to an unnamed source in the Italian daily MF. Under the terms of the deal, Italy’s postal service would purchase LIS...
Identity verification and compliance service Cognito has been acquired by Plaid, the company’s CEO announced Thursday (Jan. 20). “Plaid Link is nearly ubiquitous across the fintech ecosystem because it does a fantastic job at abstracting over the thousands of banking providers every company needs to...
Integrated payment and commerce solution provider Paya has acquired VelocIT Business Solutions, which provides omnichannel accounting solutions, the company announced Wednesday (Jan. 19). VelocIT works to “drive frictionless commerce experiences” for end users, while Paya provides solutions for helping people make and receive payments. Per...
Babylon has acquired DayToDay Health, giving Babylon members access to DayToDay’s digital-first, medical-related programs and services, according to a Wednesday (Jan. 19) press release. Babylon’s members will have access to programs and clinical services before and after scheduled surgeries, major events such as childbirth, and...
And now — or very soon — get ready for the regulatory gaze to be more fully trained on Microsoft and Big Tech mergers. And maybe hearings on Capitol Hill. Microsoft’s bid to buy Activision for as much as $69 billion is a push well...
The household appliances seller Betterware de Mexico will acquire the beauty company JAFRA from its owner in Germany in a deal worth $255 million. Betterware announced the acquisition from Germany’s Vorwerk Group Tuesday (Jan. 18), saying that the deal — funded through $225 million in...
eCommerce-as-a-Service company Cart.com announced Tuesday (Jan. 18) that it has acquired SellerActive, which provides Software-as-a-Service (SaaS) multichannel eCommerce tools. This is Cart.com’s second acquisition this month, having acquired tech-focused fulfillment and customer care platform FB Flurry on Jan. 10. Now, it plans to fold SellerActive’s...
