PAR Technology has acquired TASK Group and Stuzo Holdings to expand its unified commerce software offerings. These acquisitions will expand the global food service technology company’s offerings into convenience stores, fuel retailers and international markets, PAR Technology said in a Monday (March 11) press release....
Bank payment company GoCardless plans to grow its indirect channel offering with an acquisition of Sentenial, which operates under the Nuapay brand. GoCardless has signed an agreement to acquire the company from EML Payments Limited, in a deal that is subject to regulatory approvals, the...
Former Treasury secretary Steven Mnuchin is assembling a group of investors to attempt to purchase TikTok. Mnuchin told CNBC about this plan Thursday (March 14), a day after the U.S. House of Representatives voted to force TikTok’s owner, Chinese company ByteDance, to sell its U.S....
Investment firm Frazier Healthcare Partners has acquired RevSpring, a payments solution firm for the healthcare field. Frazier announced the deal in a news release Tuesday (March 12), noting that it had acquired RevSpring from private equity firm GTCR. “The partnership with Frazier will leverage Frazier’s investment, experience, and deep industry expertise...
Amadeus has acquired Voxel, a B2B payments solution provider for the travel sector. The purchase, announced Monday (March 11) adds Voxel’s eInvoicing and B2B payments tools to the Amadeus portfolio, while helping corporate customers by further automating aspects of the business travel experience like reservation, payments and expense...
European business finance solution firm Qonto plans to acquire French FinTech company Regate. The deal is expected to close within weeks, Qonto said in a Thursday (March 7) press release. The planned acquisition will enhance Qonto’s existing business banking solutions for small and medium-sized businesses (SMBs)...
The U.K. bank Nationwide Building Society is set to acquire Virgin Money for $2.7 billion. The boards of the two companies reached a preliminary agreement to the deal on Thursday (March 7), saying their merger would make them Great Britain’s second-largest provider of mortgages and savings. “The combination of our...
As part of a broader push into the Latin American market, Nayax, a global commerce enablement, payments and loyalty platform, announced that it agreed to acquire VMtecnologia. The acquisition heralds an expansion for Nayax, with VMtecnologia being a leading technology provider for Brazil’s automated self-service industry, the...
Before Capital One acquired Discover Financial last month, J.P. Morgan Chase reportedly considered its own bid. The country’s largest bank spent roughly a year exploring a deal to gain control of Discover’s payments network long before Capital One’s $35 billion purchase, the Financial Times (FT)...
