acquisitions

U.S. Bank Subsidiary Acquires B2B Payments Firm CenPOS
U.S. Bank Subsidiary Acquires B2B Payments Firm CenPOS
January 11, 2019  |  B2B Payments

Elavon, a subsidiary of U.S. Bancorp (U.S. Bank), has acquired B2B payments software company CenPOS, the firms revealed on Thursday (Jan. 10). According to a press...

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ClassPass Acquisition Extends Global Footprint
ClassPass Acquisition Extends Global Footprint
January 08, 2019  |  Partnerships / Acquisitions

ClassPass announced that it has signed an agreement to acquire GuavaPass, an aggregator of fitness experiences operating in Asia and the Middle East. Through the deal,...

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Visa, Mastercard, Amex Stake Their Bets On B2B
Visa, Mastercard, Amex Stake Their Bets On B2B
January 02, 2019  |  B2B Payments

When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Cards are still expected to account...

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Deutsche Bank: How To Make FI/FinTech Partnerships Work
Deutsche Bank: How To Make FI/FinTech Partnerships Work
December 27, 2018  |  Innovation

David Watson of Deutsche Bank contributed the following piece as part of PYMNTS’ Masterclass series, where participants in the world of payments and commerce can...

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Ikea Buys A Stake In Traemand To Broaden Its Service Offerings
Ikea Buys A Stake In Traemand To Broaden Its Service Offerings
December 20, 2018  |  Retail

Ikea’s parent firm, Ingka Group, has purchased a 49 percent stake in U.S. kitchen installation firm Traemand as it pushes to expand and enhance its service...

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Yamaha Invests $150M In Grab’s Motorcycle Service
Yamaha Invests $150M In Grab’s Motorcycle Service
December 13, 2018  |  Investments

Southeast Asia ride-hailing company Grab has received a $150 million investment from Yamaha Motor Company, according to reports. Grab, which recently bought out Uber in the region,...

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Study: Lyft Growing 2x As Fast As Uber
Study: Lyft Growing 2x As Fast As Uber
December 13, 2018  |  Ridesharing

A new report has found that Lyft is growing twice as fast as its chief rival Uber. While both companies grew their revenue since last...

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Right Networks Eyes SMB App Connectivity With Propelware Acquisition
Right Networks Eyes SMB App Connectivity With Propelware Acquisition
December 12, 2018  |  B2B Payments

Small business (SMB) cloud accounting firm Right Networks has announced the acquisition of Propelware in an effort to connect its accounting technology to other areas...

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Amid GDPR Probe, Mobike To Sell Europe Branch
Amid GDPR Probe, Mobike To Sell Europe Branch
December 12, 2018  |  Regulation

Chinese bike-sharing company Mobike might be looking to spin off its European arm after it was revealed that it’s being investigated for possible breach of the...

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