PYMNTS-MonitorEdge-May-2024

nets

Yoba Smart Money, Nets Partner On SMB Payments
Yoba Smart Money, Nets Partner On SMB Payments
November 29, 2020  |  B2B Payments

Tech company Yoba Smart Money is working with Nets, a European payments services provider, to debut a new payment service for small- to medium-sized businesses...

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EU Regulators To Decide On Mastercard’s $3.2B Nets Bid By Aug. 3
EU Regulators To Decide On Mastercard’s $3.2B Nets Bid By Aug. 3
June 30, 2020  |  ANTITRUST

The European Commission’s antitrust regulators are poised to rule on whether Mastercard’s $3.2 billion bid for part of the Scandinavian payments company Nets can go...

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Today In Payments: Fed Plans New Facility For SMB PPP Loans; SBA Computer Crash Tangles PPP Loan Process
Today In Payments: Fed Plans New Facility For SMB PPP Loans; SBA Computer Crash Tangles...
April 07, 2020  |  News

In today’s top news, the Federal Reserve and Treasury Department are collaborating to develop a new facility to help small- to medium-sized businesses (SMBs) stay...

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Mastercard’s Nets Takeover Hits Antitrust Snag
Mastercard’s Nets Takeover Hits Antitrust Snag
April 06, 2020  |  B2B Payments

Based on information from six nations, with the inclusion of the U.K., regulators in Europe said on Monday (April 6) that Mastercard’s plans to purchase a...

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Nets Expands Poland Presence With PeP Acquisition
Nets Expands Poland Presence With PeP Acquisition
March 12, 2020  |  Partnerships / Acquisitions

Denmark payments startup Nets said on Thursday (March 12) that it has acquired Polish merchant acquirer Polskie ePłatności (PeP). PeP, valued at €405 million, has...

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Nets Looks To Widen European Scope With Finnish Acquisitions
Nets Looks To Widen European Scope With Finnish Acquisitions
January 09, 2020  |  Partnerships / Acquisitions

Denmark-based payments platform Nets is acquiring two Finnish companies, Poplatek and its spinoff Poplapay, to enhance its payments capabilities and better serve merchants across Europe,...

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Why Mastercard Acquired Nets
Why Mastercard Acquired Nets
August 07, 2019  |  Mastercard

 Mastercard is making its largest acquisition to date with its $3.2 billion bid to buy the Denmark-based payments platform, Nets, furthering its European presence and...

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Mastercard Buys Nets For $3.19B
Mastercard Buys Nets For $3.19B
August 06, 2019  |  Partnerships / Acquisitions

In its biggest acquisition to date, Mastercard will buy Nets for 2.85 billion euros ($3.19 billion). With the purchase of the Denmark-based payments platform, Mastercard is...

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Swish Teams With Nets To Test In-Store Mobile Payments
Swish Teams With Nets To Test In-Store Mobile Payments
July 03, 2019  |  Partnerships / Acquisitions

Payments company Nets announced that it is partnering with Swish, the number one payments app in Sweden, on an in-store payments pilot program. The program...

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