Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. According to CNBC reports, the company has recently laid off staff as it works to close another round of funding...
In today’s top payments news, U.S. Bancorp subsidiary Elavon is acquiring U.K. payments gateway Sage Pay for $300 million. Also, Apple criticized the vote of German lawmakers to pass new legislation that would make it open up its mobile payment system to rival providers. And the U.S. recorded its...
U.S. Bancorp subsidiary Elavon is acquiring U.K. payments gateway Sage Pay for $300 million, according to reports on Monday (Nov. 18). The deal comes as Sage Pay’s parent company Sage Group said in September that it was seeking “strategic alternatives for the payments business.” The...
Sage Pay, a payment processing firm for small businesses, has stepped into alternative lending. The company announced the launch of Sage Pay Business Finance this week, the result of a new collaboration with alternative lender Liberis. SMEs can receive a cash advance equivalent to up to...
November 18, 2019
U.S. Bancorp subsidiary Elavon is acquiring U.K. payments gateway Sage Pay for $300 million, according to reports on Monday (Nov. 18). The deal comes as Sage Pay’s parent company Sage Group said in September that it was seeking “strategic alternatives for the payments business.” The company had more recently been focused on accounting, people and […]
March 17, 2016
Sage Pay is taking its partnership with a voice services company to a more secure level. In a press release shared by Finextra, it was announced that the payment services...