PayPal has had something of a “blink and you just might miss something” of a 2017 — and notably we are only halfway through the third month. As of the end of February, PayPal officially crossed the 200 million active user mark, as well as quietly...
PayPal Holdings announced Tuesday (Feb. 14) that it has acquired TIO Networks, the cloud-based multichannel bill payment processing company, for $2.56 a share, or $233 million. PayPal said in a press release the purchase price represents a 25.2 percent premium to TIO’s 90-day volume-weighted average price as...
North American cloud-based payments processor TIO has announced that it will be acquiring Softgate Systems, Inc. — a New Jersey firm that specializes in providing consumers with retail bill payment solutions. All in, the deal will be worth $31 million divided between $5 million in...
March 14, 2017
PayPal has had something of a “blink and you just might miss something” of a 2017 — and notably we are only halfway through the third month. As of the end of February, PayPal officially crossed the 200 million active user mark, as well as quietly noting that OneTouch has also corralled itself 50 million uses […]
July 19, 2017
PayPal and TIO Networks announced Tuesday (July 18) that PayPal has completed its previously announced acquisition of TIO Networks. In a press release the companies said that PayPal is acquiring all of the outstanding shares of TIO for $3.35 CDN ($2.64 USD) per share in cash or an approximate $302 million CDN ($238 million USD) […]
February 15, 2017
PayPal Holdings announced Tuesday (Feb. 14) that it has acquired TIO Networks, the cloud-based multichannel bill payment processing company, for $2.56 a share, or $233 million. PayPal said in a press...
