Vantiv buys B2B payments firm Paymetric
Payments processor Vantiv is acquiring B2B payments company Paymetric from private equity firm Francisco Partners. The financial terms of the deal are undisclosed.
AccessPay nabs £2m to take cloud payments platform to the US
Manchester, UK-based cloud payments service AccessPay has picked up £2m in debt financing to drive its state-side expansion plans.
Square picks up struggling Yik Yak’s tech team for $3m
Payments company Square is taking struggling social app Yik Yak’s development team off its hands for $3m.
Ant Financial boosts global reach with HelloPay acquisition
Ant Financial is continuing to make its presence felt outside of the Chinese market with the acquisition of Lazada’s payments arm HelloPay. The financial terms of the deal are undisclosed.
Mastercard gets the thumbs up for $920m VocaLink takeover
Mastercard has been given the green light by regulators for its $920m acquisition of VocaLink.
Flow bags $16m to solve cross-border e-commerce problems
Cross-border commerce company Flow has pocketed $16m in a Series A round led by Bain Capital Ventures. Hong Kong-based family office Fung Capital and Forerunner Ventures also participated.
Softbank looks to sell Snapdeal’s FreeCharge for less than 50%
Japanese web giant and investor SoftBank is reportedly in talks to sell Snapdeal-owned mobile wallet FreeCharge for as little as $150m to $200m.
Wyre scoops up Chinese remittance startup Remitsy
Blockchain-based cross-border payments startup Wyre is acquiring Beijing-based business payments service Remitsy. The financial terms of the deal are undisclosed.
Uber-rival Grab snatches Kudo to power up payments
South-East Asian Uber-rival Grab is boosting its payments powers with the acquisition of e-commerce and payments service Kudo.
Turkish payments tool iyzico adds $2m to Series C
Turkish online payments service iyzico is adding another $2m to its Series C funding round to bring it up to $15m. The new capital comes from London-based VC Amadeus Capital Partners.
