H.I.G. Capital acquires software developer Velocity Solutions
Velocity Solutions, a software developer for banks, has been acquired by private equity firm H.I.G. Capital.
Brightfolk picks up a stake in online payments provider Klarna
Brightfolk has bought a stake in European online payments provider Klarna.
Equiniti acquires end-to-end loan management provider Nostrum
Payment and administration services provider Equiniti Group has acquired end-to-end loan management provider Nostrum.
First Data acquires payment processor CardConnect for $750m
Commerce tech and solutions firm First Data is acquiring payments processor CardConnect for approximately $750m.
NXT-ID buys payments IoT player Fit Pay
Security technology company NXT-ID is acquiring internet of things (IoT) payments company Fit Pay. The financial terms of the deal are undisclosed.
Ebix buys 80% of Indian payments service ItzCash for $120m
US-based on-demand software and e-commerce services firm Ebix is acquiring Indian payments service ItzCash. The company will pay $120m for an 80% stake of the Essel Group-owned business.
Swedbank boosts digital payments offering with PayEx acquisition
Nordic-Baltic banking group Swedbank is acquiring payments service PayEx to expand its digital solutions. The financial terms of the deal are undisclosed.
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.
Irish payroll firm Immedis pays $10m for US-based Expaticore
Irish corporate payroll firm Immedis is acquiring US international payroll firm Expaticore for $10m. The deal comes after two years of discussion between the firms.
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