PayU set to acquire Citrus Pay for $180m
PayU, a payments provider owned by South African multinational Naspers, is acquiring Indian payments and mobile banking service Citrus Pay.
Blackhawk Networks picks up Grass Roots for $118m
Blackhawk Networks, a prepaid payments company, has acquired employee and customer engagement platform Grass Roots for $118m.
iZettle buys Scottish POS startup to beef up SME offering
Swedish mobile payments player iZettle is acquiring Scottish point of sale startup (POS) intelligentpos in a move that will expand its software offering to SMEs.
Payoneer lands $180m for cross-border business payments
Cross boarder payments service for businesses Payoneer has raised $180m in a round led by late-stage investor Technology Crossover Ventures (TCV).
PayPal heads to the checkout with MasterCard deal
PayPal and MasterCard are expanding their partnerships to the checkout by increase PayPal's footprint at the point of sale through contactless payments.
Divido takes $3.3m for instalment payments
Divido, a point-of-sale financer, has raised £2.5m ($3.3m) in round of seed funding. The capital comes from Mangrove Capital Partners and DN Capital.
Azimo integrates with Facebook Messenger
International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.
Payzer locks in $4.25m for workers finance tools
Mobile finance tool for workers in the field Payzer has raised $4.25m in a Series B round of equity capital.
IBM Reportedly planning acquisition of point-of-sale business Revel
IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.
Fiserv teams up with Early Warning for peer-to-peer payments
Financial services technology company Fiserv is partnering with Early Warning to offer the company’s clearXchange peer-to-peer payments service.