Warburg Pincus acquires Israel-based Leumi Card for $684m
Warburg Pincus has agreed to buy Leumi Card from Bank Leumi and Azrieli Group in a deal valued at NIS 2.5bn ($684m).
SoftBank, Yahoo Japan, Paytm partner to launch QR-code mobile payments app
SoftBank and Yahoo Japan JV have partnered to build a new smartphone-based payments platform, set for an Autumn launch.
Fattmerchant raises $10.5m to support new product launch later in the year
Payment solution provider Fattmerchant has closed a Series C round on $10.5m to support the launch of a new product later in the year.
Worldpay forms partnership with Mastercard to boost digital payments security
Global payments platform Worldpay has formed a partnership with Mastercard to help establish a new payment standard with Pay by Bank app.
Toast raises $115m in Series D, valuing the company at $1.4bn
Restaurant management platform Toast has raised $115m in its Series D funding round, valuing the company at $1.4bn.
Flexiti picks up another $80m in debt financing from Credit Suisse
Flexiti, a POS consumer financing solution, has received an $80m mezzanine debt facility from Credit Suisse Asset Management.
American Express, GreenSky partner to improve POS financing
American Express has partnered with POS payment and financing processor GreenSky to power frictionless payments.
Group of PE firms said to express interest in payment processor Ingenico
France-headquartered payments processor Ingenico Group has reportedly drawn interest from a selection of private equity firms.
Instant Credit acquired by venture capital unit of Banco Sabadell
Online consumer financing platform Instant Credit has been acquired by InnoCells, the digital ventures department for Spain-based Banco Sabadell. This strategic acquisition was made to...
Tiller Systems said to close $13.8m Series B, with option for additional $9.3m
Tiller Systems, a restaurant and merchant POS terminal developer, has reportedly closed a $13.2m Series B round.