Flywire has acquired Invoiced, a software-as-a-service (SaaS) platform that enables B2B finance teams to automate the order-to-cash process. This acquisition will enhance Flywire’s B2B payments solution, extend its customer footprint across a diversified customer base and provide it with the opportunity to monetize the domestic and international...
HPS/PayMedix acquired healthcare financing platform TempoPay. The acquisition aims to offer a healthcare financing and payments solution that addresses health equity, affordability and the need for a simpler healthcare payments experience, according to a Tuesday (Aug. 6) press release. TempoPay gives employees access to interest-free...
Digital commerce firm NCR Voyix has found a buyer for its cloud-based banking business. Tech investor Veritas Capital has agreed to purchase the banking platform for $2.45 billion in cash, along with “future additional contingent consideration” of up to $100 million, NCR Voyix announced Tuesday (Aug. 6). “We believe that Veritas,...
Canadian payments FinTech Nuvei is set to acquire Brazilian payments institution Pay2All. The deal, announced Monday (Aug. 5), is designed to expand Nuvei’s capabilities in Brazil and its presence in the larger Latin American market. Pay2All’s payment institution license from Brazil’s central bank will let...
Mars is reportedly in discussions to acquire snack maker Kellanova in a deal worth about $30 billion. The purchase could come about “imminently,” The Wall Street Journal reported Monday (Aug. 5), citing unnamed sources. The acquisition would be among the biggest deals of 2024. Kellanova...
Flywire is reportedly exploring a sale after seeing interest in a takeover. The payments processor, which has a market value of $2.3 billion, is working with investment bankers to evaluate interest from private equity firms and other potential buyers, Reuters reported Friday (Aug. 2), citing...
Supply chain solutions provider Blue Yonder’s $839 million acquisition of One Network Enterprises is complete. The deal, announced Thursday (Aug. 1), lets Blue Yonder customers collaborate and share data on things like inventory levels and materials movement in real time across all trading partners up and down the supply chain. “It’s...
Payments processing startup Lemon Squeezy has been acquired by Stripe. Lemon Squeezy announced the acquisition on its blog last week, saying the deal marks a culmination of a relationship that began when the company was founded in 2021. “Along the way, we received many acquisition...
Fortis has acquired MerchantE’s NetSuite payments division, saying this move will accelerate the deployment of new, embedded financial and commerce enabling solutions. MerchantE’s NetSuite payments solutions will join Fortis’ existing embedded payments offerings for software providers, enterprise resource planning (ERP) customers and scaling businesses, Fortis said in...
