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Samsung, SoFi | May 12, 2020
Samsung is teaming up with SoFi to launch a Samsung Pay debit card. For Samsung, launching a debit card could be a tool that extends its reach to more customers to maintain its strong positioning in the mobile wallet space.
BLOCKCHAIN
Mastercard | July 28, 2021
Mastercard today unveiled a new Start Path global startup engagement programme aimed at assisting fast-growing digital assets, blockchain, and cryptocurrency businesses. As part of Mastercard's digital assets work, seven startups have joined the programme, including GK8, Domain Money, Mintable, SupraOracles, STACS, Taurus, and Uphold, with the goal of expanding and accelerating innovation in digital asset technology and making it safer and easier for people and institutions to buy, spend, an...
PAYMENTS
Global Payments | September 09, 2021
Global Payments Inc., a leading worldwide provider of payment technology and software solutions, today announced an agreement to purchase MineralTree, a leading provider of accounts payable automation and business-to-business (B2B) payments solutions, from an investor group led by Great Hill Partners, .406 Ventures and Eight Roads Ventures. MineralTree’s software-as-a-service (SAAS) offerings automate key procurement processes, including invoice capture, coding and approval, and enable vir...
EVO Payments | April 01, 2020
US merchant acquirer EVO Payments has secured a $150 million equity injection to help it navigate through the Coronavirus pandemic. The investment came from funds associated with long-term partner Madison Dearborn, a private equity firm that has been a significant shareholder of the company since 2012. The proceeds will be used the strengthen EVO's balance sheet, pay down debt and to fund potential future investment opportunities. In a statement, the firm says: "EVO is closely monitorin...
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