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Tesla | July 06, 2020

Shares of Tesla Inc. charged higher to a fourth-straight record close Monday, after even the most bearish analyst on Wall Street analyst lifted his price target following the electric vehicle maker’s blowout deliveries results. Tesla rival Nio Inc.’s stock NIO, +22.70% also soared, in the wake of the China-based EV maker’s upbeat June sales report. Meanwhile, among other EV makers, shares of Workhorse Group Inc. WKHS, -15.78% pulled back after a record 11-day win streak and Nik...

PAYMENTS

Choice; Nexa Equity | April 27, 2022

Nexa Equity LLC, a private equity firm focused on scaling lower middle market software and fintech businesses, announced today that it has acquired Choice Inc., a leading global payments platform. Additionally, Choice has acquired Direct Payment Consultants, a payments provider that partners directly with merchants. After the acquisition, Choice's platform will process more than $3 billion in annual payments volume across 7,000+ customers in the United States and Canada. The founding teams o...

Cision PR Newswire | August 20, 2020

Swyft Inc., the global leader in unattended retail, today announced the close of additional funding led by Defiance Ventures. Swyft intends to use the funds as working capital to continue to rapidly grow in the US market. We're excited to announce our partnership with Defiance Ventures, said Gower Smith, CEO of Swyft. "The Defiance principals bring relevant experience in building growth SaaS businesses and can help us further implement AI in our platform where it will most benefit our c...

PAYMENTS

Western Union | September 06, 2021

The Western Union Company, a leader in cross-border, cross-currency money movement and payments, has announced that KYODAI Remittance will begin utilizing services from Western Union Business Solutions to fulfill business to business (B2B) cross-border payments for corporate customers. This is the first time Western Union Business Solutions has formed a business alliance with a Japanese money transfer company for the purpose of B2B international payments. The first phase of KYODAI...