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Payroc Combines With NXGEN, Payscape, BluePay Canada To Serve 46 Countries

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The operation will carry an enhanced, innovative Payroc brand, offering full-service global merchant acquirer services and payments processing in 46 countries. Private equity firm Parthenon Capital sponsored the merger. “We NXGEN and Payscape merged in May in a deal also backed by Parthenon Capital.

Illinois 100
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FinTech Cloud Technology Fuels Banking Innovation

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Fusion Payments To Go offers “best-practice” features and operating rules for supported settlement and clearing functions, in addition to standard integration with outside applications, according to the announcement. Alacriti, a FinTech that was started in 2003, works with banks and other customers on making the migration to digital payments.

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KKR To Acquire German Digital Payments Firm Heidelpay

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AnaCap had the upper hand against rival Nordic Capital and EQT from Sweden. Founded in 2003, Heidelpay enables its clients to accept online and mobile payments and is used by more than 30,000 merchants, including companies such as L’Oréal. Worldline and Nets also lost out, according to people briefed on the transaction, FT said.

Payments 136
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eBay Snags Former Amazon Alexa Executive

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Before his work at Amazon, he was chief operating officer of TiVo and held executive roles at Microsoft, T-Mobile, Ericsson and Sonos. Rawashdeh had technology leadership roles with eBay from 2003 to 2011 before heading over to Twitter to serve as vice president of infrastructure operation engineering at Twitter.

San Jose 128
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Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

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This kind of small business is a dying breed: recent stats from the RUPRI Center for Rural Health Policy Analysis at the University of Iowa found more than 16 percent of independent pharmacies shuttered their doors between March 2003 and March 2018, according to Washington Post reports. But these business owners need capital to expand.

Capital 130
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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

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It now operates in 18 countries in Latin America. It launched as the eCommerce industry took off in 2003, and has seen a surge in usage with the pandemic. ” Mercado Pago has also capitalized on mobile payments by launching mPOS capabilities and a mobile wallet. Therein lies the value proposition for Mercado Pago.

America 248
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New England Confectionery Co. Sells For $18.8M At Auction

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Spangler was among two other bidders: Round Hill Capital LLC and Gordon Brothers. Necco had moved its operations to a large 50-acre site after leaving its longtime plant just outside Boston in 2003. McGee — along the company’s executive team — are planning to stay onboard until the end of July. Bidding opened at $15.25

Boston 100