Worldpay changes ownership for the 6th time after the announced spin-off from FIS. Volker Schloenvoigt (Director, EDC London) is looking at the reasons behind that latest transaction
The Canadian technology firm Nuvei has entered definitive agreement to acquire Paya, a U.S. leading provider of integrated payment solutions. This acquisition is expected to create a comprehensive suite of payment solutions and services, adding value to Nuvei's existing offerings to merchants and clients. In particular, it is expected that Nuvei will leverage Paya's existing infrastructure, clients, and technology to grow its capabilities in the integrated payment software as well as the B2B payments markets.
Leading financial services provider that enables local and cross-border payments
In this month’s M&A update, Euan Jones (Business Analyst, London) looked at the near-final $1.7bn acquisition of BillTrust. In contrast to 2022’s downturn in payment company valuations and investing activity, the BillTrust deal is another example that meaningful and notable acquisitions are still happening.
A mid-sized investment firm, operating out of the UK, identified an opportunity in the payments sector in Africa.