Tag: PayTech News North America
Paylocity to acquire spend management platform Airbase for $325m
Acquisition Deal: Paylocity has agreed to acquire Airbase, a spend management platform, for $325 million.
Funding: The deal will be funded through Paylocity’s...
Apple set to open up access to NFC tech to third-party app developers
Apple Opens NFC Technology: Apple announced that starting with iOS 18.1, third-party app developers in select countries will gain access to its NFC...
Stripe buys US paytech start-up Lemon Squeezy
Stripe Acquires Lemon Squeezy
Key Points:Acquisition Overview:Acquirer: Stripe.
Target: Lemon Squeezy, a US-based payments platform start-up.
Acquisition Date: Announced recently, exact date undisclosed.
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CFPB proposes new rule to include payday advances under Truth in Lending Act
Key Points:Proposed Rule:Payday loan advances would be brought under the same scope as consumer loans.
Fees associated with accessing earned wages early...
US fintech start-up Rainforest lands $20m Series A led by Matrix Partners
Rainforest Secures $20 Million Series A Funding: Key PointsFunding and Investors:Rainforest, a Payments-as-a-Service (PaaS) provider, secured $20 million in Series A funding.
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Frost Bank in Texas taps Finzly for instant payments
Frost Bank Partners with Finzly for Instant Payments: Key PointsPartnership Announcement:Frost Bank has chosen fintech company Finzly to implement instant payment capabilities...