Tagged: payment services

San Francisco-based Payments Firm SpotOn Transact Secures $50 Million via Series B Round from 01 Advisors, Others

San Francisco-headquartered SpotOn Transact, Inc, a payment processing service for small companies, has secured $50 million in funding through a Series B investment round. 01 Advisors, an investment and advisory company established by former Twitter CEO Dick Costolo, took part in SpotOn’s latest investment round…. Read More

PayPal Receives Approval to Provide Online Payment Services in China

Payments platform giant PayPal announced earlier this week it has received approval from The People’s Bank of China to acquire 70% equity interest in Guofubao Information Technology Co. (GoPay), Ltd., a holder of a payment business license in China. This will allow PayPal to provide… Read More

NovaCap’s Portfolio Company Nuvei Acquires SafeCharge For $889 Million

Novacap, a Canada-based private equity firm, announced on Wednesday its portfolio company and payments tech platform Nuvei has acquired payment services SafeCharge International Group Limited for $889  million. According to Novacap, the acquisition creates a global leading payment solutions provider with significant scale, able to… Read More

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