Clearent to merge with TSG to create $3bn payment firm

US-based credit card processing company Clearent has signed a definitive agreement to merge its operations with Transaction Services Group (TSG), which provides software and integrated payments solutions for education, health…

Givex acquires Switzerland-based Pi Cash Systeme

Givex, a cloud-based customer engagement solution provider, has announced the acquisition of Pi Cash Systeme, a Switzerland-based provider of point of sale systems, automatic coin changers and badge loading terminals.…

Paytech Promise secures over $20m in fresh capital

Payment technology platform Promise has received over $20m in new Series A investment round led by Kapor Capital and XYZ. The round also involved the participation of Bronze, First Round, Y Combinator, among…