Payment Alliance International Acquires Cash-N-Go ATMs

Payment Alliance International, Inc. (PAI), the U.S. leader in ATM portfolio management tools and services, announced today that it has acquired the Cash-N-Go ATM portfolio of Cash N Go ATM Network Inc., a subsidiary of Perativ Inc. The acquisition adds nearly 400 ATMs, increasing PAI’s nationwide network to more than 90,000 ATMs. Financial terms of the transaction were not disclosed. “We are laser-focused on our SaaS-based global cash distribution network and Canadian Access Cash ATM operations,” said...

Jason Green Joins Famous Payments Platform BlueSnap

BlueSnap, the All-in-One Payment Platform listed in the Inc. 5000, today announced the expansion of its management team, appointing Jason Green to lead the company’s global sales organization.   With BlueSnap experiencing accelerated growth in new verticals and geographies, Green will be responsible for BlueSnap’s Global Sales Team and oversee the sales and business efforts to support the company’s next phase of growth and its expanding go-to-market plans. Green brings over 20 years of sales leadership in the payments...

Payments firms Greensill assists pharmacies in England

Thousands of pharmacies are to be offered material financial assistance thanks to a groundbreaking advanced payment system developed by Greensill, Britain’s leading fintech provider of working capital finance, and NHS Business Service Authority (NHSBSA). Greensill is using state of the art technologies and data analytics to forecast the value of prescriptions to be filled by a pharmacy, enabling payment a month in advance of the medicines being dispensed.  This will allow pharmacies to pay for medicines instantly...

WEX Announces a $400 Million Investment From Warburg Pincus and Amendment to the Credit Agreement

WEX Inc, a leading financial technology service provider, announced today it has agreed to a $400 million dollar investment from an affiliate of Warburg Pincus LLC (together with its affiliate, “Warburg Pincus”) which includes convertible notes in an aggregate principal amount of $310 million and $90 million in common stock through a private placement (the “Private Placement”). The Private Placement is subject to customary closing conditions and is expected to close in the next several...

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