Post Tagged with: "acquisitions"

MasterCard Beefs Up Its Fintech Acquisitions

MasterCard Beefs Up Its Fintech Acquisitions

by July 29, 2015 at 6:15 pm 8 comments

You certainly can’t accuse MasterCard of ignoring FinTech innovators. In addition to running hackathons with startups all over the globe — the next one is in Mexico City this weekend — MasterCard is acquiring companies left and right. CEO Ajay Banga described what the company is looking for in the M&A spaceRead More

MicroStrategy Is Sitting on $500 Million

MicroStrategy Is Sitting on $500 Million

by July 28, 2015 at 12:06 pm 0 comments

MicroStrategy, the industry technology provider, is now sitting on close to $500 million of cash. The company disclosed the cash hoard in its earnings release yesterday. Company officials said the cash will be used when/if MicroStrategy stock [ticker: MSTR] becomes undervalued. MSTR has climbed about 13% in value so far thisRead More

ProfitStars Hungry for More Acquisitions

ProfitStars Hungry for More Acquisitions

by October 12, 2012 at 9:57 am 0 comments

WASHINGTON, DC–ProfitStars, which has confederated a slate of acquisitions into a roster of payments, risk management and security tools and services for banks, plans to continue to grow through acquisitions, David Foss, the company’s president, told Bank Innovation Wednesday. “We haven’t done one in two years,” Foss said of M&ARead More

Acquisition Pushes Cardtronics ATM Fleet to +61,000 Machines

Acquisition Pushes Cardtronics ATM Fleet to +61,000 Machines

by August 8, 2012 at 1:00 pm 1 comment

Chances are that ATM you just tapped at the local convenience store for $100 was owned by Cardtronics USA Inc. The Houston-based retail ATM operator and owner, a subsidiary of Cardtronics Inc., has massively increased its ATM fleet by acquiring all assets of ATM Networks Inc. ATM Network provides machinesRead More

MoneyDesktop Acquires Mobile PFM Vendor MoneyReef

by August 3, 2012 at 9:38 am 0 comments

MoneyDesktop Inc, a PFM provider that caters to credit unions and regional banks, has acquired MoneyReef, a mobile PFM provider. Terms of the transaction weren’t disclosed. The purchase lets the Provo, Utah-based company grow out its mobile initiatives. “Increasing our clients’ loan volume has always been our top priority andRead More