M&A Deal Summary |
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|---|---|
| Date | 2025-02-11 |
| Target | Paysafe - Direct Marketing Payment Processing Business Line |
| Sector | Information Technology |
| Buyer(s) | KORT Payments |
| Sellers(s) | Paysafe |
| Deal Type | Divestiture |
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KORT Payments is a specialized omnichannel payments platform. KORT's core purpose is enabling businesses to connect and transact seamlessly through industry-leading compliance, risk management, and payment processing capabilities. KORT Payments is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-12 |
Barnet Technologies
Richmond Hill, Ontario, Canada Barnet Technologies is a software development company that specializes in providing point-of-sale (POS) and enterprise management solutions tailored for the retail and wholesale industries. Barnet Technologies is based in Richmond Hill, Canada. |
Buy | - |
| Category | Company |
|---|---|
| Sector | Financial Services |
| Employees | 3,000 |
| Revenue | 1.7B USD (2024) |
Paysafe is an integrated payments platform that enables businesses and consumers to connect and transact seamlessly through capabilities in payment processing, digital wallet, and online cash solutions. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics, and the convergence between brick-and-mortar and online payments.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-22 |
viafintech
Berlin, Germany viafintech integrates with digital banking apps to offer an innovative “mobile ATM” concept which enables consumers to make deposits, transfers or withdraw cash from their digital bank accounts at a nearby retail store using a barcode. The company's solutions are also used widely for bill payments and credit payouts, as well as for online shopping in general, supporting millions of consumers in the region who don’t have bank accounts, or who simply prefer the heightened security of using eCash to pay online. viafintech was formed in 2011 and is based in Berlin, Germany. |
Buy | - |