Paystand Acquires Bitwage

Paystand Acquires Teampay

April 25, 2024

Payments & Fintech

Paystand has acquired Teampay to combine blockchain-enabled B2B payments with Teampay's spend and expense management platform, creating a no-fee, end-to-end payments and spend management suite for CFOs. The combined network will serve more than 1 million businesses and expand Paystand's AR capabilities into AP and corporate expense controls; financial terms were not disclosed.

Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion

October 20, 2024

Payments & Fintech

Stripe has acquired stablecoin payments platform Bridge for $1.1 billion, marking the largest acquisition in both Stripe's history and the crypto industry. Bridge provides APIs and software that enable businesses to accept stablecoin payments; the deal accelerates Stripe's push into crypto-backed payment rails and stablecoin support.

Paystand Acquires Yaydoo to Create a Global B2B AR/AP Payments Network

August 3, 2022

Payments & Fintech

Paystand, a U.S.-based blockchain-enabled B2B payments provider, has acquired Mexico-based Yaydoo, a leader in accounts payable, spend management, and cash-flow solutions in LATAM. The combined company will integrate AR and AP capabilities to create a single commercial blockchain-based B2B payments network across the Americas, expand market reach in the U.S. and LATAM, and aims to scale toward an IPO.

Cornerstone Global Management Acquires Paydrop

March 28, 2022

Payments & Fintech

Cornerstone Global Management, Inc. has acquired Paydrop in a cash-and-stock transaction, integrating Paydrop’s leadership and payment capabilities into Cornerstone’s Hedge payroll-to-crypto conversion platform. The deal expands Cornerstone’s ability to offer crypto and blended fiat/crypto payment services to freelancers, gig workers and traditional employers across the United States.

Paystone Acquires NiceJob

October 13, 2021

Marketing & Advertising

Paystone, a North American payments and software company, has acquired NiceJob, a Vancouver-based reputation marketing platform for service businesses. NiceJob founder and CEO Lars Kristensen joins Paystone as Chief Product Officer as the deal expands Paystone's marketing and reputation-management capabilities and strengthens its platform for local service SMBs.

Banc of California Acquires Deepstack Payments Platform from Global Payroll Gateway

September 15, 2022

Payments & Fintech

Banc of California acquired the payments platform and technology assets of Global Payroll Gateway, Inc. and its subsidiary Deepstack Technologies for $24 million in cash and stock. The acquisition, which brings Deepstack's team (11 employees) and IP into Banc of California, expands the bank's payments capabilities and aims to grow fee-based, non-interest income.