Newtek Business Services Acquires Majority Stake in POS on Cloud (Newtek Payment Systems)

Electronic Merchant Systems Acquires PaymentCloud

January 30, 2024

Payments & Fintech

Electronic Merchant Systems (EMS), a Cleveland-based payment technology provider, has acquired Los Angeles-based PaymentCloud. The deal brings PaymentCloud's merchant-focused distribution and marketing capabilities into EMS's infrastructure to scale onboarding, processing and inside sales channels while integrating PaymentCloud leadership into EMS management.

Bluefin Acquires TECS Payment Systems

November 1, 2022

Payments & Fintech

Bluefin, a payments security and encryption provider based in Atlanta, has acquired TECS Payment Systems, an Austria-based omnichannel payments platform provider. The deal combines Bluefin’s PCI-validated encryption and tokenization capabilities with TECS’ smartPOS, gateway and international payments capabilities to expand product functionality and global reach.

myPOS Acquires UTP Group Ltd to Strengthen UK Payments Offering

March 27, 2025

Financial Services

European fintech myPOS has acquired UK-based payment solutions provider UTP Group Ltd to expand its presence and support for SMEs in the UK. UTP, based in Reading and serving more than 52,000 clients, will continue operating without service changes and will gain access to the myPOS platform; myPOS is backed by private equity investor Advent.

KORT Payments Acquires Barnet Technologies

September 12, 2024

Software

KORT Payments, a Toronto-based omnichannel payments platform, has acquired Canadian POS software provider Barnet Technologies to integrate payment processing into Barnet's point-of-sale systems. The deal aims to scale Barnet's technology, create recurring revenue streams and expand KORT's capabilities in regulated verticals such as licensed liquor and cannabis retail.

GreenBox POS Acquires Northeast Merchant Services

May 25, 2021

Payments & Fintech

GreenBox POS (NASDAQ: GBOX) has acquired Northeast Merchant Services for $2.5 million in cash plus a $0.5 million earn-out, adding over 700 retail merchant accounts to GreenBox's payments platform. The deal preserves existing BIN sponsorship by Merrick Bank and continued access to First Data's processing platform, accelerating GreenBox's build-out of a retail merchant portfolio in New England and upstate New York.

Cordance Acquires Secure Retail POS Systems

March 6, 2025

Cloud & SaaS

Cordance has made a strategic acquisition of Secure Retail POS Systems, the provider of the S-TAGS POS solution for second-hand and thrift retailers. The deal expands Cordance's suite of vertically-focused B2B SaaS products for the second-hand retail market and aims to accelerate Secure Retail's growth and product innovation across North America.