Coda Acquires Recharge, Europe’s Prepaid Payments Platform

Recharge Acquires Giftcloud from Groupon

April 15, 2025

Payments & Fintech

Recharge, the European prepaid payments platform, has acquired UK-based digital rewards provider Giftcloud Limited from Groupon to accelerate its expansion into the B2B rewards and corporate prepaid market. The deal adds a profitable, scalable platform (serving clients such as Vodafone, Sky and TalkTalk) and follows Recharge's €45M acquisition facility with ABN AMRO to support international M&A.

ReCharge Raises $277M Growth Round from Summit Partners, ICONIQ Growth and Bain Capital Ventures

May 6, 2021

Cloud & SaaS

ReCharge, a Santa Monica-based subscription management platform for e-commerce, raised $277 million in growth capital from Summit Partners, ICONIQ Growth and Bain Capital Ventures. The funding will be used to accelerate hiring, product development and market expansion as ReCharge scales its subscription billing and retention products for thousands of merchants.

billwerk and PSG Combine with Reepay to Create Pan-European Subscription and Payments Platform

November 2, 2021

Cloud & SaaS

PSG-backed billwerk has combined with Copenhagen-based Reepay in a transaction that brings Reepay’s payments and subscription gateway together with billwerk’s subscription management software. PSG will hold a majority stake in the combined group, which aims to become a pan‑European leader serving webshops and subscription businesses across the Nordics and DACH regions.

Presidio Acquires Coda Global

August 6, 2020

IT Services

Presidio, a North American IT solutions provider, has acquired Coda Global to strengthen its cloud consulting and cloud-native application capabilities. The deal brings Coda's expertise in cloud migration, DevOps, big data enablement and machine learning into Presidio's broader cloud, security and digital infrastructure portfolio to accelerate clients' cloud-native transformations.

REPAY Acquires CPS Payment Services

October 27, 2020

Payments & Fintech

REPAY Holdings Corporation agreed to acquire Atlanta-based CPS Payment Services for up to $93 million, with $78 million paid at closing and up to $15 million in earnouts. The acquisition expands REPAY's B2B payments and accounts-payable automation capabilities and brings CPS's enterprise client base and ERP-integrated AP automation technology into REPAY's product suite.

Ramp Acquires Billhop to Expand Access for UK and European Customers

March 13, 2026

Payments & Fintech

Ramp, a financial operations platform, announced it has acquired Billhop, a Stockholm- and London-based licensed payments infrastructure platform. The deal is intended to strengthen Ramp’s ability to support customers operating across the UK and Europe, including by opening Ramp’s first international offices in London and Stockholm and onboarding UK/EU-headquartered businesses directly this summer.