Mollie To Acquire GoCardless

Acorns Acquires GoHenry and Pixpay

April 3, 2023

Payments & Fintech

Acorns has acquired U.K.-based GoHenry and its European arm Pixpay to expand its financial wellness offerings to children and teens and accelerate its roadmap for family-focused products. The deal brings together Acorns' consumer investing platform with GoHenry and Pixpay's money-management, prepaid card and financial education products, extending Acorns' reach into additional markets across Europe and the U.S.

CardWorks and Merrick Bank to Acquire Ally’s Credit Card Business

January 22, 2025

Financial Services

Ally Financial and CardWorks announced they have entered into a definitive agreement under which CardWorks (and its wholly-owned bank subsidiary, Merrick Bank) will acquire Ally’s credit card business. The transaction includes a $2.3 billion portfolio of credit card receivables and 1.3 million active cardholders, and is expected to close in 2025 subject to customary conditions.

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.

Xero to Acquire Melio to Accelerate Global Growth

June 24, 2025

Payments & Fintech

Xero Limited has entered into a binding agreement to acquire 100% of Melio Limited and its associated entities. The deal combines Xero’s accounting capabilities with Melio’s US SMB bill pay and accounts payable/receivable workflows to expand Xero’s North America scale and accelerate its 3x3 strategy.

EQT Growth Invests in Mollie in $800M Series C

June 22, 2021

Payments & Fintech

EQT Growth (via EQT AB) has invested in Mollie as part of the company’s $800 million Series C financing that values the Amsterdam-based payments provider at about $6.5 billion. The growth investment will support Mollie’s continued product and engineering investment and accelerate its geographic expansion across Europe as it scales its payments platform for SMEs and e-commerce merchants.

Bill.com Acquires Invoice2go

July 19, 2021

Cloud & SaaS

Bill.com has signed a definitive agreement to acquire Invoice2go in a stock-and-cash transaction valued at approximately $625 million. The acquisition expands Bill.com's accounts receivable and mobile invoicing capabilities, combining Invoice2go's mobile-first AR product and international customer base with Bill.com's payments and platform reach.