Prepaid Technologies Acquires dash Purchasing Card Portfolio from Karmic Labs

Citi to Acquire Kard Financial (Agreed Acquisition)

August 14, 2026

Payments & Fintech

Citi has agreed to acquire Kard Financial to enhance customer engagement, rewards, and commerce media capabilities. The acquisition will integrate Citi’s payments infrastructure and cardholder base with Kard’s verified transaction data and machine learning personalization that helps merchants and brands deliver purchase-intent offers.

Citi to Acquire Kard Financial to Expand Commerce Media and Rewards Capabilities

August 13, 2026

Payments & Fintech

Citi’s U.S. Consumer Cards business entered into an agreement to acquire Kard Financial, Inc., which operates a commerce media and rewards platform for banks and fintechs. The proposed acquisition is intended to strengthen Citi’s commerce ecosystem by combining Citi’s scale and payments expertise with Kard’s AI-driven personalization and merchant-funded rewards network.

Karma Wallet Acquires DoneGood

April 15, 2024

E-Commerce

Karma Wallet, a Raleigh-based fintech focused on sustainable consumer spending, has acquired DoneGood, an ethical e-commerce marketplace featuring 100+ vetted brands. The acquisition will integrate DoneGood's marketplace and merchant network into Karma Wallet's membership, data platform and upcoming prepaid card to offer members cashback, free shipping and sustainability ratings tied to their purchases.

DaySmart Software Acquires Dash Platform

July 7, 2021

Software

DaySmart Software has acquired Dash Platform, a Bellevue/Seattle-based provider of sports facility and recreation management SaaS, to expand its vertically-tailored business management and payments solutions into sports, parks and recreation, and fitness markets. Dash Platform serves more than 425 locations across the U.S. and Canada and its Dash Member mobile app is used by millions; DaySmart said the acquisition will accelerate product development and customer success for these new verticals.

ION Group Acquires DASH Financial Technologies

June 2, 2021

Financial Services

ION Group has acquired DASH Financial Technologies from Flexpoint Ford, adding DASH's options technology and execution capabilities to the ION Markets division. The deal, which closed following regulatory approvals, expands ION's trading automation and execution offerings for buy-side and sell-side clients.

Pivotal Payments Acquires Merchant Portfolio from American National Payments

March 31, 2011

Payments & Fintech

Pivotal Payments completed the acquisition of a merchant portfolio from American National Payments, adding over 2,000 merchants and approximately $300 million in annual bankcard volume. The deal also brings an established ISO sales partner into Pivotal's channel, supporting the company's continued North American expansion of merchant services.