Remitly to Acquire Rewire to Expand Complementary Geographies

WorldRemit Acquires Sendwave

August 25, 2020

Payments & Fintech

WorldRemit has agreed to acquire Sendwave in a cash-and-stock transaction expected to close in Q4 2020, subject to regulatory approvals. Sendwave will continue to operate independently under its existing brand and management, and the deal expands WorldRemit's reach across Africa and into Bangladesh, creating a larger digital remittances platform.

ActiveFence Acquires Rewire

March 8, 2023

Cybersecurity

ActiveFence has acquired London-based Rewire, a startup that builds AI models for detecting harmful text-based content, to strengthen ActiveFence's trust & safety AI capabilities. The acquisition brings Rewire's state-of-the-art text models and adversarial data generation techniques into ActiveFence's content-detection platform to improve real-time moderation at scale.

Retail Lockbox Acquires eRemitt

January 24, 2024

Payments & Fintech

Seattle-based Retail Lockbox has acquired Houston-based remittance and document processing provider eRemitt. The deal expands Retail Lockbox's geographic footprint and client relationships in the remittance/payments space while combining complementary lockbox and document-management capabilities.

Bolt to Acquire Wyre (Wyre Acquisition by Bolt)

April 7, 2022

Payments & Fintech

Ether Capital’s portfolio company Wyre, Inc. has entered into an agreement to be acquired by Bolt, a checkout and shopper network company. The transaction is expected to close before the end of 2022, subject to regulatory approvals and customary closing conditions.

Affirm Holdings Acquires Returnly

April 21, 2021

Payments & Fintech

Affirm Holdings, Inc. announced a definitive agreement to acquire Returnly for approximately $300 million in cash and equity. The acquisition brings Returnly's post-purchase payments and digital returns platform (serving >1,800 merchants and 8+ million shoppers) into Affirm to expand its merchant payment offerings and improve post-purchase experiences.

Interopay Acquires Rewardworks

June 7, 2023

Payments & Fintech

Interopay Inc., a Portland-based B2B payment automation company, has acquired Rewardworks, a long-time accounts-payable/payment automation software provider. The deal — executed by Interopay (formed by Rewardworks management and investors) — will integrate Rewardworks' operations into Interopay to accelerate product development, expand customer reach, and enhance ERP-integrated payment solutions for mid-market customers.