Goldman Sachs-backed payments startup Marqeta prepares for IPO

    Reuters Marqeta Inc, the U.S. payment card issuing start-up whose investors include Goldman Sachs Group Inc, is seeking to hire investment banks to advise on a potential initial public offering (IPO), according to people familiar »

    No comment 10.07.20

    Marqeta Eyes IPO, Doubles Valuation in May to $4.3B

    Click here to view NewsFilter. The post Marqeta Eyes IPO, Doubles Valuation in May to $4.3B appeared first on The Strawhecker Group. »

    What is My Multiple? Finding Clarity in the Chaos of Merchant Portfolio Deals

    Determining the true value and multiple of a merchant portfolio is not a simple task, especially in a world filled with such uncertainty. COVID-19 has had a direct impact on valuations and multiples, from both buyer’s »

    No comment 08.07.20

    MercadoLibre Tops $50 Billion in Value Amid E-Commerce Boost

    Bloomberg Shares of Latin America’s largest e-commerce marketplace MercadoLibre Inc. climbed above $1,000 for the first time as online sales surge in the region amid the coronavirus pandemic. Up 78% this year, MercadoLibre has benefited »

    No comment 06.07.20

    European Banks Look to Take on V/MA

    Click here to view NewsFilter. The post European Banks Look to Take on V/MA appeared first on The Strawhecker Group. »

    No comment 02.07.20

    Wix Launches Extended eCommerce Solution

    Wix The new Wix eCommerce solution provides merchants, entrepreneurs and retail brands of all sizes must-have features like customizable branded storefronts and carts, multi-channel sales, hassle-free dropshipping, native payment processing at competitive rates with Wix Payments, professional analytics and »

    No comment 01.07.20

    SMBs in a Pandemic World: The Race to Reopen

    The Strawhecker Group (TSG), in collaboration with the Electronic Transactions Association (ETA), is pleased to share findings from a recently conducted survey of small to medium sized businesses (SMBs) in the U.S. market. This is »

    TSG in The Wall Street Journal: Casinos Consider Cashless Gambling to Fight Coronavirus

    The Nevada Gaming Commission, which oversees casinos, on Thursday approved rule changes that clear the way for wider use of cashless wagering in casinos. The American Gaming Association, an industry trade group, this month gave »

    No comment 29.06.20

    TransactionWatch – Week of June 22nd – June 26th

    Click here to read TransactionWatch | Subscribe to TransactionWatch This Week’s M&A Overview The ongoing battle between Mastercard and Visa continued to take shape this week with Mastercard’s announcement to acquire Finicity for a total consideration of $985 »

    No comment 26.06.20

    Paysafe’s U.S. Acquiring Division Appoints CEO

    Click here to view NewsFilter. The post Paysafe’s U.S. Acquiring Division Appoints CEO appeared first on The Strawhecker Group. »

    Newest Payments Industry Primers Now Available

    TSG has released its newest Payments Industry 101, 201 and 301 eReports. Providing a comprehensive understanding of the payments industry, TSG’s primers give readers the necessary tools to educate new hires, or serve as a »

    No comment 23.06.20

    Square, Jack Dorsey’s Pay Service, Is Withholding Money Merchants Say They Need

    The New York Times Thousands of small enterprises that use Square to process their credit card transactions — including plumbers, legal consultants and construction firms — have complained that the company recently began holding back »

    Checkout.com triples valuation to $5.5 billion, making it one of Europe’s top fintechs

    CNBC Online payments start-up Checkout.com has raised $150 million in funding at a $5.5 billion valuation — nearly three times what it was worth when it last raised cash. Founded in 2012, the London-based company »

    No comment 22.06.20

    TransactionWatch – Week of June 15th – June 19th

    Click here to read TransactionWatch | Subscribe to TransactionWatch This Week’s M&A Overview M&A activity within the payments ecosystem is showing signs of improvement as several new deals were announced this past week. As the global economy continues »

    No comment 20.06.20

    Wirecard’s Missing Billions, CEO Resigns

    Click here to view NewsFilter. The post Wirecard’s Missing Billions, CEO Resigns appeared first on The Strawhecker Group. »

    No comment 19.06.20

    TSG Commentary: COVID-19 – What a Difference Eight Weeks Makes

    What we’ve heard from merchant acquirers (and it seems to be positive…) By Kurt Strawhecker In early April, TSG published commentary on the impact of the COVID-19 crisis on merchant acquirers. Two months ago, we »

    No comment 17.06.20

    COVID-19 Resources Round-Up

    Over the last three months TSG has released a variety of COVID-19 content to highlight the impact to the payments industry. See below for a collection of resources from articles to infographics. Feel free to »

    No comment 16.06.20

    TransactionWatch – Week of June 8th – June 12th

    Click here to read TransactionWatch | Subscribe to TransactionWatch This Week’s M&A Overview As consumer and merchant behaviors continue to shift due to the COVID-19 impact, payment entities are seeking opportunities that will enhance their digital footprint. Market »

    No comment 12.06.20

    iBanFirst raises $23.8 million for its borderless financial services

    TechCrunch iBanFirst lets you pay suppliers and get paid by clients all around the world in dozens of currencies. The French startup has raised a $23.8 million (€21 million) Series C round from Elaia and Bpifrance’s »

    Confessions of a SMB During COVID-19: Swimtastic (MCC 7299)

    The Confessions of a SMB series focuses on the stories, struggles, and successes of small and medium businesses (SMBs) as they attempt to navigate the current economic climate. As 70% of merchant acquiring net revenue »

    No comment 11.06.20