Cropping system

SES to Acquire Intelsat in Compelling Transaction Focused on the Future

Retrieved on: 
Tuesday, April 30, 2024

SES S.A. (“SES”) and Intelsat S.A. (“Intelsat”) announce an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l.

Key Points: 
  • SES S.A. (“SES”) and Intelsat S.A. (“Intelsat”) announce an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l.
  • PJT Partners served as financial advisor to Intelsat and rendered a fairness opinion to the Intelsat S.A. Board of Directors.
  • The financial information presented for SES and Intelsat does not apply a consistent set of accounting policies.
  • Pro forma financial information are aggregations of the corresponding SES and Intelsat financial information, adjusted for the elimination of material intra-group transactions.

Thunes announces agreement to acquire Tilia LLC

Retrieved on: 
Tuesday, April 23, 2024

Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers.

Key Points: 
  • Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers.
  • Floris de Kort, CEO of Thunes, says, "The acquisition of Tilia demonstrates our ambition in the United States.
  • It will be business as usual for our people and our customers as we bring Tilia and Thunes together."
  • Subject to regulatory approval, after the acquisition closes, Tilia will be rebranded as Thunes and will remain based in San Francisco.

Thunes announces agreement to acquire Tilia LLC

Retrieved on: 
Tuesday, April 23, 2024

Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers.

Key Points: 
  • Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers.
  • Floris de Kort, CEO of Thunes, says, "The acquisition of Tilia demonstrates our ambition in the United States.
  • It will be business as usual for our people and our customers as we bring Tilia and Thunes together."
  • Subject to regulatory approval, after the acquisition closes, Tilia will be rebranded as Thunes and will remain based in San Francisco.

Delivering Convenience & Ease, Consumer Software Subscription Benchmarks from Recurly Reveal Significant Industry Growth in 2023

Retrieved on: 
Tuesday, March 12, 2024

Recurly, a leading subscription management and billing platform, today announced the release of latest benchmarks for consumer software subscriptions , predicting an optimistic vision of growth in the coming year.

Key Points: 
  • Recurly, a leading subscription management and billing platform, today announced the release of latest benchmarks for consumer software subscriptions , predicting an optimistic vision of growth in the coming year.
  • The consumer software subscription industry is a beacon of resilience in a changing economy, delivering both convenience and ease to consumer lives.
  • Consumers expect personalized experiences and, accelerated by rapid advances in technology, Recurly makes it possible for consumer software subscription businesses to offer targeted, personalized experiences at scale.
  • Consumer software subscriptions could realize a boost in acquisition by refining targeting methods and new channels to climb closer to the industry mean.

Alchemy Pay Invests in UK Fintech LaPay and Secures API License as Part of Global Web3 Expansion

Retrieved on: 
Thursday, March 28, 2024

SINGAPORE, March 28, 2024 /PRNewswire/ -- Alchemy Pay, the leading global Web3 payment solution provider, has revealed its investment in LaPay UK Ltd, a UK-based fintech dedicated to facilitating international business growth for companies.

Key Points: 
  • SINGAPORE, March 28, 2024 /PRNewswire/ -- Alchemy Pay, the leading global Web3 payment solution provider, has revealed its investment in LaPay UK Ltd, a UK-based fintech dedicated to facilitating international business growth for companies.
  • Significantly, LaPay holds an Authorised Payment Institution (API) License in the UK with reference number 914920 and is regulated by the UK Financial Conduct Authority (FCA).
  • Gibbs Lvy, Co-Founder of Alchemy Pay, reflected on the significance of this investment, stating, "LaPay is a fintech company regulated by the FCA, and this investment marks a crucial milestone in our global payment licensing strategy.
  • He emphasized, "Innovative fintech firms like LaPay are reshaping the dynamics between traditional banking, finance, payments, and Web3.

Alchemy Pay Invests in UK Fintech LaPay and Secures API License as Part of Global Web3 Expansion

Retrieved on: 
Thursday, March 28, 2024

SINGAPORE, March 28, 2024 /PRNewswire/ -- Alchemy Pay, the leading global Web3 payment solution provider, has revealed its investment in LaPay UK Ltd, a UK-based fintech dedicated to facilitating international business growth for companies.

Key Points: 
  • SINGAPORE, March 28, 2024 /PRNewswire/ -- Alchemy Pay, the leading global Web3 payment solution provider, has revealed its investment in LaPay UK Ltd, a UK-based fintech dedicated to facilitating international business growth for companies.
  • Significantly, LaPay holds an Authorised Payment Institution (API) License in the UK with reference number 914920 and is regulated by the UK Financial Conduct Authority (FCA).
  • Gibbs Lvy, Co-Founder of Alchemy Pay, reflected on the significance of this investment, stating, "LaPay is a fintech company regulated by the FCA, and this investment marks a crucial milestone in our global payment licensing strategy.
  • He emphasized, "Innovative fintech firms like LaPay are reshaping the dynamics between traditional banking, finance, payments, and Web3.

VoePass Partners with CellPoint Digital to Streamline Payment Reconciliation and Implement Payment Orchestration

Retrieved on: 
Thursday, March 21, 2024

LONDON, March 21, 2024 /PRNewswire/ -- CellPoint Digital, a global pioneer in Payment Orchestration, today announced that it will provide Payment Orchestration and reconciliation solutions to VoePass Linhas Aéreas (VoePass), a leading Brazilian regional carrier. Working with CellPoint Digital will enable VoePass to expand the number of payment methods available to its passengers, streamline the resource-intensive back-end process of payment reconciliation, increase its transaction authorisation rates, improve its customer experience, and position itself for future growth.

Key Points: 
  • Working with CellPoint Digital will enable VoePass to expand the number of payment methods available to its passengers, streamline the resource-intensive back-end process of payment reconciliation, increase its transaction authorisation rates, improve its customer experience, and position itself for future growth.
  • VoePass will utilise CellPoint Digital's Payment Orchestration Platform to centralise all its sales channels, giving the airline more control and visibility into its payment processes.
  • Leveraging CellPoint Digital's Payment Orchestration solutions, reconciliation will be fully automated, paving the way for VoePass to introduce support for the alternative payment methods (APMs) its passengers prefer and implement a multi-acquirer strategy as the airline expands its route network and regional footprint.
  • CellPoint Digital's Payment Orchestration Platform, which VoePass will implement, easily accommodates multiple PSPs and acquirers, routes transactions intelligently to boost acceptance, simplifies and centralises back-end reconciliation, and can integrate various payment methods.

Charles & Keith selects Nuvei to boost international expansion

Retrieved on: 
Tuesday, March 19, 2024

MONTREAL and SINGAPORE, March 19, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has partnered with Charles & Keith, the Singaporean-based fashion house specializing in footwear, handbags and accessories, to optimize the brand's eCommerce payments solution as it continues its rapid global expansion.

Key Points: 
  • Nuvei's smart routing technology is also maximizing Charles & Keith's card payment authorization rates in each region, helping drive increased revenue conversion.
  • Nuvei shares that vision and is empowering us to localize our payments experience in every market through a single integration," commented Charles Wong, Co-Founder and CEO at Charles & Keith.
  • In addition to Nuvei's suite of APMs and optimization features, Charles & Keith highlighted the Company's hands-on service as a key factor in their decision to choose Nuvei.
  • Through its partnership with Nuvei, Charles & Keith plans to further expand its international eCommerce presence, leveraging Nuvei's global reach in over 200 markets covering 150 currencies and APM portfolio.

Category-defining French Airline La Compagnie, Partners with CellPoint Digital for Payment Orchestration Solutions

Retrieved on: 
Thursday, March 14, 2024

LONDON, March 14, 2024 /PRNewswire/ -- CellPoint Digital, the leading provider of payment solutions to the airline industry and a global pioneer of Payment Orchestration, has partnered with La Compagnie, the French airline that has reimagined transatlantic leisure travel, to help the carrier optimise its payment processes, lower its transaction costs and provide more flexible payment options to its passengers.

Key Points: 
  • LONDON, March 14, 2024 /PRNewswire/ -- CellPoint Digital , the leading provider of payment solutions to the airline industry and a global pioneer of Payment Orchestration, has partnered with La Compagnie , the French airline that has reimagined transatlantic leisure travel, to help the carrier optimise its payment processes, lower its transaction costs and provide more flexible payment options to its passengers.
  • As La Compagnie looks to expand its fleet and route network in 2025, it's taking another step in its customer-centric journey by embracing Payment Orchestration in partnership with CellPoint Digital.
  • Partnering with CellPoint Digital makes La Compagnie one of the first global business class-only airlines to have a fully developed payment strategy that includes payment orchestration.
  • For more information about CellPoint Digital and La Compagnie or to schedule an interview with CellPoint Digital CEO Kristian Gjerding, please contact Steven Osei at [email protected].

Category-defining French Airline La Compagnie, Partners with CellPoint Digital for Payment Orchestration Solutions

Retrieved on: 
Thursday, March 14, 2024

LONDON, March 14, 2024 /PRNewswire/ -- CellPoint Digital, the leading provider of payment solutions to the airline industry and a global pioneer of Payment Orchestration, has partnered with La Compagnie, the French airline that has reimagined transatlantic leisure travel, to help the carrier optimise its payment processes, lower its transaction costs and provide more flexible payment options to its passengers.

Key Points: 
  • LONDON, March 14, 2024 /PRNewswire/ -- CellPoint Digital , the leading provider of payment solutions to the airline industry and a global pioneer of Payment Orchestration, has partnered with La Compagnie , the French airline that has reimagined transatlantic leisure travel, to help the carrier optimise its payment processes, lower its transaction costs and provide more flexible payment options to its passengers.
  • As La Compagnie looks to expand its fleet and route network in 2025, it's taking another step in its customer-centric journey by embracing Payment Orchestration in partnership with CellPoint Digital.
  • Partnering with CellPoint Digital makes La Compagnie one of the first global business class-only airlines to have a fully developed payment strategy that includes payment orchestration.
  • For more information about CellPoint Digital and La Compagnie or to schedule an interview with CellPoint Digital CEO Kristian Gjerding, please contact Steven Osei at [email protected].