Marqeta Acquires Power Finance, Inc.

Marqeta Acquires TransactPay

August 7, 2025

Payments & Fintech

Marqeta has completed its acquisition of TransactPay, a licensed E-Money Institution (EMI) and BIN sponsorship provider operating in the United Kingdom and European Economic Area. The deal strengthens Marqeta’s card program management capabilities in Europe and enables customers to expand into the UK and EU with a more unified, integrated offering.

PROG Holdings Acquires Purchasing Power in $420 Million Cash Deal

January 2, 2026

Payments & Fintech

PROG Holdings, the fintech holding company for Progressive Leasing, Four Technologies and Build, completed its previously announced acquisition of Purchasing Power for $420 million in cash. Purchasing Power becomes a wholly owned subsidiary, expanding PROG’s employer-channel reach via a payroll-integrated voluntary employee benefit platform.

TimePayment Acquires QuickSpark Financial

September 26, 2022

Financial Services

TimePayment, a Boston-based FinTech owned by affiliates of Fortress Investment Group, has acquired QuickSpark Financial, an e-commerce-focused equipment financing firm based in Tempe, Arizona. The deal brings QuickSpark’s vendor integrations, active leases (including those held by Briland Capital and QSE Capital), and its team into a new QuickSpark strategic business unit within TimePayment to expand e-commerce capabilities and market reach.

Atlanticus Acquires Mercury Financial LLC for $162 Million

September 12, 2025

Payments & Fintech

Atlanticus Holdings Corporation has acquired Mercury Financial LLC for approximately $162 million in cash (with potential earn-outs tied to future credit performance), making Mercury a wholly owned subsidiary. The deal adds 1.3 million serviced credit card accounts and $3.2 billion in receivables, expanding Atlanticus' presence in the near-prime credit card market and providing additional technology, distribution partnerships, and scale.

Power Digital Acquires Cardinal Digital Marketing

January 21, 2026

Marketing & Advertising

Power Digital (a tech-enabled growth marketing firm) has acquired Cardinal Digital Marketing to establish a dedicated healthcare division. Cardinal will operate as Power Digital's healthcare division, retaining its leadership and team while leveraging Power Digital's enterprise intelligence and measurement capabilities to scale healthcare-focused marketing services.

Quisitive Acquires BankCard USA

March 29, 2021

Payments & Fintech

Quisitive Technology Solutions Inc. entered into an agreement to acquire BankCard USA Merchant Services, Inc. for US$100 million in cash plus the issuance of 50,000,000 common shares and a potential earn-out of up to US$20 million. BankCard USA, based in Westlake Village, California, processes over US$3.0 billion in payments annually, reported LTM revenue of US$29 million and LTM adjusted EBITDA of US$11 million, and will be integrated into Quisitive's LedgerPay payments platform; the deal is expected to close in Q2 2021 subject to approvals.