Recharge Acquires Giftcloud from Groupon

Coda Acquires Recharge, Europe’s Prepaid Payments Platform

July 17, 2025

Payments & Fintech

Coda, a Singapore-based digital content monetization and distribution company, has signed an agreement to acquire Recharge, Europe’s leading prepaid payments platform. The deal is expected to expand Coda’s B2C presence in Europe and deepen its prepaid payments and direct-to-consumer capabilities.

ReCharge Raises $277M Growth Round from Summit Partners, ICONIQ Growth and Bain Capital Ventures

May 6, 2021

Cloud & SaaS

ReCharge, a Santa Monica-based subscription management platform for e-commerce, raised $277 million in growth capital from Summit Partners, ICONIQ Growth and Bain Capital Ventures. The funding will be used to accelerate hiring, product development and market expansion as ReCharge scales its subscription billing and retention products for thousands of merchants.

Visa Inc. Acquires Currencycloud

July 22, 2021

Payments & Fintech

Visa Inc. completed the acquisition of Currencycloud, a London-based cloud payments and FX API platform, to strengthen Visa's foreign-exchange and cross-border payments capabilities. Currencycloud will continue to operate from its London headquarters and serve banks, fintechs and businesses globally; the deal builds on an existing strategic partnership between the two companies.

Mollie To Acquire GoCardless

December 14, 2025

Payments & Fintech

Mollie has signed an agreement to acquire bank payments company GoCardless to create a unified European payments and bank payment platform. The combined platform will combine card payments, local payment methods, and bank payments under a single provider and is expected to be finalized in mid-2026, subject to regulatory approvals.

Electronic Merchant Systems Acquires PaymentCloud

January 30, 2024

Payments & Fintech

Electronic Merchant Systems (EMS), a Cleveland-based payment technology provider, has acquired Los Angeles-based PaymentCloud. The deal brings PaymentCloud's merchant-focused distribution and marketing capabilities into EMS's infrastructure to scale onboarding, processing and inside sales channels while integrating PaymentCloud leadership into EMS management.

Edenred Acquires Reward Gateway

May 16, 2023

Cloud & SaaS

Edenred has agreed to acquire 100% of Reward Gateway from funds managed by Abry Partners and Castik Capital for £1.15bn, valuing the employee engagement SaaS at ~20x EV/EBITDA (2023e). The acquisition expands Edenred’s employee benefits and engagement capabilities and extends Reward Gateway’s footprint in the UK, Australia and the US; Reward Gateway is expected to be consolidated immediately on closing and the deal is financed by debt and cash.