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April 11, 2022

On the web

ClassPass owner targets listing as in-person fitness rebounds

FT

“Mindbody, the fitness and wellbeing tech platform that owns exercise subscription service ClassPass, plans to go public as demand for in-person workouts grows following pandemic shutdowns. A flotation would mark a return to the public markets after just four years away from the Nasdaq for California-based Mindbody, which was taken private by Vista Equity Partners in 2019 in a deal that valued the company at $1.9bn.”

March 30, 2022

On the wires

December 14, 2021

On the wires

Built Technologies Introduces the Future of Construction Payments: Built Pay

Built Technologies , the fastest growing construction finance platform in the U.S., today announced Built Pay , which eliminates common pain points associated with making and receiving construction payments. Built Pay is a digital payment solution that is purpose built to simplify construction payment processes and provide payors and payees the flexibility to choose the payment method that is right for their situation. The product was developed in partnership with Melio, a leading B2B payments company, and is available immediately to current Built customers using its Lien Waiver Management and Compliance products at no additional subscription cost.”

December 6, 2021

On the wires

Cedar Partners With Athenahealth’s Marketplace Program to Bring Personalized, Digital-First Financial Experience to Patients

Cedar , a market-leading healthcare financial technology platform, today announced a partnership with athenahealth , Inc. through the company’s Marketplace program. As part of the athenahealth® Marketplace , Cedar Pay is now available to athenahealth’s growing network of healthcare providers, enabling them to help patients more effectively navigate their post-care financial journey through personalized, consumer-friendly experiences.”

November 22, 2021

On the wires

Chargezoom Announces Payment Integration With FreshBooks

Chargezoom , a leading platform for billing and integrated payments, today announces an integration with FreshBooks accounting software. As the first two-way integrated payment platform for FreshBooks, users who select Chargezoom as their payment integration tool will benefit from freedom to choose virtually any payment processor with a seamless integration, including popular platforms such as Stripe, PayPal, and Square. Chargezoom’s platform boosts a merchant’s ability to build time-saving automations and immediate payment reconciliations to relieve budens from accounting staff.”

October 27, 2021

On the web

Clio Unveils Payments Tech for Lawyers Developed In-house

Reuters

“Cloud-based legal tech provider Clio has built a new online payments platform to streamline the fee collection process for law firms, the company said on Tuesday. Clio, a Vancouver, Canada-based legal practice management software provider that recently reached “unicorn” status , previously offered a payments option through a partnership with a third party. Clio developed the new system in-house in order to better integrate payments into the company’s platform, according to CEO Jack Newton.”

October 14, 2021

On the web

Mindbody Acquires ClassPass in All-stock Deal and Secures $500 Million Investment

TechCrunch

ClassPass , the subscription-based fitness marketplace most recently valued at $1 billion, is today announcing that it has been acquired by Mindbody. Mindbody is a bit like the OpenTable of the fitness world. Its booking software is used by studios, gyms and other experience-based service providers — the company recently signed a global agreement with Blo blowdry bar, for example — for customers and organizations to book their appointments, classes, etc. ClassPass helps fill classes, while Mindbody provides the software that helps fitness centers run their business.”

May 5, 2021

On the web

ClassPass and Vista-Backed Mindbody Hold Merger Talks

Bloomberg

ClassPass and Mindbody Inc., providers of technology to fitness companies across the globe, have held merger talks, according to people with knowledge of the matter…New York-based ClassPass is a subscription-based business that gives users the ability to book workouts at fitness studios and other locales, as well as services such as massages and manicures…San Luis Obispo, California-based Mindbody, which makes software used by gyms, fitness studios, salons and spas, was the target of a $1.9 billion leveraged buyout by Vista that closed in February 2019. The company went public in 2015.”

October 6, 2020

On the wires

Agilysys & Shift4 Payments Renew Partnership Providing Integrated Hospitality Commerce Solutions

Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of next-generation hospitality software solutions and services, and Shift4 Payments (NYSE: FOUR), the leader in integrated payment processing, announced today an extension of their long-standing partnership to better enable a seamless guest journey for hospitality operators while increasing the market presence of both companies.”

September 4, 2020

On the wires

MRI Software Enters Into Definitive Agreement to Acquire RentPayment™ Business From Priority Technology Holdings, Inc.

“MRI Software (“MRI”), a global leader in real estate software solutions, and Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority”), a leading provider of merchant acquiring, integrated payment software and commercial payment solutions, have entered into a strategic agreement in real estate payments. Under the terms of the agreement, MRI will acquire Priority’s RentPayment business, which is comprised of the RentPayment.com™, StorageRentPayment.com™ and DuesPayment.com™ real estate payment brands. Going forward, Priority will provide ongoing payment infrastructure as a service and processing to the new platform at MRI.”

May 28, 2020

On the wires

Fattmerchant and Finix Launch Flex to Streamline Software Companies’ Path to Payment Facilitation

Fattmerchant, an integrated payment technology provider that simplifies the payment processing experience for business owners, today announces its partnership with Finix, a payments infrastructure platform, to power Finix Flex. The new offering allows SaaS platforms, independent software vendors (ISVs), and value-added resellers (VARs) to start processing payments immediately within their platforms and future-proof their payments strategy.”

February 6, 2020

On the web

A Hospitality POS Software Developer Becomes an ISO

Digital Transactions

“The hotly competitive arena of integrated payments has prompted PointOS, a hospitality software developer, to register as an independent sales organization to gain better control over payment services it offers. The company, which serves customers, announced its ISO registration this week and calls its service PointOS Payments .”

September 16, 2019

On the web

POS Providers Invite Developers To Attract More Merchants

Digital Transactions

“As integrated payments continue to garner more interest from payments companies amid increasing merchant demand, two point-of-sale system providers are making it easier for developers to create software programs for merchants.  Revel Systems Inc. last week launched Revel Integrated , a program that offers developer tools and infrastructure to integrate their work into the Revel POS system. And Square Inc. in August debuted Orders API , a service that opens the Square platform to outside developers for the first time.”

April 3, 2019

On the web

Report: Microsoft Mulls Taking on Shopify |Chain Store Age

Chain Store Age

“According to The Information , a senior Microsoft executive has publicly admitted the tech giant sees an opening in the e-commerce market for a new platform supporting online sales by larger companies. Shelley Bransten, corporate VP of retail and consumer goods for Microsoft, said in an interview with The Information that its customers are asking for software to manage e-commerce sales.”

March 12, 2019

On the web

Goalsetter Gives Parents a Way to Teach Their Kids How to Save Money

TechCrunch

“Kids and parents together sign up for the app, where kids input some of their goals, from college tuition to a new bike or gaming console. Kids can then earn their allowance through the app, and can also receive ‘GoalCards’ (replacing a gift card) from parents and relatives to save towards their goals. Moreover, parents can round-up their debit card swipes to go towards their kids bigger goals, such as college tuition or a first car. Parents can also set up auto-save to set aside a few dollars each month.”

October 30, 2018

On the wires

Bank of America Merchant Services and talech Team Up to Meet the Unique Needs of Full-Service Restaurants and Bars

“Bank of America Merchant Services, a leader in payments, eCommerce and security solutions, and talech, a pioneer in cloud-based restaurant management software, are teaming up to help full-service restaurant and bar owners with one or more locations run their businesses more efficiently through a new, innovative point-of-sale solution.”

July 25, 2018

On the web

Grubhub Acquires Payments And Loyalty Company LevelUp For $390M

TechCrunch

“LevelUp is based in Boston, offering a platform to manage digital ordering, payments and loyalty, with customers like KFC, Taco Bell and Bareburger. Maloney said that buying the company allows Grubhub to deepen its integration with restaurants’ point-of-sale systems. That, in turn, will allow them to handle more deliveries. At the same time, Maloney said LevelUp can help Grubhub build a restaurant platform that goes beyond delivery, for example by managing their customer interactions across mobile and the web.”

May 8, 2018

On the web

May 2, 2018

On the wires

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