In today’s CardFlash News Que: PAYZER (funding); JCB (Nepal); DH (acquisition); and TRANSFIRST (AMS).
PAYZER – Payzer, a mobile and cloud based financial technology platform, announced a $4.2M Series A financing round led by Grotech Ventures and Route 66 Ventures. The investment will allow the company to accelerate its sales and marketing growth and to expand its product development team.
JCB – To support relief and recovery in the areas affected by the earthquake that struck the Federal Democratic Republic of Nepal on April 25 2015, JCB Co, the only global payment brand based in Japan, announced that it contributed 5 million Japanese yen (approximately NPR 4,300,000.)
DH – DH Corporation announced it has successfully completed the US$1.25 billion acquisition of Fundtech, a leading provider of global payments solutions to banks worldwide.
TRANSFIRST – TransFirst, a leading provider of transaction processing services and payment-enabling technologies, and iNtelli-Bill, a division of American Medical Systems, Inc. (AMS) are pleased to announce a strategic alliance. TransFirst will provide a wide array of payment processing products, including integrated electronic payment processing services, for the medical community. iNtelli-Bill offers online, flat-rate medical billing services and leases its medical billing software (HorizonMIS) to physicians who prefer to handle billing internally.