Around the Net
Retail Payments Investments Hit $668 Million
- Pymnts, Tuesday, August 19, 2014 2 PM
Here’s what happened in the first week of August: $1.2 Billion in financial activity was observed across a variety of investment types – VC funding, private placements, etc. Of that total, $1,053.6 M was the driven by strategic or venture –backed investments the biggest transaction was the 10 percent stake investment of Philippine Long Distance Telephone Coin in Rocket Internet for $446 M. The second was the acquisiton of TouchNet Information Systems, Inc. by Heartland Payment Systems for $375 M.
