General World News

Elavon acquires Sage Pay for $300 million to grow its market share in the UK and Ireland

Payments And Fintech M&A Activity

Payments solution provider Elavon, a subsidiary of US Bancorp that offers features like processing online and in-store payments, has announced plans to acquire Sage Pay, a payments gateway operating in the UK and Ireland, for £232 million ($300 million), per TechCrunch.

Sage Pay is part of Sage Group, an accounting provider, which <a target="_blank" href="" target="_blank" rel="noopener noreferrer" read more >>>

Source:: BusinessInsider.Com