Corporate One FCU Chooses the Payveris MoveMoney™ Platform to Power Digital Payments Innovation and Faster Payments

12.14.2017 in #Press

December 14, 2017  | CROMWELL, Conn., December 13, 2017 –  Corporate One Federal Credit Union is partnering with Payveris, the Cromwell, Conn.-based provider of digital payments and money movement technology to financial institutions, to lead its more than 820 members credit unions toward continued digital payments innovation and faster payments. Corporate One, headquartered in Columbus, Ohio, is one of the country’s largest and most financially secure wholesale credit unions. It supports credit unions, representing 17.5 million members, in 44 states. In addition to adopting the Payveris MoveMoney platform, Corporate One also will resell Payveris services, including best-in-breed bill pay, bill management, account-to-account and person-to-person money movement services. “Corporate One is at the top of wholesale credit unions for its progressive strategy to guide and support its member organizations’ payments evolution, ensuring they have the education, tools and technology to keep and attract members,” says Ron Bergamesca, Payveris CEO. “We know Corporate One thoroughly ...

PatientPay Secures $6M in Growth Capital

12.6.2017 in #Press

December 06, 2017  | RALEIGH-DURHAM, N.C.  --  PatientPay, the leading patient payments partner for specialty care, has secured $6 million in growth capital. The investment will be leveraged for significant company expansion and continued enhancements to its patient payments platform, establishing the patient billing experience as a natural extension to patient care. Teaghlach Family Office led the round with participation from Esping Family Office and existing investors, including Mosaik Partners, to support PatientPay’s industry focus on providing end-to-end patient payment solutions for anesthesiology, radiology, labs and other specialty medical groups at every point of care. “Driving efficiencies in healthcare is important to lower cost of care and bring about needed change in quality of care. One of the primary areas in which to first engage with patients is to offer them a better understanding of the billing process — ultimately empowering them to feel more in control over their own healthcare ...

Hopscotch Closes Series B$5M to aid in furthering Hopscotch’s mission to connect people to their passions

11.15.2017 in #Press

Nov. 15, 2017  | LOS ANGELES (GLOBE NEWSWIRE) -- Hopscotch, the leading developer of the most comprehensive mobile engagement platform for sports, live events, venues and colleges, today announced the successful closing of $5M in Series B funding. The funding round includes new investors Jackson Capital Management, Pittco Capital Partners and Jim Armstrong of Clearstone Venture Partners and March Capital Partners. Series A lead investors Mosaik Partners and Albrecka LLC participated in the financing as well.  Alan Garner, Managing Director of Jackson Capital Management, will join the board of directors. Jim Armstrong will join the board of advisors. “We couldn’t be more excited about the growth we’ve experienced this year,” said Laurence Sotsky, CEO and President of Hopscotch. “On every metric we’ve been absolutely on fire; net new customers, product development, monthly active users, ad impressions and revenue. We’ve quickly become the biggest mobile publisher in collegiate sports and ...

Blackhawk Network Acquires CashStar for $175 million; Establishes a Leadership Position in First-Party Digital Gift Card Market; Transaction is Accretive to Adjusted EPS for 2018

08.30.2017 in #Press

August 30, 2017 | source: PLEASANTON, Calif., Aug. 30, 2017 /PRNewswire/ -- Blackhawk Network, Inc., a global financial technology company ("Blackhawk"), announced today that it has acquired CashStar, Inc., a leading provider of gift card commerce solutions at the forefront of mobile payments and digital gifting innovation. The acquisition strengthens Blackhawk's position in the emerging digital gift card market and establishes Blackhawk as a leading provider in the fast growing first-party digital gift card market. The first-party gift card market transaction dollar volume is estimated in excess of $100 billion with digital being the fastest-growing segment of that market. CashStar's commerce platform enables retailers to market, sell and distribute digital and plastic gift cards in the first-party digital card business, which is directly to consumers and businesses across a wide range of channels. With CashStar's flexible platform, merchants can use digital and physical gift cards to engage consumers throughout the customer lifecycle, including marketing and promotions, sales and customer ...

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