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(Image from article: "Western Union to buy Travelex unit for nearly $1B")

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Western Union to buy Travelex unit for nearly $1B

Western Union to buy Travelex unit for nearly $1B

Western Union says it has agreed to acquire Travelex Global Business Payments for about $973.8 million in cash, in a deal that will allow it to expand rapidly in the business of international payment processing.

 

Bling Nation Raises $20 Million For Cell Phone Payment System

What recession? Startup Bling Nation just raised $20 million in Series B funding from Balderton Capital for a new cell phone payment system. This brings the startup's total funding to $33 million since its launch in 2007.

Bling Nation's ambitions are to establish a revolutionary and comprehensive payments system for physical goods.

 

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