Payments companies are posting ‘for sale’ signs and big companies are pursuing acquisitions at a rate that suggests an increase in industry deal-making this year.
Over the past month, the embedded payments and card company Green Dot and software payments firm Flywire both announced that they’re undertaking strategic reviews, indicating the possibility of selling those businesses. Also, vending payments software firm Cantaloupe is reportedly pursuing such a review, according to the news outlet Reuters, which cited unnamed sources.
While those companies grapple with challenges unique to their businesses, addressing their problems has been made more difficult by U.S. stock market…
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