European rival to PayPal and Square makes $317 million acquisition to expand in the U.S.

Square. As the start-up plots an expansion in the U.S., rivalry with those big players is set to intensify. But SumUp thinks there's enough room for a number of different companies to co-exist.

Helms said the U.S. market has seen a shift in spending patterns during the coronavirus pandemic, with payment options like non-physical transactions, invoicing and payment links seeing increased growth.

Thank you！

I don’t think anybody is interested in the USofA to set up another CashApp or Venmo account. That pool seems crowded. PoS is straight at this point too. FinTech

thanks

mtbarnet72

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden vows to prod companies if they don't act on supply chains: 'We're going to call them out'President Joe Biden on Wednesday pressed for more private companies to help alleviate supply-chain bottlenecks, as he touted expanded hours for a major U.S.... this is terrible news Tell me you know nothing about logistics without telling me you know nothing about logistics Is it that bad? I think it would be a great help to the supply chain to reduce the shortages
Source: MarketWatch - 🏆 3. / 97 Read more »