PayPal (PYPL) to Acquire TIO Networks for About $233M
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PayPal to Acquire TIO Networks
February 14, 2017 4:25 PM ESTExpands PayPals Reach Into the U.S. Bill Payment Channel with More Than 10,000 Supported Billers, 65,000 Over-the-Counter Locations and 900 Operated Kiosks
Supports PayPals Mission to Advance Financial Inclusion and Addresses a Key Need of Underserved Consumers
SAN JOSE, Calif. & VANCOUVER, British Columbia--(BUSINESS WIRE)-- PayPal Holdings, Inc. (Nasdaq: PYPL) and TIO Networks Corp. (TSXV: TNC), a cloud-based multi-channel bill payment processing and receivables management company, today announced a definitive agreement under which PayPal will acquire TIO for... More
