Tuesday, August 29, 2023

Swedish payments company Trustly acquires French recurring payments service SlimPay, sources say for €70M; Trustly shelved IPO plans in 2021 (Aisha S Gani/Bloomberg)

Aisha S Gani / Bloomberg:
Swedish payments company Trustly acquires French recurring payments service SlimPay, sources say for €70M; Trustly shelved IPO plans in 2021  —  Swedish payments firm Trustly has acquired the French recurring payments platform SlimPay as it continues its Europe-wide expansion.



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Samsung reports Q1 revenue up ~10% YoY to ~$53.4B and operating profit flat YoY at ~$4.5B, above ~$3.8B est., boosted by Galaxy S25 and legacy DRAM sales (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg : Samsung reports Q1 revenue up ~10% YoY to ~$53.4B and operating profit flat YoY at ~$4.5B, above ~$3.8B est., bo...