Online food ordering company Grubhub Inc. (NYSE: GRUB) has agreed to buy LevelUp, a provider of payment processing technology for restaurants, for $390 million.
Ant Financial raised its agreed offer for MoneyGram International Inc. by 36 percent as the financial-services company controlled by Chinese billionaire Jack Ma tries to top a competing offer and overcome security concerns.
PayPal's February acquisition of TIO Networks is the latest example of a growing trend of financial services providers targeting the underserved, developing products that bring the cash-heavy group into the digital payments fold.
