FiveStars Stock

SumUp, a London, UK-based global payments service provider with over 2,800 employees across three continents, acquired Fivestars, an American two-sided local commerce network that combines a marketing platform with integrated payments, for $317m in a mix of cash and stock

PayPal and Square were higher after European rival SumUp acquired U.S. marketing startup Fivestars for $317 million.

London-based mPOS vendor SumU has acquired Fivestars, a US local commerce network that combines a marketing platform with integrated payments, for $317 million in a mix of cash and stock.