Blackboard Inc said March 7 that it agreed to sell its Transact business unit, including Cashnet, to Reverence Capital Partners. Financial terms weren’t announced. The deal is expected to close in second quarter.
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Over the years, Blackboard has acquired several companies, including Higher One and Sequoia Retail Systems, whose services have been rolled into the Transact suite of products. (The Higher One acquisition, which included Cashnet, a billing and payment systems, cost $260 million.)Mar 7, 2019
Enova International, Inc.CashNetUSA is part of the publicly traded company, Enova International, Inc. (NYSE:ENVA), and we've served more than 4 million customers over our 16+ years in business.
CASHNET Smartpay is a third-party payment processor operating under an agreement with Wayne State University to process electronic payments on your behalf.
CashNetUSA will charge a non-sufficient funds fee (NSF) of $15 one time per loan if you do not have enough funds in your account at the time your loan payment is due.