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0.00243566295972057 0.00243566295972057 0.00113548700257432 0.00190259081729064 -0.00016468895457193 0.0048626580797267 0.00113548700257432 0.000268703031143538
Stock impact report

Newtek Business Services Corp. Acquires Majority Stake in POS On Cloud Software

NewtekOne, Inc. (NEWT) 
Last newtekone, inc. earnings: 11/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.newtekbusinessservices.com
Company Research Source: GlobeNewswire
LAKE SUCCESS, N.Y., Nov. 20, 2019 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (“Newtek”) (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that during the third quarter of 2019 it acquired a 51% interest in POS on Cloud d/b/a Newtek Payment Systems, a Kentucky-based limited liability company. POS on Cloud was founded in 2012 to develop a secure, affordable, easy-to-use cloud-based Point of Sale (POS) system for restaurant, retail, assisted living, parks and golf course businesses, providing not only payments and purchase technology solutions but also inventory, customer management, reporting, employee time clock, table and menu layouts, and ecommerce solutions as the central operating system for small- and medium-sized businesses.  The POS  provides seamless operations that are hardware agnostic and offer affordable, professional tools for businesses of any size.  POS on Cloud has been co-branded Newtek Payment Systems and will be whi Show less Read more
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