Stock awards provided executives of Repay Holdings a huge boost in compensation for 2019. Repay, which has purchased a number of payment companies including American Payment Systems, provided the compensation informatoin for its named executives recently in a proxy filed with the SEC.

Avalara will sell $500 million shares in a public offering, the company said this week. The company seems to have M&A on its mind, although it has not revealed anything specific.

Payments company Paya has gone public through its acquisition by a public company with no prior revenue. Paya, which was spun out of Sage as the former Sage Payments operation is being purchased via a $235 million common stock private placement by an investor group that includes Franklin Templeton and Wellington Management Company LLP.

SAP reported a 6-percent rise in after-tax profit on a 2-percent increase in revenue for the second quarter ended June 30. That was driven by a 21-percent increase in cloud revenue.