Customer experience firm Narvar says it has acquired packaging firm Lumi in an effort to “revolutionize packaging as the new storefront.” The company announced the acquisition Wednesday (Dec. 15), saying their combined efforts would allow “retailers to enhance their post-purchase brand experience with a more efficient...
Global payments platform Flywire has acquired WPM, a payments software provider for colleges and universities in the U.K. “The acquisition will build on Flywire’s existing education payments business to scale its global customer base and is expected to further accelerate its market share in the...
On the heels of a recent $100 million fundraise, 4-year-old neobank Open has purchased India-based consumer-facing neobank Finin for $10 million, according to a Tuesday (Dec. 14) report from TechCrunch. The acquisition involves cash, as well as stock, according to the report. The purchase follows...
Norwegian software service firm Visma has announced the acquisition of Danish FinTech company Acubiz, in a move to accelerate its growth within the human resources (HR) and payroll services sector. Integrated into Visma Enterprise’s Human resource management (HRM) in Denmark as an independent brand, Acubiz...
Nike has acquired RTFKT, a nonfungible token (NFT) collectible and fashion startup, according to a press release, which could represent a larger expansion of the footwear company into the metaverse. RTFKT boasts among its products a hybrid NFT and physical shoe collectible, which was inspired...
Rep. Maxine Waters has called on the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) to put a stop to bank mergers and acquisitions (M&A) over $100 billion while the Fed and the FDIC review...
London-headquartered next-generation FinTech and banking app Twig Group acquired secondhand clothing marketplace Loopster for an undisclosed amount. Twig Founder and CEO Geri Cupi said in a press release on Friday (Dec. 10) that together, Loopster and Twig will “deliver the next generation of resale” that...
Payment and invoice management platform Bottomline Technologies Inc. is looking into a potential sale and is working with Deutsche Bank AG on its options, people with knowledge of the situation told Bloomberg on Thursday (Dec. 9). Bottomline has recently been courted by private equity firms,...
Microsoft is set to receive the green light from EU antitrust regulators on its $16 billion purchase of the artificial intelligence (AI) and speech technology firm Nuance Communications. As Reuters reported on Friday (Dec. 10), sources close to the matter say the deal will receive...
