Cross-border payments firm Thunes is set to acquire all-in-one-payments platform Tilia. The deal, announced Tuesday (April 23), is aimed at speeding Thunes’ growth in the U.S. and its presence in the online gaming market. “The acquisition of Tilia demonstrates our ambition in the United States,”...
Independent digital investment advisor Betterment has reached an agreement with Goldman Sachs to acquire the digital investment accounts of Marcus Invest. Subject to customary closing conditions, those accounts will be transferred to Betterment around June 29, the companies said in a Monday (April 22) press release. Customers will have the option...
Salesforce’s plans to purchase data-management software provider Informatica have reportedly stalled. While the two sides were apparently in advanced talks for a deal earlier this month, the companies were not able to come to terms, Reuters reported Sunday (April 21), citing a source familiar with the matter....
Instant money movement platform TabaPay is acquiring Synapse’s assets following the latter company’s bankruptcy. The deal, announced Friday (April 19), will allow TabaPay to offer new financial services for FinTechs and financial institutions, the company said in a news release. TabaPay noted that the two firms had offered complementary financial technology...
Cryptocurrency exchange Kraken is buying TradeStation Crypto, the digital assets unit of TradeStation Group. With this acquisition, Kraken aims to expand its regulatory licensing in the United States, Seeking Alpha reported Thursday (April 18). “The transaction is part of our efforts to accelerate our U.S. presence and will unlock further...
Zuora is reportedly considering a sale and other options after more than one company expressed interest in acquiring it. The subscription management software provider is working with an investment bank to conduct discussions with potential buyers, Reuters reported Wednesday (April 17), citing unnamed sources. There is no certainty...
Private equity group Apax Partners will acquire HR/payroll software firm Zellis from Bain Capital. “Zellis is a recognised leader in the payroll and HR software market, a sector that we know well from previous Apax Fund investments, including Paycor,” Apax Partner Roy Mackenzie said in a news release provided to PYMNTS Monday...
Salesforce is reportedly in advanced negotiations to purchase data-management software provider Informatica. The talks were the subject of a Friday (April 12) Wall Street Journal (WSJ) report, citing sources familiar with the matter. The report said Informatica has a market capitalization of more than $11 billion after a...
Automattic, the company behind WordPress and WooCommerce, has acquired Beeper, a “universal messaging app” that combines 14 chat networks in one inbox. The company will combine Beeper with Texts, a messaging app that Automattic acquired in 2023, Automattic said in a Tuesday (April 9) blog post. “We began investing in messaging...
