Funding Societies is set to acquire payments solution CardUp, the Singapore-based digital financing platform announced Wednesday (June 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Shares of trading app Robinhood rose 14% Monday (June 27) following news that it might be purchased by cryptocurrency exchange FTX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Global deal-making is entering tumultuous waters, as various factors like inflation and a stock market rout make corporate boards less willing to expand through acquisitions, Reuters reported Saturday (June 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Indian food delivery firm Zomato is buying local grocery delivery startup Blinkit for 44.47 billion rupees ($568.2 million) in an all-stock deal as part of its effort to expand its capabilities in the space as the competition becomes more rampant, according to a Reuters report...
Multifunctional banking as a service (BaaS) platform Colendi is acquiring blockchain settlements and payments provider SETL for undisclosed terms, according to media reports on Friday (June 24). The move is intended to help bolster Colendi’s Web3 offerings. Get the Full Story Complete the form to...
Financial guidance firm NerdWallet is acquiring consumer debt robo-advisor platform On the Barrelhead for approximately $120 million, consisting of roughly $70 million in cash and $50 million in NerdWallet Class A common stock, according to a Thursday (June 23) press release. Get the Full Story Complete the form to...
Digital customer service firm Glia has acquired Finn AI, a chatbot platform for banks and credit unions, the company announced Thursday (June 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Frankfurt-based Raisin Bank AG is acquiring the payment services division of Bankhaus August Lenz & Co AG, per a Thursday (June 23) press release. The move will allow Raisin Bank to expand its product range to payment services and cash solutions. Get the Full Story...
Merchant commerce omnichannel platform company Pine Labs is acquiring application programming interface (API) infrastructure startup Setu to bolster its suite of digital payments and lending products, according to a Thursday (June 23) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
