Payments enablement firm NMI has acquired the payments solutions company USAePay to offer their joint customers more choices, NMI announced in a press release on Tuesday (Feb. 23). The acquisition will also elevate NMI’s technical capabilities and further cement its leadership position in global omnichannel...
San Francisco-based Wells Fargo announced on Tuesday (Feb. 23) that it had reached an agreement to sell its asset management business for $2.1 billion to private-equity firms GTCR LLC and Reverence Capital Partners. That Wells Fargo division manages more than $603 billion. Get the Full...
Klaus Hommels, founder of venture capital firm Lakestar, launched a special purpose acquisition company (SPAC) on Wed. (Feb. 17), Lakestar SPAC I SE, with the goal of buying a tech company in Europe. Get the Full Story Complete the form to unlock this article and...
Flying taxi developer Joby Aviation is getting some help from the blank-check company helmed by LinkedIn Founder Reid Hoffman, the Financial Times (FT) reported. A merger would value Joby Aviation at $5.7 billion. Get the Full Story Complete the form to unlock this article and...
On Monday (Feb. 8), DoorDash announced its acquisition of automated food preparation company Chowbotics, creator of the salad- and food-bowl-making robot, Sally. In a company statement, DoorDash explained that it plans to offer this technology to its merchants. The acquisition marks another step in the...
Intuit has acquired Australia-based OneSaas to help it integrate third-party eCommerce solutions into its QuickBooks platform. 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 our daily...
Uber is acquiring the digital alcohol delivery service Drizly for $1.1 billion in stock and cash, CNBC reported on Tuesday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
German neobank N26 is looking to make an acquisition in the FinTech space as speculation builds that it is readying an IPO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Canadia’s TFI International (TFI) is acquiring Richmond, Virginia-headquartered UPS Freight for $800 million in a deal anticipated to close in the second quarter of 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
