Citizens Financial Group, Inc. which operates Citizens Bank branches in 11 states, announced on Wednesday (July 28) that it has entered into an agreement and merger plan valued at approximately $3.5 billion to acquire all outstanding shares of Investors Bancorp, Inc., Inc. for a combination...
MX, a financial data platform, has partnered with Dwolla, which is a software platform working with funds transfers, to help customers more easily connect to depository accounts, according to a press release. “We give organizations the ability to deliver modern, tokenized, open banking [application programming...
BigCommerce, an eCommerce software platform, on Tuesday (July 27) announced its acquisition of Feedonomics in an asset purchase transaction. BigCommerce purchased the assets of Feedonomics for approximately $145 million, with roughly $80 million paid at closing and up to $32.5 million to be paid at each of...
Shared electric vehicle company Lime and urban mobility service provider Moovit announced a global partnership on Tuesday (July 27) that will integrate Lime’s fleet of electric scooters, bikes and mopeds into the Moovit app in 117 cities across 20 countries, including the U.S., South Africa...
London-based Starling Bank has announced its first acquisition, buying 7-year-old Fleet Mortgages in a cash and share deal worth 50 million pounds, or about $69,114,700. The bank’s Monday (July 26) announcement comes on the heels of a recent report that the British FinTech company saw...
There was another jump forward in the global payments market this week, as Singapore-based cross-border payments leader Thunes announced its planned acquisition of Paris-based payments platform Limonetik. The acquisition has also spawned a revision of the Thunes corporate look, including a new logo and website to better reflect...
Taboola has agreed to acquire Connexity, one of the world’s biggest independent platforms for eCommerce, from Symphony Technology Group for about $800 million, according to an announcement on Friday (July 23). Connexity works with more than 1,600 merchants and 6,000 publishers, including Walmart, Wayfair, Skechers,...
The emergence of the platform economy brings all facets of commerce together – including logistics — which focuses on the matter of getting goods where they need to go as efficiently as possible. To that end, Uber said on Thursday (July 22) that it has struck...
Cross-border transfer company Stellar Development Foundation and private equity firm Advent International are mulling the acquisition of MoneyGram, according to a Bloomberg report citing sources. The money transfer giant saw stock prices climb 11 percent at roughly 1:13 p.m. in New York on Wednesday (July 20)....
