Opportunity Financial, LLC and FG New America Acquisition Corp. have joined forces. The combined new company, now officially known as OppFi, Inc., began trading on the New York Stock Exchange under the ticker symbols OPFI (Class A common stock) and OPFI (warrants) on Wednesday (July...
Uber’s trucking unit, Uber Freight, has inked a $2.25 billion deal to acquire transportation logistics company Transplace from TPG Capital. The deal includes $750 million in Uber common stock and the remainder in cash. Transplace was acquired by TPG Capital in 2017. “This is a significant...
Visa signed a £700 million deal to acquire the B2B cross-border payments firm Currencycloud in an effort to advance money movement around the world. The deal builds on the strategic partnership the two companies already have in place. “The acquisition of Currencycloud is another example...
Olive.com, which works in payment services and online vehicle protection plans, will be going public in a combination with PayLink Direct, a payment service provider, a press release says. The company will be combining with MDH Acquisition Corp. The new combined company will be called...
Microsoft has acquired CloudKnox Security, boosting its commitment to cybersecurity, the company announced in a Wednesday (July 21) blog post. CloudKnox has the ability to help companies right-size permissions, enforce least-privilege principles to cut risk and allows for analytics to tighten security against breaches. Microsoft...
ParkHub, which provides parking tech for B2B services, has acquired parking payment management platform CurbTrac, a press release says. “ParkHub is dedicated to the notion that our industry’s advancement relies on collaboration,” said George Baker, Sr., ParkHub’s founder and CEO. “We are delighted to have reached...
Back-office software provider Bill.com announced on Monday (July 19) that it had signed a definitive agreement to acquire Invoice2go in a $625 million stock and cash deal. Based in Sydney, Australia and Palo Alto, Invoice2go is a mobile-first accounts receivable (AR) software provider that lets...
Indian mobile wallet firm Razorpay has announced its latest acquisition: TERA Finlabs, an artificial intelligence (AI)-based risk tech SaaS Platform. TERA, a Bengaluru-based startup, provides technology, risk and capital solutions to enable innovative embedded financing solutions for businesses. The buy marks Razorpay’s third such acquisition to move more deeply...
The Indian payments fintech Razorpay said on Monday (July 19) that it has acquired TERA Finlabs, a startup that provides embedded financing solutions for businesses. “This acquisition of TERA Finlabs is aligned with Razorpay’s strategy of financially supporting as many MSMEs as possible by building...
