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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
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. Get the Full Story...
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. Get the Full Story Complete the form...
