Hertz Car Sales is teaming with eBay to expand its digital retail footprint. The collaboration, announced by the auto rental giant Wednesday (May 6), involves the launch of a dedicated Hertz showroom on eBay’s platform, bringing upwards of 8,000 “Hertz Certified” vehicle listings to the eCommerce seller’s automotive marketplace....
Credibly is set to bring its small- to medium-sized business (SMB) loans and revenue-based financing products onto Figure’s decentralized lending marketplace, Democratized Prime. The combination will enable SMB capital providers to access capital markets to finance their loans and other receivables, the companies said in...
Digital asset platform Bullish is acquiring global transfer agent Equiniti for $4.2 billion. The deal is designed to create a transfer agent for tokenized securities and “position Bullish to lead the shift toward blockchain-native capital markets infrastructure,” the company said in a news release Tuesday (May 5). “Tokenization is a once-in-a-generation...
American Express Global Business Travel (Amex GBT) will become a privately held company enhanced with additional artificial intelligence capabilities upon the closing of a $6.3 billion acquisition by Long Lake, a company that uses frontier technology to accelerate services businesses. The corporate travel platform, which...
A pair of Canadian banks is reportedly in talks to sell payments-focused FinTech Moneris. The deal between Royal Bank of Canada and Bank of Montreal and the private equity firm Francisco Partners could value Moneris at more than $2 billion, the Financial Times (FT) reported...
GameStop says it has made a $55.5 billion proposal to acquire eBay. The video game retailer announced Sunday (May 3) it had submitted a nonbinding proposal to acquire 100% of the online marketplace. Following closing, GameStop CEO Ryan Cohen would serve as chief executive of...
Hertz plans to expand beyond its car rental business and serve “the next era of mobility” with a new affiliated operating company that will provide fleet management solutions for autonomous robotaxi and driver-led rideshare fleets. The new company, Oro Mobility, said in a Thursday (April 30) press release that its first major...
Cryptocurrency firm Anchorage Digital has launched a partnership with stablecoin infrastructure company M0. The collaboration is designed to merge M0’s infrastructure capabilities with Anchorage’s regulated issuance experience to serve a “growing universe of stablecoin builders,” the companies said in a news release Thursday (April 30)....
Wizard, the native AI shopping platform co-founded by Jet.com’s Marc Lore, has launched a partnership with Mastercard and Stripe. The collaboration, announced Thursday (April 30), builds on an existing Stripe-Wizard arrangement, and will see Wizard integrate Mastercard Agent Pay via Stripe’s Shared Payment Tokens while using Mastercard Insight Tokens....