Shares of trading app Robinhood rose 14% Monday (June 27) following news that it might be purchased by cryptocurrency exchange FTX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
FinTech rental management platform Obligo is partnering with banking giant Wells Fargo to expand its product offerings and will now be the only security deposit alternative utilizing bank-issued letters of credit for landlords and tenants. Get the Full Story Complete the form to unlock this...
Microsoft Qatar is teaming up with FinTech startup CWallet to offer end-users more secure payments as well as increased security and improved scalability, according to a Monday (June 27) press release published on Zawya. Get the Full Story Complete the form to unlock this article...
Global deal-making is entering tumultuous waters, as various factors like inflation and a stock market rout make corporate boards less willing to expand through acquisitions, Reuters reported Saturday (June 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Indian food delivery firm Zomato is buying local grocery delivery startup Blinkit for 44.47 billion rupees ($568.2 million) in an all-stock deal as part of its effort to expand its capabilities in the space as the competition becomes more rampant, according to a Reuters report...
Multifunctional banking as a service (BaaS) platform Colendi is acquiring blockchain settlements and payments provider SETL for undisclosed terms, according to media reports on Friday (June 24). The move is intended to help bolster Colendi’s Web3 offerings. Get the Full Story Complete the form to...
Financial guidance firm NerdWallet is acquiring consumer debt robo-advisor platform On the Barrelhead for approximately $120 million, consisting of roughly $70 million in cash and $50 million in NerdWallet Class A common stock, according to a Thursday (June 23) press release. Get the Full Story Complete the form to...
Digital customer service firm Glia has acquired Finn AI, a chatbot platform for banks and credit unions, the company announced Thursday (June 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Fortiva Retail Credit, a second-look point of sale (POS) consumer credit program issued by The Bank of Missouri, is expanding its partnership with buy now, pay later (BNPL) financing network ChargeAfter to provide customers with Fortiva financing. Get the Full Story Complete the form to...