FinTech Brex on Tuesday (Aug. 17) announced it has acquired Israel-based commerce API company Weav for $50 million as part of a plan to expand its global footprint by bringing an innovation hub to Israel. Get the Full Story Complete the form to unlock this...
Minnwest Bank and Roundbank recently announced that the financial institutions (FIs) have signed an agreement to merge. The transaction is expected to complete by year’s end, pending regulatory approval. Financial details of the deal were not disclosed. Get the Full Story Complete the form to...
Online entertainment firm Roblox is working to close an acquisition deal for online gaming community connection startup Guilded, according to a press release on Monday (Aug. 16). Terms were not released. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Specialized payments platform Paysafe on Monday (Aug. 16) signed a definitive agreement to acquire Latin American digital payment platform SafetyPay for $441 million in cash. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Merger and acquisition (M&A) activity is at an all-time high, with the global value sitting at a record-shattering $3.6 trillion, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Adidas is offloading Reebok into Authentic Brands Group’s (ABG) burgeoning portfolio of brands as the German sportswear giant seeks to strengthen its own position in a direct-to-consumer (D2C)-led strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Baupost Group hedge fund is getting into the meal delivery business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
U.S. Bank has agreed to purchase FinTech company Bento Technologies, according to a Thursday (Aug. 12) company announcement. The acquisition is aimed at broadening the bank’s digital capabilities for small business customers. Get the Full Story Complete the form to unlock this article and enjoy...
Western Union Business Solutions (WUBS) is slated to acquired by Goldfinch Partners and The Baupost Group in a $910 million deal that will rename the business Convera, according to a press release on Thursday (Aug. 12). Get the Full Story Complete the form to unlock...