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...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Microsoft has acquired CloudKnox Security, boosting its commitment to cybersecurity, the company announced in a Wednesday (July 21) blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
ParkHub, which provides parking tech for B2B services, has acquired parking payment management platform CurbTrac, a press release says. 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...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...