In a deal valued at over a $1 billion, SoFi said it has inked a definitive deal to buy Galileo Financial Technologies. The online personal finance firm will pay total purchase consideration of $1.2 billion composed of shares and cash, according to an announcement. Get...
New York-based location intelligence company Foursquare and data location provider Factual are now one company. 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,...
Safaricom, Kenya’s telecommunications giant, and the South African mobile communications company Vodacom have completed the acquisition of the M-PESA brand, along with its product development and support services, from Vodafone Group PLC through a joint venture, the companies said on Monday (April 6.) Get the...
Even with the coronavirus’ increasing health and financial crises, Bed Bath & Beyond wants to make sure a deal with 1-800-Flowers still goes through as planned — enough to request such from a judge. Get the Full Story Complete the form to unlock this article and...
FinTech firm MatchMove has struck a deal to acquire a “strategic stake” in eCommerce solutions company Shopmatic, according to reports. Financial details of the acquisition were not disclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
T-Mobile, still planning to forge ahead with its merger with Sprint, has told a group of 16 banks to provide it with $23 billion in loans to finalize things. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Microsoft and Plaid have teamed up on the company’s new financial management offering, Money in Excel, the companies announced Monday (March 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As food delivery companies are surging in the U.K. in the wake of the coronavirus crisis, a proposed merger between Amazon and Deliveroo is under even more scrutiny, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article...
Facebook is in talks to buy a multibillion-dollar stake in Indian telecommunications company Reliance Jio, but the deal’s timetable has been stalled due to the coronavirus-triggered lockdown, the Financial Times (FT) reported on Tuesday (March 24), citing sources. Get the Full Story Complete the form...
