French FinTech ID Distribution (IDD) has expanded its partnership with issuer processing platform Thredd as it expands its offerings. IDD’s current offerings include Vaziva, an employee benefits and payments platform that features a card program that helps companies manage and distribute employee benefits, Thredd said in a Tuesday (June 16) press release. Thredd has...
SpaceX will spend $60 billion to acquire artificial intelligence coding startup Cursor. The deal, announced in a regulatory filing Tuesday (June 16), comes soon after SpaceX’s gargantuan initial public offering (IPO). The all-stock transaction is expected to close in the third quarter of the year....
Zip US announced that it will extend its flexible payment solutions into agentic commerce by supporting Stripe’s Shared Payment Tokens. Shared Payment Tokens allow AI agents to initiate transactions on the customer’s behalf using the customer’s preferred payment method, Zip Co Limited said in a...
Salesforce is set to acquire AI customer service platform Fin for $3.6 billion. The deal, announced Monday (June 15), gives the customer relationship management company access to Fin’s AI agent, designed to resolve complex customer queries across channels including live chat, email, WhatsApp, SMS, phone and Slack. “Fin brings proven...
Fox is preparing to acquire streaming video company Roku for $22 billion. The deal, announced Monday (June 15), will make Fox the third-largest player in the television world in terms of viewership share. The companies say they plan to operate Roku “as an open, partner-friendly platform” committed to “the continued...
American Express wants to acquire restaurant reservation management platform TheFork from Tripadvisor for $700 million. Announcing the proposed deal in a Monday (June 15) news release, American Express said it was designed to build on the company’s broader dining strategy following its acquisitions of Resy and Tock. Put together, the three platforms...
Nuvei plans to create a global platform for local and cross-border commerce by acquiring Payoneer for $2.75 billion. The companies have entered into a definitive agreement for the acquisition and expect the transaction to close in mid-2027, subject to approval by Payoneer’s shareholders, regulatory approvals and other customary...
Barclays is buying GoHenry, the U.K. money management platform for children ages 6 to 18, in a deal that positions the bank to capture customers before they ever open their first adult account. Barclays Bank UK announced the acquisition Friday, with completion expected in the...
Adyen aims to enhance its offering to companies with usage-based pricing models by acquiring Orb. The companies have entered into a definitive agreement in which Adyen will acquire Orb through a reverse triangular merger that will make Orb an indirect, wholly owned subsidiary managed under an incubator...