LevelField Financial, a company focused on uniting traditional banking and digital asset products, said Monday (Nov. 17) that it received conditional approval to complete its acquisition of Chicago-based Burling Bank. The company said in a press release that it received this conditional approval from the...
Payments platform Paysafe has launched a partnership with business technology firm Endava. The collaboration is designed “to bring smarter payments and next-generation community engagement to market faster,” the companies said in a news release Monday (Nov. 17). “Paysafe’s expertise lies in helping businesses and consumers...
HoldCo Asset Management is unhappy with Comerica’s pending acquisition by Fifth Third Bancorp. The activist investor had pushed for the nearly $11 billion deal, but now says the sale was “flawed” and that Comerica had not allowed for an independent, competitive process, according to a report issued by HoldCo...
U.K. FinTech giant Revolut has launched a payments partnership with Booking.com. With this collaboration, customers of the travel platform can pay using Revolut Pay, the company’s one-click checkout tool, the companies said in a Monday (Nov. 17) news release. “This partnership is a natural fit given the customer overlap...
Online gambling service FanDuel is joining rival DraftKings in the prediction markets business. The company announced Wednesday (Nov. 13) the pending launch of its FanDuel Predicts app, developed in partnership with derivatives market CME Group. Due in December, the app will offer access to sports...
Airbnb is reportedly testing a service that lets guests order groceries from Instacart. The house-sharing company will offer “kitchen stocking” as part of a three-month pilot program starting Jan. 5, Bloomberg News reported Wednesday (Nov. 12), citing an email sent to some Airbnb hosts. During...
Stablecoin payment infrastructure company Rain has acquired on-chain rewards platform Uptop. The acquisition is designed to accelerate Rain’s effort to deliver “a complete, vertically integrated stack,” the company said in a Wednesday (Nov. 12) news release. This solution includes on-ramps, wallets, cards that work anyplace...
Open payments provider Spreedly has expanded its Latin America-focused partnership with payments services firm EBANX. This newest collaboration, announced Wednesday (Nov. 12), will see EBANX assist Spreedly in providing support for Brazil’s Pix Automático and NuPay, thus giving merchants access to two high-profile payment innovations...
B2B payment network Paystand has acquired Bitwage, a platform for stablecoin‑enabled cross‑border payouts. The company says the deal, announced Tuesday (Nov. 11) will help it deliver “enterprise‑grade stablecoin settlement” and foreign exchange (FX) on its network, which has processed more than $20 billion in payment...