Finance platform United Fintech has acquired lending automation company Trade Ledger. With this deal, United Fintech gets access to a customer base that includes Barclays and Bank of Queensland, as well as Trade Ledger’s expertise in data-driven lending and commercial banking automation, the companies said in a Wednesday (Nov. 5) news release....
Small and midsize merchants have no shortage of ambition, but they often face long odds when they try to secure the financing needed to buy new equipment, restock inventory or expand online. Lenders can be hard to reach, and the process is often confusing or...
The Tripadvisor Group reportedly plans to merge two of its three businesses, Tripadvisor and Viator, amid activist investors’ pressure to consider selling either the entire company or its other division, TheFork. The business combination will lead to “substantial” layoffs among its engineering staff, Seeking Alpha...
Robinhood said Monday (Nov. 3) that eligible Robinhood Gold subscribers can now access exclusive discounted mortgage rates and closing credits through digital mortgage lender Sage Home Loans. This offering is enabled by Robinhood’s exclusive agreement with Sage, and it became available Monday, the companies said...
Uber is expanding on its four-year-old partnership with restaurant technology platform Toast. Starting in the U.S. and Canada, “Toast and Uber will deepen their integration to deliver innovations designed to help restaurants better manage digital ordering operations, enhance the guest experience, and grow sales,” the...
Payments technology company ACI Worldwide has acquired financial messaging/open banking solutions provider Payment Components. With this acquisition, ACI plans to integrate Payment Components technology into ACI Connetic, its cloud-native unified payments platform, the company announced Monday (Nov. 3). Terms of the deal were not disclosed. “ACI’s acquisition of Payment Components...
T-Mobile is launching its first credit card in partnership with Capital One. The wireless company’s new card will feature no annual fees and 2% in T-Mobile rewards, company officials told Bloomberg News on Saturday (Nov. 1). “It’s not often you get to build a card...
Bending Spoons, an Italian technology company, has agreed to acquire AOL from Yahoo. The acquisition, announced Wednesday (Oct. 29), follows weeks of reports that AOL, a one-time web titan, was up for sale. “AOL is an iconic, beloved business that’s in good health, has stood the test of time,...
PNC Bank and Visa have renewed their strategic collaboration and will further expand the immediate payments capabilities the bank offers its treasury management clients. This collaboration enables PNC Bank’s Treasury Management Platform to access real-time payment rails through Visa Direct and offer PNC clients streamlined...