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...
OpenAI plans to expand the capabilities of its artificial intelligence coding agent, Codex, by acquiring Ona, a provider of secure cloud execution and orchestration technology. The addition of Ona’s technology, which enables agents to access the tools, systems and context they need to complete work...
Canadian payments company Nuvei is in talks to acquire Payoneer for approximately $2.7 billion, Reuters reported Tuesday (June 9). The purchase price includes Payoneer’s cash, implying an enterprise value of roughly $2.3 billion, according to the report, which cited unnamed sources who said a deal...
Plaid and Fin have partnered to enable FinTechs and financial institutions to help their end users connect or reconnect their bank accounts securely within Fin Messenger chat. This capability is enabled by Plaid’s account linking service Plaid Link and Fin’s artificial intelligence agent for customer...
Finastra says software acquisition company CORA Group has purchased its U.S. mid-market banking business. The deal, announced by the FinTech on Wednesday (June 3), covers brands including the Phoenix Core Banking System, MalauzAi Digital Banking, Analyzer IQ, and Enterprise Content Management. “Finastra’s U.S. Mid-Market business...
Nvidia acquired predictive artificial intelligence software startup Kumo AI for $400 million, The Information reported Wednesday (June 3). The report, which cited an unnamed source, characterized the deal as something of a departure for Nvidia, which has invested heavily in open-weight models, while Kumo’s are...
Pinterest has signed a $4 billion cloud services agreement with Amazon Web Services stretching through 2031, the largest infrastructure commitment the visual discovery company has ever made. According to a Thursday (June 4) press release from Amazon, the deal extends a relationship between the two...