The Competition Commission of India (CCI) has given the green light to the acquisition of a roughly 9.99 percent share of Jio Platforms by a newly formed subsidiary of Facebook called Jaadhu Holdings LLC. CCI said Jaadhu is a wholly-owned Facebook subsidiary, which was started...
Money transfer company MoneyGram International Inc. has partnered with Global Money Express Co. Ltd., (GME) one of the largest payment financial technology companies in South Korea, according to a Tuesday (June 23) announcement by MoneyGram. Get the Full Story Complete the form to unlock this article...
Some residents of France who use Western Union online services to wire money to friends and family in certain African countries will be offered free one-month, 1,000-euro life and disability policies benefiting those recipients under a pilot program, according to a press release. Get the...
KKR, the New York-based global investment firm, signed an agreement to buy the Dutch holiday parks company Roompot Group from PAI Partners, the companies announced Thursday (June 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Square Inc., the San Francisco-based payments platform, has announced it purchased Verse, the Spanish mobile app startup that allows users to make payments instantly at no cost. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In a deal that marks the company’s inaugural acquisition and the start of its global growth, Credit Sesame said it finished its acquisition of Canadian challenger bank STACK. The two companies began their partnership last year, which brought together the deep credit knowledge of Credit...
Walmart has reportedly paid some $200 million to buy key assets from CareZone, a Seattle-based health-technology start-up that promises to manage prescription drugs for each family member. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Foreign exchange giant Travelex is pulling its offer of sale to prospective buyers after none of the buyers could offer an acceptable deal to the company’s banks and lenders, Financial Times (FT) reports. Get the Full Story Complete the form to unlock this article and...
A pair of Indonesia’s FinTechs plan to merge in a bid to challenge Gojek’s GoPay, sources told Bloomberg. 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...
