acquisitions

FTX Deal Collapse Shines Light on Shaky Crypto Ecosystem

FTX Deal Collapse Shines Light on Shaky Crypto Ecosystem
FTX Deal Collapse Shines Light on Shaky Crypto Ecosystem
November 09, 2022  |  Cryptocurrency

Binance seemingly smelled blood in the water in its move to snap up its key, struggling rival, FTX. Get the Full Story Complete the form...

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Report: Binance ‘Likely’ to End Potential Deal to Acquire FTX
Report: Binance ‘Likely’ to End Potential Deal to Acquire FTX
November 09, 2022  |  Acquisitions

Shortly after beginning its due diligence, cryptocurrency exchange Binance is reportedly “likely” to end the potential deal to acquire rival crypto exchange FTX. Get the...

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Meta Invests in Metaverse Plans Amid Sweeping Layoffs
Meta Invests in Metaverse Plans Amid Sweeping Layoffs
November 09, 2022  |  Meta

In the middle of the first mass layoffs in its history, Meta is set to purchase Audio Analytic as part of CEO Mark Zuckerberg’s metaverse ambitions....

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Goldman Sachs Weighed Purchase of Card Tech Firms
Goldman Sachs Weighed Purchase of Card Tech Firms
November 08, 2022  |  Acquisitions

Goldman Sachs has explored purchasing a payments technology company to enhance its credit card offerings. Get the Full Story Complete the form to unlock this...

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Binance to Acquire FTX Amid ‘Liquidity Crunch’
Binance to Acquire FTX Amid ‘Liquidity Crunch’
November 08, 2022  |  Cryptocurrency

Cryptocurrency exchange Binance is set to acquire rival FTX, the heads of the companies announced on Twitter Tuesday (Nov. 8) in the wake of a...

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Gap Sells China Retail Business to eCommerce Platform Baozun
Gap Sells China Retail Business to eCommerce Platform Baozun
November 08, 2022  |  Retail

In a move to better connect its retail brand to Chinese consumers, Gap has agreed to sell its local online business to Baozun, an eCommerce...

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Mexico’s FEMSA to Buy B2B FinTech NetPay
Mexico’s FEMSA to Buy B2B FinTech NetPay
November 07, 2022  |  B2B Payments

Mexican retail, logistics and distribution firm Fomento Económico Mexicano (FEMSA) has signed an agreement to acquire merchant aggregator NetPay as part of its effort to...

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Worldline Set to Buy Banco Desio’s Merchant-Acquiring Activities
Worldline Set to Buy Banco Desio’s Merchant-Acquiring Activities
November 07, 2022  |  Acquisitions

The French multinational payment firm Worldline announced on Monday (Nov. 7) that it will purchase Banco Desio’s merchant-acquiring activities for 100 million euros ($100.3 million)....

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BILL to Buy Finmark to Expand Financial Operations Platform for SMBs
BILL to Buy Finmark to Expand Financial Operations Platform for SMBs
November 04, 2022  |  Acquisitions

Financial automation software provider BILL has signed a definitive agreement to acquire financial planning and analysis software firm Finmark in a move to expand BILL’s...

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