acquisitions

Xalts Acquires Contour to Accelerate Digitization in Supply Chain Finance
Xalts Acquires Contour to Accelerate Digitization in Supply Chain Finance
February 23, 2024  |  Acquisitions

FinTech platform Xalts has acquired Contour Network from a consortium of global banks. The move is aimed at accelerating digitization in trade and supply chain...

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Paycheck-to-Paycheck Consumers Could Benefit From Capital One/Discover Deal
Paycheck-to-Paycheck Consumers Could Benefit From Capital One/Discover Deal
February 23, 2024  |  Consumer Finance

In what could be one of the largest acquisitions of the decade, Capital One recently announced it wants to purchase Discover Financial in a deal...

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Capital One-Discover Merger Agreement Includes $1.38 Billion Termination Fee
Capital One-Discover Merger Agreement Includes $1.38 Billion Termination Fee
February 22, 2024  |  Acquisitions

If Capital One’s planned acquisition of Discover Financial falls through, one firm or the other could pay a termination fee of $1.38 billion. This termination...

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Jasper Acquires Clipdrop to Enhance AI Copilot for Marketing Teams
Jasper Acquires Clipdrop to Enhance AI Copilot for Marketing Teams
February 22, 2024  |  Artificial Intelligence

Jasper, a generative artificial intelligence app company, acquired Clipdrop, an AI image creation and editing platform, from Stability AI. The move not only strengthens Jasper’s...

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Walmart’s Vizio Acquisition Could Bring Revenue, Subscribers if It Tracks Data
Walmart’s Vizio Acquisition Could Bring Revenue, Subscribers if It Tracks Data
February 21, 2024  |  Subscriptions

This week Walmart announced it is buying TV manufacturer Vizio for $2.3 billion. Walmart (and its affiliate, Sam’s Club) have been selling the Vizio brand...

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Report: FairMoney Looking to Acquire Umba, Expand in Kenya
Report: FairMoney Looking to Acquire Umba, Expand in Kenya
February 20, 2024  |  Digital Banking

FairMoney, a digital bank based in Lagos and headquartered in Paris, is reportedly in talks to acquire Umba, a digital bank operating in Nigeria and...

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Capital One/Discover Combo Could Create Financial Ecosystem for Paycheck-to-Paycheck Consumers
Capital One/Discover Combo Could Create Financial Ecosystem for Paycheck-to-Paycheck Consumers
February 20, 2024  |  Acquisitions

In any industry, a $35 billion deal is, of course … a big deal. But in financial services, the news that Capital One has set...

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Walmart to Enhance Media Business With $2.3 Billion Vizio Acquisition
Walmart to Enhance Media Business With $2.3 Billion Vizio Acquisition
February 20, 2024  |  Acquisitions

Walmart and smart television maker Vizio entered into an agreement for Walmart to acquire Vizio for $2.3 billion. The acquisition would enable Walmart to enhance...

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Capital One to Become Global Payments Network With $35.3B Discover Financial Acquisition
Capital One to Become Global Payments Network With $35.3B Discover Financial Acquisition
February 19, 2024  |  Acquisitions

Capital One is acquiring Discover Financial in a deal that brings together two of the largest credit card companies in the United States. Bloomberg reported...

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