Payments platform Paysafe Limited agreed to sell its direct marketing payment processing business line, Paysafe Direct, to omnichannel payments provider Kort Payments, which is led by Paysafe’s founder and former CEO, Joel Leonoff. The transaction includes reseller and merchant contracts, dedicated technology and employees related...
The FinTech IPO Index’s gains this past week — up 2.6% through Thursday (Feb. 6) across the past five sessions — were tied to a mix of newsworthy events. Earnings. Partnerships. And rumors of a possible takeover. Several names were up double digits through the...
Online payments firm Paysafe is reportedly considering a sale after getting takeover interest. The company is exploring options with the help of a financial advisor, Bloomberg reported Thursday (Feb. 6), citing unnamed sources. Deliberations are ongoing, and there is no certainty that Paysafe will opt...
Bed Bath & Beyond’s parent company is staging a blockchain-centric family reunion of sorts. Beyond — which also owns Overstock.com — announced Wednesday (Feb. 5) that it would spend $5 million to acquire Buy Buy Baby, a retailer that had been part of Bed Bath...
February 07, 2025
The FinTech IPO Index’s gains this past week — up 2.6% through Thursday (Feb. 6) across the past five sessions — were tied to a mix of newsworthy events. Earnings. Partnerships. And rumors of a possible takeover. Several names were up double digits through the past few days. Oportun’s stock gained 31.5% ahead of earnings […]
January 23, 2025
The platformization of various industries promises that the digitization of processes and discovery — where supply meets demand — improves the experience. However, not all platforms prove to be as...
January 03, 2025
By any stretch of the imagination, for the FinTech IPO Index, the last 12 months have been largely kind. Headed into 2025, the index was up more than 58% through...
November 29, 2024
Video killed the radio star, but could cryptocurrency payments kill credit and debit cards? Even though bitcoin hit a record high this month, the chances are likely slim. However, with...
February 11, 2025
Banking solutions provider nCino has acquired Integration-Platform-as-a-Service (iPaaS) company Sandbox Banking. The deal, announced Tuesday (Feb. 11), is designed to bolster nCino’s ability to improve data connectivity and streamline operations for banks and credit unions. “Financial institutions frequently build new connections to support emerging products, user workflows, or external systems, but digital transformation is often slowed by time-consuming and costly […]
February 11, 2025
Payments platform Paysafe Limited agreed to sell its direct marketing payment processing business line, Paysafe Direct, to omnichannel payments provider Kort Payments, which is led by Paysafe’s founder and former...
February 06, 2025
Online payments firm Paysafe is reportedly considering a sale after getting takeover interest. The company is exploring options with the help of a financial advisor, Bloomberg reported Thursday (Feb. 6),...
February 05, 2025
Bed Bath & Beyond’s parent company is staging a blockchain-centric family reunion of sorts. Beyond — which also owns Overstock.com — announced Wednesday (Feb. 5) that it would spend $5...