Acquisitions news and trends

DoorDash Will Pay $17 Billion to Acquire Instacart

October 29, 2026
DoorDash and Instacart logos
Kipp Targets US Expansion After LTVCo Acquisition
Acquiring // October 29, 2026

FinTech platform Kipp plans to accelerate its expansion in the United States after being acquired by an investor group led by The Lifetime Value Company (LTVCo) and its founders, the company said in a Thursday (Oct. 29) press release emailed to PYMNTS. Kipp will continue...

Adyen Adds 1,100 Tech and Sales Hires to Capture Growth Opportunities
Earnings // October 28, 2026

FinTech platform Adyen expects to add as many as 1,100 specialized engineering and go-to-market roles this year to meet the needs of its existing commercial momentum and to capture growth opportunities, Interim Chief Financial Officer Hwa Tsao said Wednesday (Oct. 28) in prepared remarks for...

Truist Weighs Sale of Insurance Lender Afco Credit
Banking // October 26, 2026

Truist is seeking a buyer for specialty lender Afco Credit as the bank sharpens its focus on banking operations, Bloomberg reported Monday (Oct. 26), citing unnamed sources. Afco handles insurance premium financing, and Truist is unloading noncore lending businesses, according to the report. Truist is...

DoorDash Could Close Instacart Deal This Week
Acquiring // October 26, 2026

DoorDash could announce a deal to buy Instacart as soon as Thursday (Oct. 29) morning, CNBC reported Wednesday (Oct. 28), citing unnamed sources. Reached by PYMNTS, an Instacart spokesperson declined to comment on the report. DoorDash did not immediately reply to PYMNTS’ request for comment....

Interviews & Exclusives
PhonePe and Revolut Test the Price of Going Global

October 01, 2026
Digital platforms spread technology and product development across millions of customers, a model that makes adding another market attractive. However, international expansion brings more local infrastructure with it: licenses, regulated entities, bank relationships and connections to domestic payment systems. Recent moves by PhonePe and Revolut provide two examples. As reported last week, PhonePe has received […]

Embedded Payments Emerge as a FinTech M&A Target

September 01, 2026
FinTech buyers looking for growth in a tough funding and software market are finding something valuable inside real estate closings, municipal bills, healthcare practices and commercial banking. The payment is...

FinTechs Face a Tougher Road on Cross-Border Deals

June 23, 2026
Watch more: How Technology Is Transforming Foreign Investment Reviews The questions surrounding a cross-border acquisition don’t stop with ownership or market share. Governments increasingly want to understand what technologies are...

The Credit Union Growth Play That Isn’t About Getting Bigger

June 10, 2026
As consumers increasingly expect banking relationships to combine specialized expertise with digital convenience, financial institutions face a difficult question: how can they preserve the distinct communities that built their franchises...

Quick Reads
DoorDash Will Pay $17 Billion to Acquire Instacart

October 29, 2026
DoorDash is set to acquire online grocery delivery platform Instacart in a deal worth $17 billion. The acquisition, announced Thursday (Oct. 29), creates a combined entity offering grocers and retailer access to DoorDash’s delivery network and Instacart’s grocery and fulfillment technology, the companies said in a Thursday (Oct. 29) news release. “Grocery is one of the hardest things to […]

Kipp Targets US Expansion After LTVCo Acquisition

October 29, 2026
FinTech platform Kipp plans to accelerate its expansion in the United States after being acquired by an investor group led by The Lifetime Value Company (LTVCo) and its founders, the...

Adyen Adds 1,100 Tech and Sales Hires to Capture Growth Opportunities

October 28, 2026
FinTech platform Adyen expects to add as many as 1,100 specialized engineering and go-to-market roles this year to meet the needs of its existing commercial momentum and to capture growth...

Truist Weighs Sale of Insurance Lender Afco Credit

October 26, 2026
Truist is seeking a buyer for specialty lender Afco Credit as the bank sharpens its focus on banking operations, Bloomberg reported Monday (Oct. 26), citing unnamed sources. Afco handles insurance...