Brex acquires bookkeeping software firm Pry Financials for $90m
Pry CEO Andy Su says: “With Brex’s scale and reach, we can have a much bigger impact right away.”
Pry CEO Andy Su says: “With Brex’s scale and reach, we can have a much bigger impact right away.”
PayU has invested more than $1 billion in fintech companies to date.
The new combined entity will operate under the MYPINPAD brand and will double its global footprint.
Ant Group will become a majority shareholder of 2C2P.
Bolt will integrate Wyre’s crypto stack, giving developers blockchain protocols to build financial products.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The firm has acquired Chile’s Paygol and Colombia’s Pago Digital.
The acquisition of Bank Bisnis will allow FinAccel to offer digital banking and larger loans to Indonesians.
French banking group Crédit Mutuel Arkéa will remain a minority shareholder in the firm.
GDC is a global provider of identity verification data to support clients with know your customer (KYC) requirements.
Oxbury Bank is a start-up bank in the UK focused on the agricultural sector.
Signicat CEO says: “We now look forward to the next phase of our international expansion.”
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The acquisition follows Papaya Global’s $250 million Series D funding round last September.
The deal is subject to shareholder and regulatory approval and is expected to be completed by Q3 2022.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
DonatePal co-founder Zishan Sheikh will also join Toucan as a board advisor.
The transaction is expected to be completed in the second half of 2022.
The deal will see Medius open a new corporate office in Q2 2022 in Jacksonville, Florida.
Alkami intends to integrate Segmint’s machine learning tech with its digital banking capabilities.
Founded in 2016, Instabank claims more than 60,000 customers in Norway, Finland and Germany.
Kneip provides fund data management and regulatory reporting solutions for the asset management industry.
Credit Kudos leverages machine learning to provide lenders an alternative to traditional credit scores.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The two companies were founded alongside each other in 2016 but developed as separate entities.
The US’s sixth largest independent acquirer has snapped up the long-standing merchant gateway specialist.
BETA, Maxit and Digital Investor (collectively known as BETA+) have been sold to Clearlake Capital and Motive Partners.
The companies have announced the mutual termination of a previously announced acquisition agreement.
RCM-X is a technology provider of algorithmic execution strategies and quantitative trading products.
Global Shares is 40% owned by Motive Partners, which bought the stake in 2018 for $25 million.
The acquisition will enable Chari to launch buy now, pay later (BNPL) services.
IDS is expected to generate revenues worth approximately $15 million in 2022.
The deal is expected to close by the end of Q1 2022.
NCR says the deal will accelerate its push into open and international digital banking.
The Alpha Fintech takeover will extend PPRO’s reach to Asia Pacific.
LHV CEO says growing its payment services business has become an important part of the firm’s growth strategy.
The deal values Sezzle at approximately $360 million (AUD 491 million).
Our weekly fintech round-up for you to get the latest funding news.
Boku CEO says the sale will allow the firm “to focus on developing our mobile payments solutions”.
The company also confirmed the acquisition of cryptocurrency fundraising platform The Giving Block.