Tag archive for ‘Fintech industry news’
By businessnewstoday On Tuesday, January 14th, 2020

Visa to acquire US fintech company Plaid for $5.3bn

(adsbygoogle = window.adsbygoogle || []).push({}); Visa acquisition of Plaid : Digital payments giant Visa has signed a $5.3 billion deal to acquire California-based fintech company Plaid as per the More...

By businessnewstoday On Wednesday, November 13th, 2019

Visa Everywhere Initiative launched for Indian fintech companies

Payments technology giant Visa has launched Visa Everywhere Initiative (VEI) in India, a global innovation program to select fintech companies to solve the payment and commerce challenges of the future. Visa Everywhere More...

By Raghuram Kadari On Saturday, September 21st, 2019

Stripe lands $250m funding, creates $35bn fintech startup

Stripe funding round : US online payments company Stripe has raised $250 million in new funding round, creating a fintech company with an enterprise value of $35 billion, as per the latest fintech industry news. The More...

By businessnewstoday On Sunday, September 8th, 2019

Experian acquires Look Who’s Charging to strengthen open data offering

Experian, an Irish consumer credit reporting company, acquired Look Who’s Charging, an Australian fintech startup, for an undisclosed sum to strengthen its open data offering. The acquisition was made by its subsidiary More...

By Raghuram Kadari On Tuesday, September 3rd, 2019

Wirecard, Brightstar partner to digitize financial processes worldwide

German fintech company Wirecard has entered into a memorandum of understanding with Brightstar, a device lifecycle management company, to collaborate in the areas of digital consumer lending, payment acceptance More...

By Raghuram Kadari On Thursday, August 29th, 2019

Temenos to acquire Kony to advance digital front office product Temenos Infinity

Temenos acquisition of Kony : Temenos, a Swiss banking software company, has agreed to acquire Kony, a US-based digital banking SaaS company, for an enterprise value of $559 million and an earn-out of $21 million. Kony More...

By Raghuram Kadari On Wednesday, August 28th, 2019

Raisin acquires fairr, forays into pension market

Raisin acquisition of fairr : Open banking fintech Raisin has acquired fairr, a German-based retirement savings specialist, in a transaction involving shares as well as cash, as per the latest fintech industry news. The More...

By businessnewstoday On Monday, August 5th, 2019

KKR to buy majority stake in German payment processing company heidelpay

Fintech industry news : Global investment firm KKR has agreed to acquire a majority stake in German payment processing company heidelpay Group from European financial services specialist investor AnaCap Financial More...

By Raghuram Kadari On Tuesday, July 30th, 2019

Brazilian fintech Nubank rakes in $400m in Series F investment round

Fintech industry news : Brazilian fintech Nubank, a financial technology provider in Latin America, has raised $400 million in its Series F investment round, marking the largest funding round raised till date by More...

By businessnewstoday On Sunday, July 21st, 2019

US online money transfer company Remitly raises $220m

Fintech industry news : Seattle based online money transfer company Remitly has raised $220 million of new capital through a combination of equity financing and debt financing for enhancing its financial products More...