Tag archive for ‘Fintech industry news’
Airtel Africa secures $100m investment from Mastercard for mobile money business - Airtel Mobile Commerce
By businessnewstoday On Monday, April 5th, 2021
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Airtel Africa secures $100m investment from Mastercard for mobile money business

(adsbygoogle = window.adsbygoogle || []).push({}); Airtel Africa has secured an investment of $100 million for its mobile money business – Airtel Mobile Commerce (AMC BV) from Mastercard in More...

Enova International acquires payments platform Pangea Universal
By businessnewstoday On Sunday, March 21st, 2021
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Enova International acquires payments platform Pangea Universal

Enova International, a financial technology company, has acquired Pangea Universal, a payments platform based in Chicago that provides mobile international money transfer services. The financial terms of the deal More...

Airtel Africa secures $200m investment for mobile money business from TPG
By businessnewstoday On Thursday, March 18th, 2021
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Airtel Africa secures $200m investment for mobile money business from TPG

Airtel Africa has secured an investment of $200 million for its mobile money business – Airtel Mobile Commerce (AMC BV) from TPG’s global impact investing platform The Rise Fund. Currently, Airtel Mobile More...

Equals ties up with Tap Global to offer crypto currency exchange services
By businessnewstoday On Monday, March 1st, 2021
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Equals ties up with Tap Global to offer crypto currency exchange services

Equals, a payments group focused on the SME marketplace, has entered into a partnership with Tap Global to offer crypto currency exchange services to its B2B and B2C customer bases. According to Equals, its strategy More...

Kotak Mahindra Bank acquires stake in new fintech company Ferbine
By businessnewstoday On Friday, February 26th, 2021
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Kotak Mahindra Bank acquires stake in new fintech company Ferbine

Kotak Mahindra Bank will acquire a stake of 9.99% for INR 49,950 in Ferbine Private Limited, a new fintech company promoted by Tata Sons. The Indian private sector lender will subscribe to 4,995 equity shares in More...

SBI Payments to roll out YONO Merchant App for Indian merchants
By businessnewstoday On Monday, February 22nd, 2021
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SBI Payments to roll out YONO Merchant App for Indian merchants

State Bank of India (SBI) subsidiary SBI Payments said that it will roll out the YONO Merchant App for offering low-cost digital payments infrastructure to merchants. YONO Merchant App is expected to grow digitization More...

MoneyLion to go public via $2.4bn merger with Fusion Acquisition
By businessnewstoday On Saturday, February 13th, 2021
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MoneyLion to go public via $2.4bn merger with Fusion Acquisition

MoneyLion, a US-based fintech company, has agreed to merge with Fusion Acquisition Corp., a special purpose acquisition company, in a deal that values the combined company at $2.4 billion. The deal will enable MoneyLion More...

Tyler Technologies acquisition of NIC
By businessnewstoday On Wednesday, February 10th, 2021
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Tyler Technologies to acquire digital gov solutions and payments firm NIC

US-based software company Tyler Technologies has agreed to acquire NIC Inc., a Kansas-based digital government solutions and payments company listed on NASDAQ as EGOV, in an all-cash transaction worth around $2.3 More...

GoDaddy completes $345m acquisition of payments processor Poynt
By businessnewstoday On Tuesday, February 9th, 2021
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GoDaddy completes $345m acquisition of payments processor Poynt

Web hosting company GoDaddy has completed its previously announced acquisition of payments processing company Poynt in a deal worth about $345 million. GoDaddy said that the acquisition will expand its commerce More...

MSCP wraps up $330m sale of majority stake in Hojeij Branded Foods to Lagardere
By businessnewstoday On Thursday, February 4th, 2021
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Online payment firm Payoneer to go public through $3.3bn merger with FTAC Olympus

Payoneer, an online payment startup, has agreed to merge with FTAC Olympus Acquisition (FTOC), a special purpose acquisition company, in a deal valuing the combined firm at around $3.3 billion. The combined company More...