Tag archive for ‘Fintech industry news’
By businessnewstoday On Tuesday, October 27th, 2020

Lendesk acquires digital mortgage origination provider Finmo Financial

(adsbygoogle = window.adsbygoogle || []).push({}); Lendesk Technologies, a fintech provider for Canadian mortgage industry professionals, has acquired Finmo Financial Technologies, a digital mortgage More...

By businessnewstoday On Wednesday, October 21st, 2020

Versapay, Solupay merge to strengthen enterprise B2B payments offering

Versapay, a Canada-based order-to-cash solutions provider,  has completed its merger with US-based payment services provider Solupay in a move to bolster its accounts receivable (AR) automation and integrated B2B More...

By businessnewstoday On Saturday, October 17th, 2020

Nigerian fintech company Paystack to be acquired by Stripe

Stripe acquisition of Paystack : American payment technology firm Stripe has signed a deal to acquire Paystack, a Nigerian fintech company, for an undisclosed price. Paystack is said to enable organizations of all More...

By businessnewstoday On Saturday, October 10th, 2020

City Bank, Compass Plus bring interoperable QR code payment solution to Bangladesh

City Bank, a Bangladeshi private commercial bank, has joined forces with UK-based payments technology firm Compass Plus to launch an interoperable QR code payments solution in the Asian country. The QR code payments More...

By Soujanya Ravi On Tuesday, October 6th, 2020

NEC to acquire Swiss fintech company Avaloq for $2.2bn

NEC acquisition of Avaloq : NEC Corporation, a Japanese IT and electronics company, has agreed to acquire Avaloq Group, a Swiss financial software company, for CHF 2.05 billion ($2.27 billion). Avaloq is a provider More...

By Soujanya Ravi On Friday, October 2nd, 2020

Linkly acquires payment platforms of Premier Technologies

Linkly (formerly PC-EFTPOS), an Australian payment solutions provider, has acquired the payment platforms of Melbourne-based Premier Technologies, including MerchantSuite, in a multi-million dollar deal. The acquisition More...

By businessnewstoday On Tuesday, September 22nd, 2020

ASG LegalTech acquires online legal payments platform Headnote

ASG LegalTech, a portfolio firm of Alpine Investors, has acquired California-based Headnote, an online payments platform that offers compliant ePayments and AR management for law companies of all sizes. The financial More...

By businessnewstoday On Saturday, September 19th, 2020

California-based fintech company Affirm raises $500m in Series G round

Affirm, a California-based fintech company, which claims to offer a more flexible and transparent alternative to credit cards, has raised $500 million in a Series G round of funding. Singaporean sovereign wealth More...

By businessnewstoday On Thursday, September 17th, 2020

Deutsche Börse to acquire majority stake in Quantitative Brokers

German capital market company Deutsche Börse said that it will acquire a majority stake in Quantitative Brokers, a provider of advanced execution algorithms and data-driven analytics for global futures, options, More...

By businessnewstoday On Wednesday, September 16th, 2020

Klarna pockets $650m funding for e-commerce payment solutions

Klarna, a Swedish fintech company, which serves as an e-commerce payment solutions platform for merchants and shoppers, has pocketed $650 million in a new funding round, to further speed up its global expansion. Technology More...