Tag archive for ‘Fintech industry news’
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

(adsbygoogle = window.adsbygoogle || []).push({}); US-based software company Tyler Technologies has agreed to acquire NIC Inc., a Kansas-based digital government solutions and payments company listed 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...

PNC Bank to acquire payment gateway provider Tempus Technologies
By businessnewstoday On Thursday, January 28th, 2021
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PNC Bank to acquire payment gateway provider Tempus Technologies

Pennsylvania-based PNC Bank, a subsidiary of PNC Financial Services Group, has agreed to acquire Tempus Technologies, a payment gateway provider that caters to businesses with its payment-processing solutions. The More...

MSCP wraps up $330m sale of majority stake in Hojeij Branded Foods to Lagardere
By businessnewstoday On Wednesday, January 27th, 2021
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Farmers Insurance acquires minority stake in fintech company Jetty

Farmers Insurance has acquired a minority stake in Jetty, a US-based fintech company, for an undisclosed price. Jetty is said to have designed a solution to help property managers increase their lease conversion, More...

RBL Bank to use Infosys Finacle digital banking solution for cloud migration
By businessnewstoday On Wednesday, December 16th, 2020
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RBL Bank to use Infosys Finacle digital banking solution for cloud migration

Indian private lender RBL Bank will use the Infosys Finacle digital banking solution suite to migrate from an on-premise deployment to a modern cloud native computing foundation (CNCF) certified, Kubernetes managed, More...

Paysafe SPAC merger - Online payments company Paysafe to merge with SPAC Foley Trasimene
By businessnewstoday On Monday, December 7th, 2020
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Online payments company Paysafe to merge with SPAC Foley Trasimene

Paysafe SPAC merger : UK-based online payments company Paysafe Group is set to go public by merging with Foley Trasimene Acquisition Corp. II in a deal that values the former at around $9 billion. The special purpose More...

MSCP wraps up $330m sale of majority stake in Hojeij Branded Foods to Lagardere
By businessnewstoday On Saturday, December 5th, 2020
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WorldRemit introduces USD payout option in Nigeria

WorldRemit said that its customers in Nigeria can now receive remittances in foreign currency (USD) via its cash pick up providers. The UK-based digital cross-border payments firm said that after the recent announcement More...

Sameer Nigam - Founder and CEO of PhonePe
By businessnewstoday On Saturday, December 5th, 2020
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Flipkart to partially spin-off Indian digital payment platform PhonePe

Indian e-commerce company Flipkart said that it will carry out a partial spin-off of Indian payment app PhonePe. Founded nearly four years ago, PhonePe is said to have surpassed 250 million registered users, with More...

Affirm acquisition of PayBright
By businessnewstoday On Friday, December 4th, 2020
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Affirm to acquire Canadian buy-now-pay-later provider PayBright for $264m

Affirm acquisition of PayBright : US based pay-over-time platform Affirm has agreed to acquire PayBright, a Canadian buy-now-pay-later provider for around CAD $340 million ($264 million) in a cash-cum-stock deal. The More...