Tag : Acquisition

Bambu Acquires Investment Management Technology Provider Tradesocio to Accelerate Global Growth
Investments News Trading

Bambu Acquires Investment Management Technology Provider Tradesocio to Accelerate Global Growth

Fintech News Desk
The acquisition of Tradesocio will extend Bambu’s digital wealth capabilities, doubling the number of employees to 130 and further accelerating global expansion  Bambu is pleased to announce the acquisition of Tradesocio, a WealthTech company with 65 employees, specialising in investment management and trading technologies with offices in Singapore, India, and Dubai. This acquisition......
Klarna Acquires HERO to Bring Best of in-Store Experience to Social Shopping For Its 90m Consumers
E-commerce News

Klarna Acquires HERO to Bring Best of in-Store Experience to Social Shopping For Its 90m Consumers

Fintech News Desk
Klarna, a leading global retail bank, payments and shopping service, announces the acquisition of HERO, a social shopping platform designed to provide consumers with inspiration, advice and immediately shoppable content produced directly from retailers’ physical stores. Klarna will introduce HERO to its 250,000 retail partners, allowing their in-store teams to......
Prophecy DeFi Announces Acquisition of 60% of Layer2 Blockchain
Digital Finance Fintech Investments News

Prophecy DeFi Announces Acquisition of 60% of Layer2 Blockchain

Fintech News Desk
Prophecy DeFi Inc. is pleased to announce that, further to its press release of June 8, 2021, it has completed the previously announced acquisition of 60% of the issued and outstanding common shares of Layer2 Blockchain Inc. (“Layer2“). As consideration for the Transaction, the Company issued an aggregate of 25,000,000 common shares of......
Cart.com Acquires Leading Digital Consultancy DuMont Project to Accelerate DTC Growth Marketing
Commerce Digital E-commerce News

Cart.com Acquires Leading Digital Consultancy DuMont Project to Accelerate DTC Growth Marketing

Fintech News Desk
Ecommerce disruptor grows headcount to over 140, expands teams across four offices, and adds top direct-to-consumer marketing talent Cart.com, the first end-to-end ecommerce software and services provider, announced the acquisition of DuMont Project, a Los Angeles-based full-service omnichannel growth marketing consultancy trusted by Fortune 50 companies, major apparel, beauty, and......
Zip Co Moves into European and Middle Eastern Markets
Finance Fintech News

Zip Co Moves into European and Middle Eastern Markets

Fintech News Desk
The buy now pay later (BNPL) service provider continues its global expansion with the acquisition of two more international BNPL companies Sydney-based consumer finance fintech, Zip Co, has announced it will invest more than $160 million to take full ownership of two BNPL companies which it previously owned minority stakes in. As the......
Circle to Go Public Through a Business Combination With Concord Acquisition Corp, Supported by Over $1.1 Billion in Capital
Cryptocurrency Digital Fintech News

Circle to Go Public Through a Business Combination With Concord Acquisition Corp, Supported by Over $1.1 Billion in Capital

Fintech News Desk
– Circle to become public via a business combination with Concord Acquisition Corp (NYSE: CND), a publicly-traded special purpose acquisition corporation with $276 million in trust. – The transaction values Circle at $4.5 billion. Upon completion of the transaction, existing Circle shareholders will maintain approximately 86% ownership of the public......
Fintech Acquires Cloud-Based Business Intelligence Provider STX Business Solutions
Fintech News

Fintech Acquires Cloud-Based Business Intelligence Provider STX Business Solutions

Fintech News Desk
Financial Information Technologies, LLC (“Fintech”), the leading business solutions provider for the beverage alcohol industry, announced its acquisition of STX Business Solutions, a powerful web-based data management platform for the CPG and retail industry built on Microsoft Power BI. Through this addition, Fintech continues to fuel the growth of its......
Lendesk Launches Innovative Tool Enabling Mortgage Brokers to Submit Applications Directly to Lenders and Win Tesla Model 3
Fintech News

Lendesk Launches Innovative Tool Enabling Mortgage Brokers to Submit Applications Directly to Lenders and Win Tesla Model 3

Fintech News Desk
Brokers who try Lender Connect to be given an entry to win a Tesla Model 3 each time they submit an application using the new tool Lendesk Technologies, the premier FinTech provider for Canada’s mortgage professionals, and a part of Rocket Companies, announced the launch of Lender Connect – the culmination......
Dentsu Group Strengthens Merkle’s Experience and Commerce Capabilities With LiveArea Acquisition
Commerce News

Dentsu Group Strengthens Merkle’s Experience and Commerce Capabilities With LiveArea Acquisition

Fintech News Desk
Dentsu Group Inc. announced that it has entered an agreement to acquire LiveArea, a global customer experience and commerce agency, subject to customary closing conditions. LiveArea is a division of PFSweb Inc. LiveArea will join Merkle, a leading technology-enabled, data-driven customer experience management (CXM) company within Dentsu Group’s international business,......
Watco Announces Investment Partnership
Investments News

Watco Announces Investment Partnership

Fintech News Desk
Watco is pleased to announce they have entered into a strategic equity relationship with a global investment management firm, who will provide Watco with proceeds from a new Series E perpetual preferred equity security. This new investment will allow Watco to refinance part of its capital structure while also providing......
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