Future FinTech Group closes direct offering to the tune of $15m
E-commerce venture Future FinTech Group has closed the registered direct offering of three million share of its common stock at a purchase price of $5.00 per share on January 13, 2021.
Meituan-Dianping buys payments startup Qiandai
Chinese group deals and online-to-offline (O2O) platform Meituan-Dianping has acquired payments startup Qiandai.
Softbank looks to sell Snapdeal’s FreeCharge for less than 50%
Japanese web giant and investor SoftBank is reportedly in talks to sell Snapdeal-owned mobile wallet FreeCharge for as little as $150m to $200m.
Blackfin to sell stake in Finanzen to Eli Global
Blackfin Capital Partners have agreed to sell online marketplace for customer leads Finanzen to Eli Global.
PINTEC said to file for $70m IPO on NASDAQ
PINTEC, a FinTech solution developer, has reportedly filed a $70m IPO on the Nasdaq.
AnaCap set to exit French insurance broker AOG
AnaCap Financial Partners has entered an exclusivity arrangement to sell its French insurance broker AssurOne Group to Societe Centrale Prevoir SA.
Arch Insurance acquires MGS InsurTech Ventus Risk Management
Arch Insurance North America has acquired analytics-driven managing general underwriter Ventus Risk Management.
Sapiens acquires InsurTech sum.cumo in €28.4m deal
InsurTech provider Sapiens International Corporation has bought a German startup to boost its digital offering and to push further into Germany, Austria and Switzerland.
The coronavirus represents a “return to chaos” that could benefit FinTech companies
COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.
Breaking: Crowdcube and Seedrs to merge
Leading crowdfunding platforms Crowdcube and Seedrs are going to merge in a new deal, creating one of the world’s arguably largest private equity marketplaces.
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