Singapore Life moves into payments with Yolopay acquisition
Life insurance company Singapore Life has acquired Yolopay, supporting its move into the prepaid card sector.
Silver Lake makes $500m secondaries investment in personal finance platform Credit Karma
Personal finance platform Credit Karma has received a $500m strategic secondaries investment from Silver Lake.
Qenta acquires Noble Money in mission for financial inclusion
Qenta, a financial infrastructure platform, has acquired Noble Money, an international remittance platform, to improve financial inclusion in emerging markets.
CashFlow scoops up payments firm iCheque
Cambridge-based CashFlow is acquiring fellow Silicon Fen payments solution iCheque Network. The terms of the deal are undisclosed.
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.
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.
Affirm’s stocks soar on first day of trading and pave way for massive growth...
Affirm began trading on the Nasdaq on Wednesday with its shares jumping by more than 100% in the first day, laying the groundwork for huge growth in the buy now pay later space.
Payment processor First Data to sell 64 million Class A stock
POS system and credit card processing system First Data Corporation has agreed to sell 64 million shares of Class A common stock.
Ant Financial buys US remittance firm MoneyGram for $880m
Chinese FinTech giant Ant Financial is acquiring US money transfer service MoneyGram in an $880m deal. Ant Financials’ core product is payments service Alipay.
LenderLive agrees to sell Network division to Computershare
LenderLive Holdings has entered an agreement to sell its LenderLive Network division to Computershare Loan Services, a mortgage servicing solution.
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