Why is Pablo Escobar’s brother suing Klarna?
A Columbian drug lord's brother and the biggest privately-owned FinTech in Europe could be heading towards a legal battle threatening to delay Klarna's public listing.
Klarna picks up team and tech of bankrupt Cookies
Swedish payments processor Klarna is acquiring the technology and team behind bankrupt peer-to-peer payments app Cookies. No price is disclosed on the deal.
Verscend Technologies acquires Cotiviti Holdings in $4.9bn deal
Cotiviti Holdings, a payment accuracy and analytics solution, has been acquired by data-driven healthcare solution developer Verscend Technologies in a deal worth $4.9bn in cash.
Uber-rival Grab snatches Kudo to power up payments
South-East Asian Uber-rival Grab is boosting its payments powers with the acquisition of e-commerce and payments service Kudo.
Meniga acquires customer rewards app Wrapp
RegTech company Meniga has acquired Sweden-based customer rewards platform Wrapp, for an undisclosed amount.
Sychronoss Technologies sells its Intralinks subsidiary for $1bn
Cloud, messaging and digital solution provider Synchronoss Technologies has sold its wholly owned subsidiary Intralinks to Siris Capital Group in a deal worth $1bn.
Thoma Bravo to buy RealPage for $9.6bn
Thoma Bravo has reportedly struck a deal to buy RealPage, a property management software developer, in a $9.6bn deal.
Standard Banks takes over mobile payments player Firepay
South African financial services giant Standard Bank has taken a majority stake in regional mobile payments player Firepay.
PINTEC said to file for $70m IPO on NASDAQ
PINTEC, a FinTech solution developer, has reportedly filed a $70m IPO on the Nasdaq.
Wyre scoops up Chinese remittance startup Remitsy
Blockchain-based cross-border payments startup Wyre is acquiring Beijing-based business payments service Remitsy. The financial terms of the deal are undisclosed.
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