Root launches its IPO with shares priced at $27 each

October 30, 2020

Root, the parent company of digital car insurance platform Root Insurance, launched its initial public offering and its shares exceeded expectations.

Visa’s acquisition of Plaid could be in jeopardy due to antitrust concerns

October 28, 2020

Visa bought Plaid in January as part of a $5.3bn deal, but now fears about it creating a monopoly situation could make regulators put a stop to the acquisition.

Wirecard North America sold to Syncapay

October 26, 2020

Syncapay has announced that it has bought Wirecard North America, marking another page in the story of the collapse of the scandal-ridden former FinTech giant.

Finastra acquires PropTech Doorr

October 22, 2020

FinTech powerhouse Finastra has acquired Doorr, a provider of cloud-based point-of-sale mortgage application software used by brokers to improve the mortgage experience.

Root Insurance files for IPO

October 9, 2020

Hot on the heels of Lemonade's IPO this summer, Root has now added its name to the list of InsurTechs going public in 2020.

FinTech sector welcomes Crowdcube and Seedrs merger

October 6, 2020

Despite some concerns about what it could mean for competition, the FinTech sector is seemingly happy about the announced merger between Crowdcube and Seedrs.

Breaking: Crowdcube and Seedrs to merge

October 5, 2020

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.

New SIA and Nexi merger poised

October 5, 2020

Italy's digital payment scene could've just received a power boost after two native leaders in the sector, Nexi and SIA, inked a memorandum of understanding to merge.

illimity Bank buys 50% of Fabrick’s stake in HYPE Money

September 23, 2020

illimity Bank and Fabrick have entered an agreement to the shared ownership of open banking platform HYPE Money.

Yandex agreed to buy challenger bank Tinkoff in $5.48bn deal

September 23, 2020

Having responded to media speculation about an upcoming deal, Tinkoff has revealed that it has inked an agreement with Russian tech giant Yandex to allow the later to buy the neobank in a $5.48bn deal.