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.
Singapore Life moves into payments with Yolopay acquisition
Life insurance company Singapore Life has acquired Yolopay, supporting its move into the prepaid card sector.
German challenger bank Fidor acquired by France’s BPCE
German online bank Fidor Bank has been acquired by Groupe BPCE, Frances second-largest banking group. The price of the deal is undisclosed.
H.I.G. Capital acquires software developer Velocity Solutions
Velocity Solutions, a software developer for banks, has been acquired by private equity firm H.I.G. Capital.
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.
Contego snaps up Right-to-Work solution Working Status
UK RegTech platform Contego has acquired compliance software maker Working Status. The financial terms of the deal are undisclosed
Black Dragon sells stake in Indus to Ebix for $29m
Private equity firm Black Dragon Capital has sold its share in Indus Software Technologies to Ebix, in a deal worth $29m.
KPMG ups FinTech game with Matchi acquisition
Professional services giant KPMG is building out its FinTech offering further with the acquisition of innovation and company matchmaking platform Matchi.
Payments challenger Airwallex confirms unicorn status with DST Global-led Series C round
Cross-border payments challenger Airwallex has confirmed its unicorn status by passing a $1bn valuation through its latest funding round.
ADP acquires workforce management company WorkMarket
Workforce management company WorkMarket has been acquired by ADP, for an undisclosed amount.