M&A

Payoneer has recently announced the asset acquisition of data platform, Spott, for what is an undisclosed fee. 

Independence Pet Group (IPG) announced plans to acquire Felix, advertised as the only pet insurance brand just for cats in the US.

Ebury, a prominent global FinTech firm based in London, recently announced its acquisition of Prime Financial Markets, a South Africa-based financial services provider specialising in treasury and financial market advisory and intermediary services.

Allianz Direct, a subsidiary of the German insurance giant Allianz, is reportedly on the brink of acquiring the beleaguered French InsurTech Luko for approximately €5m.

Public has recently acquired Stocktwits, with the deal aimed at expanding the former's brokerage services. 

Francisco Partners, a global investment firm, has acquired SaaS analytics platform Sumo Logic in a deal that values the business at $1.7bn.

The Canada Life Assurance Company is to acquire Investment Planning Counsel (IPC) an independent wealth management firm from IGM Financial.

FinTech firm Ramp has announced the acquisition of Cohere.io, a leading AI-powered customer support platform.

Velo Payments has announced that it has purchased YapStone, as both companies aim to deliver a seamless global payment experience.

Allianz, a prominent insurance provider, has recently announced its agreement to acquire Tua Assicurazioni from Assicurazioni Generali in a deal valued at €280m.