Otonomo to merge with Urgently for mobility and insurance platform
Otonomo Technologies, a platform powering the mobility economy, is to merge with US-based roadside and mobility assistance technology and services company Urgently to create a platform for mobility, insurance, and other services.
Cross Switch buys 50% stake in Morocco-based FinTech Vantage Payment Systems
Cross-border payments company Cross Switch has acquired a 50% stake in Vantage Payment Systems, a FinTech aiming to democratise payments in Morocco.
Lombard Odier selects KYND for portfolio risk management
KYND, a provider of next-generation cyber risk management technology and services, has been selected by Lombard Odier Investment Managers for its portfolio risk management solution.
Francisco Partners acquires SaaS analytics platform Sumo Logic
Francisco Partners, a global investment firm, has acquired SaaS analytics platform Sumo Logic in a deal that values the business at $1.7bn.