acquisitions

EU Neobanks Lean on Innovation, Consolidation to Bolster Growth

EU Neobanks Lean on Innovation, Consolidation to Bolster Growth
EU Neobanks Lean on Innovation, Consolidation to Bolster Growth
June 29, 2022  |  Banking

In the early days of Europe’s neobank revolution, the continent’s 750 million+ inhabitants provided what felt like an unlimited pool of customers for a generation...

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Robinhood Jumps After News of Possible FTX Purchase
Robinhood Jumps After News of Possible FTX Purchase
June 27, 2022  |  Acquisitions

Shares of trading app Robinhood rose 14% Monday (June 27) following news that it might be purchased by cryptocurrency exchange FTX. Get the Full Story...

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Foot Locker to Sell Eastbay Brand to BSN Sports
Foot Locker to Sell Eastbay Brand to BSN Sports
June 27, 2022  |  Retail

Sporting goods and apparel company BSN Sports is set to acquire high school and college athletic wear provider Eastbay Team Sales from Foot Locker, the...

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Looming Recession Curbs Global M&A Activity, as Q2 US Activity Slows 40%
Looming Recession Curbs Global M&A Activity, as Q2 US Activity Slows 40%
June 26, 2022  |  Acquisitions

Global deal-making is entering tumultuous waters, as various factors like inflation and a stock market rout make corporate boards less willing to expand through acquisitions,...

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Today in the Connected Economy: Amazon Gives Alexa a Promotion
Today in the Connected Economy: Amazon Gives Alexa a Promotion
June 24, 2022  |  Connected Economy

Today in the Connected Economy, Amazon looks ahead with Alexa, Candymaker Mars joins the NFT parade, a pair of senators reintroduce the Payment Choice Act...

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Today in FinTech: Revolut Brings BNPL to Ireland; NerdWallet Picks up On the Barrelhead; Senators Reintroduce Payments Choice
Today in FinTech: Revolut Brings BNPL to Ireland; NerdWallet Picks up On the Barrelhead; Senators...
June 24, 2022  |  Technology

In today’s FinTech news, Revolut is testing the BNPL waters in Ireland, while senators try again with the Payment Choice Act. Plus, NerdWallet signed an...

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Crypto Exchange FTX Looking to Add BlockFi Stake to Portfolio
Crypto Exchange FTX Looking to Add BlockFi Stake to Portfolio
June 24, 2022  |  Cryptocurrency

Cryptocurrency exchange FTX is in talks to acquire a stake in crypto lender BlockFi after giving it a $250 million credit line this week, people...

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Zomato Buying Grocery Delivery Startup Blinkit for $568M
Zomato Buying Grocery Delivery Startup Blinkit for $568M
June 24, 2022  |  Acquisitions

Indian food delivery firm Zomato is buying local grocery delivery startup Blinkit for 44.47 billion rupees ($568.2 million) in an all-stock deal as part of...

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Embedded FinTech Startup Colendi Acquires Blockchain Firm SETL
Embedded FinTech Startup Colendi Acquires Blockchain Firm SETL
June 24, 2022  |  Acquisitions

Multifunctional banking as a service (BaaS) platform Colendi is acquiring blockchain settlements and payments provider SETL for undisclosed terms, according to media reports on Friday...

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