acquisitions

Pinegrove Capital Partners-Affiliated Entity to Buy SVB Capital
Pinegrove Capital Partners-Affiliated Entity to Buy SVB Capital
May 03, 2024  |  Acquisitions

SVB Financial Group has entered into a definitive agreement to sell its investment platform business, SVB Capital. The buyer is a newly created entity affiliated...

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Private Equity Firm Permira Acquires Majority Stake in Fraud Prevention Firm BioCatch
Private Equity Firm Permira Acquires Majority Stake in Fraud Prevention Firm BioCatch
May 02, 2024  |  Acquisitions

Private equity company Permira has acquired a majority stake in Israeli fraud/financial crime prevention provider BioCatch.  The agreement, announced Thursday (May 2), values BioCatch at $1.3...

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Walmart-Vizio Merger Gets FTC Antitrust Scrutiny
Walmart-Vizio Merger Gets FTC Antitrust Scrutiny
April 30, 2024  |  Acquisitions

Federal regulators are examining Walmart’s plan to buy smart television maker Vizio. The Federal Trade Commission (FTC) is conducting an antitrust review of the proposed $2.3 billion merger, Vizio said in a...

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Paystand Acquires Teampay to Create B2B Financial Platform
Paystand Acquires Teampay to Create B2B Financial Platform
April 25, 2024  |  Acquisitions

Blockchain-enabled B2B payments network Paystand has acquired spend management software provider Teampay to create a unified financial platform that covers both accounts receivable (AR) and accounts payable...

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Nvidia to Acquire Run:ai to Help Customers Manage AI Computing Resources
Nvidia to Acquire Run:ai to Help Customers Manage AI Computing Resources
April 24, 2024  |  Acquisitions

Nvidia plans to acquire Israeli startup Run:ai, a Kubernetes-based workload management and orchestration software provider. The chipmaker said in a Wednesday (April 24) blog post that it has...

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Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
April 24, 2024  |  Earnings

Synchrony Financial reported its Q1 earnings Wednesday (April 24), showing broad-based growth throughout its lending and credit platforms, continued momentum in consumer spending and some...

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Smart Devices Lock Doors to Secure Connected Homes
Smart Devices Lock Doors to Secure Connected Homes
April 24, 2024  |  Technology

As the boundaries between physical and digital spaces blur, the traditional home security landscape is undergoing a digital shift, with smart devices assuming an increasingly...

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CFPB Head Wary of Big Credit Card Mergers
CFPB Head Wary of Big Credit Card Mergers
April 24, 2024  |  Credit Cards

America’s leading consumer finance watchdog is skeptical about giant mergers between credit card companies. Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra expressed these worries in a Wednesday...

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ComplyAdvantage Buys Golden to Bolster Financial Crime Fighting Tool
ComplyAdvantage Buys Golden to Bolster Financial Crime Fighting Tool
April 24, 2024  |  Fraud Prevention

Financial crime intelligence provider ComplyAdvantage has acquired tech company Golden. As ComplyAdvantage noted in a Wednesday (April 23) news release sent to PYMNTS, Golden is “automating the construction...

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