acquisitions

Priority Adds Payroll and Benefit Solutions With Acquisition of Rollfi
Priority Adds Payroll and Benefit Solutions With Acquisition of Rollfi
January 24, 2025  |  Acquisitions

Priority Technology Holdings has added new payroll and benefit solutions to its payments and banking solution by acquiring Rollfi. Rollfi enables banks, accountants, vertical software-as-a-service...

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Divvy Homes Sale to Brookfield Is a Cautionary Tale for PropTech Startups
Divvy Homes Sale to Brookfield Is a Cautionary Tale for PropTech Startups
January 23, 2025  |  Acquisitions

The platformization of various industries promises that the digitization of processes and discovery — where supply meets demand — improves the experience. However, not all...

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This Week in B2B: AI Integrations, FinTech Innovations, Back-End Modernizations
This Week in B2B: AI Integrations, FinTech Innovations, Back-End Modernizations
January 23, 2025  |  B2B Payments

To borrow from the adage — if you keep carrying old bricks, you’ll keep building the same house — modernizing B2B processes is growing harder...

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Smartsheet Work Management Platform Sells for $8.4 Billion
Smartsheet Work Management Platform Sells for $8.4 Billion
January 22, 2025  |  Acquisitions

Artificial intelligence-enhanced work management platform Smartsheet was sold for $8.4 billion. The deal, first announced in September and completed Wednesday (Jan. 22), makes Smartsheet a...

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Ally Sells $2.3 Billion Credit Card Business to CardWorks
Ally Sells $2.3 Billion Credit Card Business to CardWorks
January 22, 2025  |  Acquisitions

Ally Financial has sold its credit card business to consumer finance company Cardworks. The deal, announced in a news release Wednesday (Jan. 22), will see CardWorks and its subsidiary Merrick...

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MrBeast Joins Investor Group in Bid to Buy TikTok
MrBeast Joins Investor Group in Bid to Buy TikTok
January 22, 2025  |  Acquisitions

Social media star MrBeast wants to purchase the platform that helped make him famous. The creator, real name Jimmy Donaldson, has joined with a group...

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Circle Acquires USYC Stablecoin Issuer Hashnote
Circle Acquires USYC Stablecoin Issuer Hashnote
January 21, 2025  |  Cryptocurrency

Circle has acquired Hashnote, issuer of the USYC stablecoin incubated by Cumberland Labs. The company announced the deal Tuesday (Jan. 21), noting that Cumberland Labs...

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AI Startups: Mistral Plans IPO; Harvey Eyes $3 Billion Valuation
AI Startups: Mistral Plans IPO; Harvey Eyes $3 Billion Valuation
January 21, 2025  |  Artificial Intelligence

Mistral AI, France’s open-source answer to OpenAI, plans to go public instead of being acquired. “We are not for sale,” CEO and co-founder Arthur Mensch...

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Citi: Corporates Pick Up ‘Gems of Companies’ in Dealmaking Revival
Citi: Corporates Pick Up ‘Gems of Companies’ in Dealmaking Revival
January 21, 2025  |  Acquisitions

Citigroup Head of Banking and Executive Vice Chair Vis Raghavan said a new regulatory regime has companies in the United States shopping for deals. Much...

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