acquisitions

FinTech Winter May Lead Banks to Increase Acquisitions
FinTech Winter May Lead Banks to Increase Acquisitions
November 17, 2022  |  Acquisitions

Banks looking to boost their digital capabilities reportedly may be taking a closer look at acquisitions of FinTechs. That’s becoming an attractive play as interest...

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SPAC Deal Values Digital Virgo at $513M
SPAC Deal Values Digital Virgo at $513M
November 17, 2022  |  SPAC

Digital Virgo Group, a French corporation that operates a digital monetization platform for the entertainment, sports and lifestyle sectors, announced it will list publicly on...

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SMB Financial Automation Firm BILL Buys Finmark and Aims to Expand
SMB Financial Automation Firm BILL Buys Finmark and Aims to Expand
November 16, 2022  |  Acquisitions

Financial automation software provider BILL announced Wednesday (Nov. 16) that it has completed its acquisition of SMB financial planning company Finmark. BILL first revealed the...

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Elon Musk Says He Will Reduce Time at Twitter After Restructuring
Elon Musk Says He Will Reduce Time at Twitter After Restructuring
November 16, 2022  |  Acquisitions

Elon Musk has reportedly told a court that he aims to finish an organizational restructuring of Twitter this week and eventually find a new leader for the...

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Potential Buyout Deal of Crypto Lender Salt Falls Through After FTX Collapse
Potential Buyout Deal of Crypto Lender Salt Falls Through After FTX Collapse
November 15, 2022  |  Acquisitions

Bitcoin and crypto securities firm Bnk To The Future has terminated its previously announced effort to acquire crypto-backed lending platform Salt Lending, citing fallout from...

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Fortis Buys Payment Logistics to Expand Tech Offerings
Fortis Buys Payment Logistics to Expand Tech Offerings
November 15, 2022  |  Acquisitions

Embedded payments company Fortis is expanding its technology offerings by purchasing California payment technology firm Payment Logistics. “Founded in 2003 to provide reliable and secure...

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Opn Enters US Payments Market With $400M MerchantE Deal
Opn Enters US Payments Market With $400M MerchantE Deal
November 15, 2022  |  Acquisitions

Japanese FinTech unicorn Opn has entered the American payments market with its purchase of MerchantE, a B2B digital commerce platform. “With the acquisition, Opn’s global...

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Autonation Looks to Boost Digital Reach With Stake in TrueCar
Autonation Looks to Boost Digital Reach With Stake in TrueCar
November 15, 2022  |  Retail

Aiming to collaborate on the development of new digital tools, automotive retailer AutoNation has acquired a 6.1% minority ownership stake in automotive digital marketplace TrueCar....

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Musk: Twitter Blue ‘Probably’ Returning Within a Week
Musk: Twitter Blue ‘Probably’ Returning Within a Week
November 13, 2022  |  Subscriptions

Twitter Blue’s hiatus will be a short one, the platform’s CEO said, as the social media program looks to the subscription service to rescue it...

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