acquisitions

Raisin Bank Expands Into Payments Space With Bankhaus August Lenz Acquisition
Raisin Bank Expands Into Payments Space With Bankhaus August Lenz Acquisition
June 23, 2022  |  Acquisitions

Frankfurt-based Raisin Bank AG is acquiring the payment services division of Bankhaus August Lenz & Co AG, per a Thursday (June 23) press release. The...

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Well-Funded Crypto Survivors Smell Blood in the Water
Well-Funded Crypto Survivors Smell Blood in the Water
June 23, 2022  |  Cryptocurrency

When cryptocurrency exchange Binance.US announced it was offering zero-fee trades on bitcoin, the results were predictable. Its biggest competitor, Nasdaq-listed Coinbase, saw its already crumbling...

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Pine Labs Acquires Setu in Reported $70M to $75M Deal 
Pine Labs Acquires Setu in Reported $70M to $75M Deal 
June 23, 2022  |  Acquisitions

Merchant commerce omnichannel platform company Pine Labs is acquiring application programming interface (API) infrastructure startup Setu to bolster its suite of digital payments and lending products, according to a...

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eBay Adds Marketplace KnownOrigin to Growing NFT Empire
eBay Adds Marketplace KnownOrigin to Growing NFT Empire
June 22, 2022  |  NFTs

Global commerce giant eBay has acquired non-fungible token (NFT) marketplace KnownOrigin, its latest foray into the space, according to a company press release Wednesday (June...

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Saudi Arabian Home Appliance Maker Shaker Eyes 40% Stake in BNPL Firm Cashew Payments
Saudi Arabian Home Appliance Maker Shaker Eyes 40% Stake in BNPL Firm Cashew Payments
June 21, 2022  |  Investments

Al Hassan Ghazi Ibrahim Shaker Company, based in Saudi Arabia, has agreed to acquire a 40% stake in buy now, pay later (BNPL) firm Cashew...

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Today in Crypto: Binance.US Hopes to Raise Another $50M; Crypto Donors Doubled-Down on Funding in US Politics Through May
Today in Crypto: Binance.US Hopes to Raise Another $50M; Crypto Donors Doubled-Down on Funding in...
June 21, 2022  |  Cryptocurrency

Crypto exchange FTX announced Tuesday (June 21) that it’s buying Embed Financial Technologies, which will give it Embed’s white-label brokerage services and application programming interfaces...

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Today in Food Commerce: Kellogg Splits Into Three; Krispy Kreme Launches Ice Cream
Today in Food Commerce: Kellogg Splits Into Three; Krispy Kreme Launches Ice Cream
June 21, 2022  |  Commerce

Today in food commerce, Kellogg divides into three independent, publicly traded companies, while Mondelēz International acquires Clif Bar. Plus, Krispy Kreme rolls out ice cream,...

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Global-e Acquires Borderfree, Expanding Cross-Border Operations
Global-e Acquires Borderfree, Expanding Cross-Border Operations
June 21, 2022  |  Acquisitions

Cross-border end-to-end platform Global-e agreed to acquire Borderfree, a cross-border eCommerce solutions business, from Pitney Bowes, according to a Tuesday (June 21) joint press release,...

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PYMNTS AM Radar: Musk Coin Love; Survivor FinTech; Meta Taste Buds; Smart Tech; ICYMI
PYMNTS AM Radar: Musk Coin Love; Survivor FinTech; Meta Taste Buds; Smart Tech; ICYMI
June 21, 2022  |  News

Today is Tuesday, June 21 and it’s the first day of summer and the longest day of the year. While this would normally be a...

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