Swedish online rental marketplace Hygglo has acquired U.K.-based rental platform Fat Llama for $41.5 million. Both platforms operate a similar model that allows users to...
Remitly, a global finTech that provides digital remittance solutions, announced Tuesday (Aug. 16) that it has signed a definitive agreement to acquire Rewire, an Israeli-based...
Norwegian personal finance company Axo announced Tuesday (Aug. 16) that it has acquired Defero, a digital credit-scoring and financial management platform in the Scandinavian region....
The continued eCommerce shift has merchants — especially larger ones — pivoting to sell their products directly to consumers (D2C). In that model, they’re eschewing...
Correspondent banking startup TenureX is partnering with technology management and integration firm TM Group in a move to democratize correspondent banking in the Nordics region. Under the partnership agreement,...
After months of searching for a buyer, Ted Baker has found its suitor in Authentic Brands Group (ABG), which has agreed to purchase the U.K....
While digitization and automation dominate the payments ecosystem, the underlying fundamentals remain the same and must be in place if automation is to realize its...
Business-to-business (B2B) payments are growing increasingly digital, a relief for accounting teams burdened with the manual processes of invoice creation, check writing and mailing invoices...
An essential part of migrant workers’ lives is sending money abroad to recipients who often depend on funds for critical expenses such as housing, food...