mergers

No Deal For Russia’s Yandex Merger With Tinkoff Group
No Deal For Russia’s Yandex Merger With Tinkoff Group
October 16, 2020  |  International

Russian search giant Yandex said in a statement on Friday (Oct. 16) that merger talks with TCS Group Holding (Tinkoff) have fallen apart.  “Yandex regrets...

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Why The Pandemic Is A ‘Black Swan’ That Will Spur Payments M&A
Why The Pandemic Is A ‘Black Swan’ That Will Spur Payments M&A
October 02, 2020  |  Partnerships / Acquisitions

The mergers and acquisitions, the deal-making, the funding and IPOs among payments players may be just getting started. In an interview with Karen Webster, Jim...

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Lightyear Forms ProfitSolv To Acquire Billing, Payments Solutions
Lightyear Forms ProfitSolv To Acquire Billing, Payments Solutions
September 27, 2020  |  B2B Payments

Lightyear Capital, the New York-based private equity firm working in the fields of financial services, has established ProfitSolv to acquire integrated solutions for billing, payments and...

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CaixaBank, Bankia Merger Could Create Spain’s Largest Financial Institution
CaixaBank, Bankia Merger Could Create Spain’s Largest Financial Institution
September 18, 2020  |  Partnerships / Acquisitions

CaixaBank and Bankia announced on Friday (Sept. 18) that they are merging in a deal that, if approved by regulators and shareholders, will create the...

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Walmart, Oracle Stake Could Push TikTok Into Majority US Ownership
Walmart, Oracle Stake Could Push TikTok Into Majority US Ownership
September 18, 2020  |  Partnerships / Acquisitions

Backers of a new group vying to buy the U.S. operations for TikTok want to craft an agreement giving U.S. interests a majority stake in...

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Spain’s Bankia, CaixaBank Talk Merger
Spain’s Bankia, CaixaBank Talk Merger
September 04, 2020  |  Banking

Two of Spain’s big banks could become one. The Financial Times reported talks are underway to merge Madrid-based Bankia and CaixaBank in Valencia. If a...

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Boxed Looks For Buyers
Boxed Looks For Buyers
September 01, 2020  |  Retail

Boxed, the U.S. online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. The company is exploring options including a sale...

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Cornerstone To Buy FXPress, Boost SMB Payment Services
Cornerstone To Buy FXPress, Boost SMB Payment Services
September 01, 2020  |  B2B Payments

Cornerstone Brands plans to acquire payments processor FXPress in a deal that also includes a sale of the existing Cornerstone business and restructuring of capital,...

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OfferUp Merges With letgo, Combines Marketplace Apps
OfferUp Merges With letgo, Combines Marketplace Apps
August 31, 2020  |  eCommerce

Recommerce marketplace OfferUp has integrated with similar app letgo and will combine its app with the letgo app for a new marketplace promising an increased amount...

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