Bain Capital is reportedly close to acquiring financial software provider Envestnet. If a deal is reached, it could be announced this week, Reuters reported Monday (July 8), citing unnamed sources. Reached by PYMNTS, both Bain Capital and Envestnet declined to comment on the report. Envestnet’s...
Today in the connected economy, Amazon makes a deal with Grubhub that could give it as much as a 15% stake in the food delivery service. Plus, FinTech firm Revolut teams with financial infrastructure platform Stripe to support its expansion plans, while Forever 21 owner...
Wealth management technology firm Envestnet on Wednesday (July 6) acquired revenue management and global financial services industry fee-billing solution Redi2 Technologies, according to a joint press release. The Redi2 acquisition helps Envestnet create more connections across its financial wellness ecosystem for asset managers, wealth managers...
Today in the connected economy, Discover gives its customers help getting their information off data collection websites, while Lyft offers to assist riders who need help getting to and from their vehicles. Also, BNPL firm Nelo unveils an all-in-one app, and open data and payments...
July 11, 2024
Wealth technology platform Envestnet plans to go private in a deal with Bain Capital. The company entered into a definitive agreement to be acquired by Bain Capital in a transaction that values Envestnet at $4.5 billion, the companies said in a Thursday (July 11) press release. The agreement was unanimously approved by the Envestnet board […]
July 08, 2024
Bain Capital is reportedly close to acquiring financial software provider Envestnet. If a deal is reached, it could be announced this week, Reuters reported Monday (July 8), citing unnamed sources....
July 06, 2022
Wealth management technology firm Envestnet on Wednesday (July 6) acquired revenue management and global financial services industry fee-billing solution Redi2 Technologies, according to a joint press release. The Redi2 acquisition...
April 20, 2022
Wealth management technology firm Envestnet has teamed up with risk management platform Door to streamline and optimize its research on asset managers and their strategies, the companies said in a...
