M&A of the Week
Rapyd Acquires Valitor for US$100 million
Rapyd will be acquiring Valitor at $100 million from Arion Bank. According to Rapyd, Valitor’s acquisition will complement their existing
M&A of the Week
M&A Spotlight – Visa acquires Tink for $2.1 bn
Visa, the international payment processing giant, is acquiring Tink, a Swedish open banking platform for US$2.1 billion. According to Visa
M&A of the Week
The Penser Fintech News Roundup: June 01-15
Every fortnight we compile the most important and interesting headlines in the fintech industry covering digital banking, payments, open banking,
Fintech
Chinese Tech Giant Tencent Invests in Australian Fintech Afterpay
On May 01, 2020, Australian buy now, pay later (BNPL) firm Afterpay announced that Tencent had invested A$390 million (nearly
Fintech
Facebook, Silver Lake invest in Reliance Jio
On April 22nd, Facebook invested $5.7 billion in India telecom giant, Reliance Jio. This investment allows Reliance to leverage WhatsApp’s
M&A of the Week
M&A Deal of the Week: SoFi acquires Galileo
On April 7th, online lending and investment fintech SoFi announced that it was acquiring digital payment platform Galileo for $1.2
Fintech