MoneyLion said Thursday (April 10) that its shareholders voted to approve the company’s previously announced proposed acquisition by Gen Digital. The provider of financial wellness tools also said in a Thursday press release that all regulatory approvals have been obtained and that the two companies...
Small business-focused FinTech Payoneer bought China’s Easylink Payment Co. The deal makes Payoneer the third foreign payment platform licensed to offer online payment services in China, according to a Thursday (April 10) press release. The acquisition cost was not provided. “We serve a diverse range...
Fashion shopping platform Lyst is set to be acquired by Japanese eCommerce firm Zozo. The $154 million deal, announced in a news release Wednesday (April 9), will make Lyst a wholly owned subsidiary of Zozo, itself another fashion-focused eCommerce company. “This is an exciting moment...
Stablecoin company Ripple has purchased prime brokerage Hidden Road for $1.25 billion. The acquisition makes Ripple the first cryptocurrency company to own and operate a multi-asset prime broker and marks one of the largest-ever deals in the digital asset space, Ripple said in a news...
Fiserv says it has acquired payment facilitator (PayFac) Pinch Payments and its management platform Glassbox. As the company noted in a Monday (April 7) announcement, Pinch — founded in 2017 and serving roughly 2,000 merchants in Australia and New Zealand — provides tools to facilitate...
ServiceNow, a company that provides artificial intelligence (AI) agents for businesses, is set to acquire Logik.ai. The deal, announced Thursday (April 3), is designed to accelerate ServiceNow’s momentum in sales and order management with the help of Logik.ai’s configure, price, quote (CPQ) solution. Logik.ai’s best-in-class...
The United States trade war appears to have dampened hopes of a big year for dealmaking. Merger and acquisition (M&A) volume in the first quarter rose 12.6% year over year to $984.4 billion, Reuters reported Tuesday (April 1). This increase was due nearly entirely to...
The Justice Department (DOJ) is reportedly closer to permitting Capital One’s purchase of Discover. That’s according to a report Monday (March 31) by the Capital Forum, citing sources familiar with the matter. Those sources said the DOJ has refocused its review of the $35.3 billion deal on how it would hurt consumers...
President Donald Trump says TikTok will have a new owner by the end of the week. The social media platform’s China-based owner ByteDance has until April 5 to find a buyer for TikTok, and Trump said Sunday (March 30) that a deal will be reached before then. “We have...
