Financing

Zeta, a banking technology startup, announced that the company has raised $250 million from SoftBank Vision Fund 2. The latest funding is one of the largest single investments in a banking technology company. According to an official announcement, Zeta received...

CleverCards, a leading global payments platform, announced that it has entered into a definitive agreement to acquire the business of ExpendiaSmart® including the related Italian Licensed Electronic Money Institution, subject to regulatory approval. ExpendiaSmart® is a provider of spend management solutions,...

Nuvei Corporation, the global payment technology partner of thriving brands, announced it has entered into a definitive agreement to acquire SimplexCC Ltd., a fintech startup providing the fiat infrastructure to the cryptocurrency industry, for approximately $250 million to be...

Southern California Bancorp , the holding company for Bank of Southern California, N.A., and Bank of Santa Clarita jointly announce the signing of a definitive merger agreement pursuant to which Southern California Bancorp will acquire Bank of Santa Clarita...

Southern California Bancorp, the holding company for Bank of Southern California, N.A., and Bank of Santa Clarita jointly announce the signing of a definitive merger agreement pursuant to which Southern California Bancorp will acquire Bank of Santa Clarita through...

CreditShop Holdings LLC (CreditShop) has changed its name to Mercury Financial Holdings LLC (Mercury Financial). Mercury Financial is the largest non-bank credit card company in the US. The rebrand coincides with Mercury Financial securing $100m in incremental capital. The...

PNC Bank N.A. announced it has reached a definitive agreement to acquire Tempus Technologies, Inc., a leading payment gateway provider that delivers secure and innovative payment-processing solutions for businesses of all sizes. The acquisition of Tempus Technologies, which is...