Financing
Revolut announces merchant acquiring solution for businesses
Revolut has extended its business product offering by offering a merchant acquiring platform from which businesses can accept online card payments.
Revolutโs chief executive Nik Storonsky announced that merchant acquiring unit will allow businesses in 13 European countries to accept...
Financing
A Look at the Alternatives to the Traditional Business Loan
Starting a business is a bit like juggling. You have to concentrate on each of the aspects of the business to ensure none of them fall. Youโll need to worry about staffing, office space, inventory, IT systems and many...
Financing
Hanover signs $63m merger deal with Savoy Bank
Hanover Bancorp, the parent company of Hanover Community Bank, has signed an agreement with Savoy Bank for a merger in a stock and cash transaction valued around $63m.
Under the terms of the agreement, Savoy Bank will be merged into...
Financing
American Express to acquire US fintech company Kabbage
American Express has agreed to acquire substantially all of Kabbage, a US data and technology company engaged in online lending, for an undisclosed price.
The Atlanta-based fintech company caters to small businesses in the US through its cash flow management...
Financing
Quadient Announces Acquisition of Leading FinTech Company YayPay, Specialized in Accounts Receivable Automation
Quadient, a leader in helping businesses create meaningful customer connections through digital and physical channels, announces the acquisition of YayPay, a best-in-class and rapidly growing company at the forefront of SaaS accounts receivable (AR) automation solutions. The acquisition of...
Financing
Zip Co to acquire QuadPay to create $1bn global payments firm
Australian buy now, pay later (BNPL) services provider Zip Co has agreed to acquire its American rival QuadPay, expanding its reach to more than 3.5 million customers and 26,000 merchant partners worldwide.
Through the deal, Zip Co aims to create...
Financing
Arizona Bank & Trust to acquire Arizona operations of Johnson Bank
Arizona Bank & Trust (AB&T), a subsidiary of Iowa-based Heartland Financial USA, announced that it will acquire certain operations of Johnson Bank in Arizona, from Johnson Financial, for an undisclosed amount.
AB&T will acquire certain assets, and assume substantially all...
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