Financing

PayU’s consumer lending business LazyPay and PaySense, India’s fastest growing digital credit platform, have announced the plans to merge their business operations to build a full-stack digital lending platform in India. PayU will acquire a controlling stake in PaySense...

Visa is to acquire US payments giant Plaid for $5.3bn, a software startup that is used by the likes of Venmo, Robinhood and Coinbase. Plaid, which helps companies connect to users’ bank accounts, was last valued at $2.65bn in...

Blucora expects the acquisition of HK Financial Services to add around $4.4bn to its total client assets, taking its total to over $72bn S-based tax-smart financial solutions provider Blucora signed an agreement to acquire HK Financial Services (HKFS), a privately-held...

The Japanese bank, through the alliance with OCB Bank, plans to promote new investment banking and on-line banking operations in Vietnam. Aozora Bank, a Japanese commercial bank, is set to acquire a stake of 15% in Vietnamese mid-sized bank Orient...

Diversified financial services company WesBanco has completed its previously announced acquisition of Old Line Bancshares, the parent company of Old Line Bank, a chartered commercial bank. Under the terms of the transaction, the branches of Old Line will be operated...

Pacific Global Bank has £180m in total assets, £136m in total loans and total deposits of £196m as of this June RBB Bancorp (RBB) has agreed to acquire PGB Holdings and its subsidiary Pacific Global Bank for a value of...

The new SoftPOS solution is designed to enable mobile devices to be used for contactless transactions of any amount without any additional equipment Fiserv’s First Data, Visa and Samsung Electronics have joined forces to unveil a new contactless payment terminal...