News

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...

Mattioli Woods has announced plans to buy Maven Capital Partners in a deal worth £100m. The English wealth manager will also acquire Ludlow Wealth Management for around £43.5m Maven manages around £772m in assets under management across 10 offices in...

Montana-based commercial bank Glacier Bancorp has agreed to acquire Altabancorp, the holding company of Utah-based Altabank, for an aggregate value of $933.5m. Under the terms of the merger agreement, Alta shareholders will receive 0.7971 shares of Glacier stock for each...

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...

PayPal Holdings, Inc. will invest an additional $50m in 11 Black- and Latinx-led early-stage venture capital funds. The backed funds include Aperture Venture Capital; Collab Capital; Interlace Ventures; Kapor Capital; MaC Venture Capital; Noemis Ventures; Seae Ventures; SV LATAM Capital;...

ICICI Bank announced the launch of a unique facility of linking a UPI (Unified Payments Interface) ID to its digital wallet ’Pockets’, marking a departure from the current practice that demands such IDs be linked with a savings bank...