American Express acquires SoftBank-backed Kabbage
Reports earlier this month put the value of the acquisition at up to $850 million.
Reports earlier this month put the value of the acquisition at up to $850 million.
The deal would involve Amazon acquiring a minority stake in Rackspace.
Kabbage was last valued at more than $1 billion.
BankMobile was supposed to be acquired back in 2017.
Exchange operator aims to boost its nascent mortgage business.
Apple buys start-up to turn iPhones into payment terminals.
OnDeck has suffered in the wake of the COVID-19 pandemic.
Bow Capital Management is also aiming to raise $350m for a tech focused Spac.
Cognitect snapped up by Brazilian neobank.
Coconut CEO, Sam O’Connor, shares his insight on the Plaid and Finicity acquisitions.
Unlocking the benefits of open banking.
The insurance giant is looking to expand its US footprint.
This follows a similar acquisition of Plaid by rival Visa in January.
What can fintech firms do to ride out the storm?
The UK’s CMA is looking into potential anti-competitive implications.
The US loans company is absorbing all Stack employees.
Verse will join forces with Square’s Cash App.
The acquisition is IBM’s first since its $34bn buyout of Red Hat in 2018.
The acquisition is expected to close in Q4 2020.
The pending takeover of Emailage by LexisNexis “kind of dominates the news”, says EMEA MD.
Two of America’s largest money transfer and remittance services could be joining forces.
Since the November 2019 merger, the firm has signed a handful of new deals.
Blockchain fund operator aims to be “pioneer” for crypto consulting.
The quarter saw just 404 deals and ended on $6.1 billion.
The transaction is expected to close in Q2 2020.
DCI continues an acquisitive streak focused on strategic growth.
A look back at some of the biggest deals this past quarter.
All things equal: Closing the gender gap in fintech.
FinTech Futures’ weekly news round-up.
Acuant will build IdentityMind’s onboarding solutions into its existing platform.
The bank gave fintech firms a choice: abide by data access rules or get out.
FinTech Futures’ weekly news round-up.
Neji, Landria, and Compose Labs all brought under the Brex umbrella
He reveals how a legacy institution can stay relevant and adapt in this digital wave.
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
The two firms have held a partnership since 2009.
Payments firm set to focus on US, Canada, and Europe.
FinTech Futures’ weekly news round-up.
FinTech Future’s weekly news round-up.
There is still runway for further consolidation.