SumUp to buy payments and marketing platform Fivestars for $317m
The deal gives SumUp access to over 70 million consumer members and 12,000 small business members in the…
Fintech
Microsoft launches industry-specific cloud for finance sector
05 Oct 21The cloud platform is said to have been built on an industry data model that facilitates both interoperability…
Goldman Sachs to acquire fintech platform GreenSky for $2.2bn
16 Sep 21The financial services major aims to create a compelling banking platform positioned for significant growth by aligning the…
Wipro secures $44.5m data centre contract from UK’s National Grid
14 Sep 21The contract involves the optimisation of data centre footprint, automation of operations and implementation of hybrid cloud architecture…
JP Morgan to buy 75% stake in Volkswagen Payments
09 Sep 21The car manufacturer’s payments platform, which is designed for the auto industry, operates in 32 markets around the…
PayPal to acquire Japanese payments platform Paidy for $2.7bn
08 Sep 21The acquisition is expected to allow the US-based fintech company to complement its existing cross-border e-commerce business in…
PayU to acquire Indian digital payments provider BillDesk for $4.7bn
01 Sep 21The combination of the Dutch fintech company and BillDesk is likely to establish a financial ecosystem that will…
Paysafe to acquire German fintech company viafintech
23 Aug 21Paysafe has also signed an agreement with Glory, viafintech’s majority shareholder, to offer its cash technology solutions to…
US fintech Branch raises $548m for employer payments platform
18 Aug 21The payment solutions provider will use the proceeds from the funding to deliver quicker payments and inclusive financial…
Chime Financial raises $750m in Series G round at $25bn valuation
16 Aug 21The latest capital infusion for the California-based fintech company is likely to be a precursor to its upcoming…