Intuit says it is preparing to acquire mobile-first credit card platform Deserve. The deal, announced Monday (April 14), will see Intuit acquire “key technology” and team members from Deserve, part of what Intuit says is its strategy to expand its money management offerings. “This agreement aligns to our strategy...
Human capital management (HCM) firm Paychex has announced its acquisition of Paycor HCM, a software company providing HCM, payroll and talent services. The acquisition will help the company offer “the most comprehensive HCM portfolio in the industry, enabling Paychex to better meet the needs of new...
MoneyLion said Thursday (April 10) that its shareholders voted to approve the company’s previously announced proposed acquisition by Gen Digital. The provider of financial wellness tools also said in a Thursday press release that all regulatory approvals have been obtained and that the two companies...
Small business-focused FinTech Payoneer bought China’s Easylink Payment Co. The deal makes Payoneer the third foreign payment platform licensed to offer online payment services in China, according to a Thursday (April 10) press release. The acquisition cost was not provided. “We serve a diverse range...
Fashion shopping platform Lyst is set to be acquired by Japanese eCommerce firm Zozo. The $154 million deal, announced in a news release Wednesday (April 9), will make Lyst a wholly owned subsidiary of Zozo, itself another fashion-focused eCommerce company. “This is an exciting moment...
Stablecoin company Ripple has purchased prime brokerage Hidden Road for $1.25 billion. The acquisition makes Ripple the first cryptocurrency company to own and operate a multi-asset prime broker and marks one of the largest-ever deals in the digital asset space, Ripple said in a news...
Fiserv says it has acquired payment facilitator (PayFac) Pinch Payments and its management platform Glassbox. As the company noted in a Monday (April 7) announcement, Pinch — founded in 2017 and serving roughly 2,000 merchants in Australia and New Zealand — provides tools to facilitate...
ServiceNow, a company that provides artificial intelligence (AI) agents for businesses, is set to acquire Logik.ai. The deal, announced Thursday (April 3), is designed to accelerate ServiceNow’s momentum in sales and order management with the help of Logik.ai’s configure, price, quote (CPQ) solution. Logik.ai’s best-in-class...
The United States trade war appears to have dampened hopes of a big year for dealmaking. Merger and acquisition (M&A) volume in the first quarter rose 12.6% year over year to $984.4 billion, Reuters reported Tuesday (April 1). This increase was due nearly entirely to...
