Fiserv plans to acquire Brazilian FinTech company Money Money Servicos Financeiros S.A. to expand the range of payment, management and cash flow solutions Fiserv’s Clover offers Brazilian small– to medium-sized businesses (SMBs). Following the planned acquisition, Money Money’s specialized financing engine will be integrated with...
FundThrough, a FinTech that works with small- to medium-sized businesses (SMBs), acquired FinTech solutions firm Ampla, which serves consumer brands. The deal will strengthen FundThrough’s digital-first ecosystem, creating a platform for SMBs that sell to larger companies and wait to get paid after invoicing, according...
Capital One and Discover Financial Services said Friday (April 18) that they have received all required regulatory approvals to complete Capital One’s proposed acquisition of Discover. With approvals announced Friday by the Federal Reserve Board and the Office of the Comptroller of the Currency (OCC),...
Kinective said Wednesday (April 16) that it will add end-to-end data intelligence to its banking operations platform after acquiring Datava. This combination will create a platform that enables financial institutions to leverage their customers and operational data to eliminate process inefficiencies and deliver personalized experiences...
European B2B payment solution provider Pliant said Wednesday (April 16) that it acquired Austrian InsurTech company hi.health to gain that company’s insurance-specific expertise and to apply its own payment expertise to the insurance sector. Hi.health will continue to operate independently, while using Pliant’s infrastructure to...
Global Payments set the FinTech sector abuzz early Thursday (April 17) with a pair of sweeping transactions. It sold its issuer solutions business to FIS for $13.5 billion and simultaneously bought Worldpay for a net price of $22.7 billion, according to a Thursday press release....
Lyft is expanding into Europe with its $197 million purchase of taxi app FreeNow. The deal, announced Wednesday (April 16), will see Lyft acquire the Germany-based company from BMW and Mercedes-Benz Mobility. It also marks the ride-hailing service’s largest expansion outside of North America. “We’re on an ambitious path to build the...
Metaverse company Infinite Reality has been valued at $15.5 billion after purchasing AI firm Touchcast, the company announced Wednesday (April 16). In purchasing Touchcast, Infinite Reality gets access to products that include artificial intelligence (AI) agent offerings. “Agentic AI is a big part of how consumers and businesses will...
Pipe has brought together embedded capital and spend management solutions for small businesses by acquiring Glean.ai. This acquisition adds Glean.ai’s artificial intelligence (AI)-powered spend management offering to Pipe’s embedded financial solutions for software platforms that serve small businesses, Pipe said in a Tuesday (April 15)...
