USA
PayPal Partners with Meta to Enable Donations on Facebook and Instagram
Paypal announced that PayPal Giving Fund is expanding its partnership with Meta to exclusively enable charitable giving on Facebook and Instagram in the US, UK, Australia and Canada. As an IRS-registered charity, PayPal Giving Fund’s mission is to support charities by
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Thoma Bravo Completes Acquisition of ForgeRock; Combines ForgeRock into Ping Identity
Thoma Bravo and ForgeRock announced the completion of Thoma Bravo’s acquisition of ForgeRock in an all-cash transaction valued at approximately $2.3 billion. The acquisition agreement was previously announced on October 11, 2022, and approved by ForgeRock stockholders at ForgeRock’s Special Meeting of Stockholders
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10 Must Know Fintech Accelerators and Incubators in USA and Canada
With robust financial markets, advanced infrastructure and technological prowess, North America has emerged as a hotspot for fintech innovation. The continent boasts a myriad of programs designed to propel startups to the top, providing the most promising tech-enabled businesses with
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PayPal Rolls Out Stablecoin Backed by U.S. Dollar
Global payment giant PayPal announced the launch of a U.S. dollar-denominated stablecoin which will be available to consumers, merchants and developers to seamlessly connect fiat and digital currencies. PayPal USD (PYUSD) is backed by U.S. dollar deposits, short-term U.S Treasuries
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2023’s Biggest Fintech Acquisition Deals
The global fintech sector is witnessing a slowdown in deal activity, with companies adopting a cautious “wait-and-see” approach. In the first half of 2023, only 128 mergers and acquisitions (M&A) were recorded, compared to 248 and 188 in the first
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Top 8 Most Well-Funded Fintech Companies in the USA
The US holds a prominent position in the global fintech scene and is considered one of the leading countries in fintech innovation, investment and market size. The country possesses the most mature innovation ecosystem in terms of venture capital (VC)
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Top 17 Fintech Events Taking Place in North America in Q3 2023
The fintech sector in North America has experienced robust growth and rapid evolution over the past years, driven by technological advancements, regulatory changes, and shifts in consumer behavior. In the US, fintech companies have been instrumental in shaping the future
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Banks, Central Banks Ramp up Asset Tokenization Efforts
Asset tokenization, a process that involves converting rights to a real-world asset into a digital token and recording that said asset on a blockchain, is becoming a critical part of the financial market infrastructure, providing substantial benefits including improved speed
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Generative AI Frenzy Pushes Nvidia Market Capitalization Past US$1T Mark
Nvidia reached a market capitalization of more than US$1 trillion early this month, becoming the ninth company in history and the world’s first chipmaker to cross that threshold, according to Bloomberg and the Guardian. The company joined fellow tech companies
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Thomson Reuters Acquires AI Legaltech Casetext for $650 Million in Cash
Thomson Reuters announced it has signed a definitive agreement to acquire Casetext, a California-based provider of technology for legal professionals, for $650 million cash. The proposed transaction will complement Thomson Reuters existing AI roadmap and builds on its recent initiatives,
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