USA
Jumio Surpassed US$200 Million in Bookings Last Year
Online mobile payments and identity verification company Jumio announced that it had cleared over US$200 million in bookings last year. Jumio also reported that it had closed both the largest new deal and the largest total deal in the company’s
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Canadian Fintech Nuvei Acquires Paya in US$1.3 Billion Deal
Canadian fintech Nuvei announced that it has inked a deal to acquire U.S. payments firm Paya in an all-cash transaction for US$1.3 billion. Paya is a pure-play integrated payments platform serving customers in markets such as B2B, government, utilities, non-profit
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Duck Creek to Acquire Swiss Imburse Payments
Nasdaq listed Duck Creek Technologie announced a definitive agreement to acquire Imburse Payments, a Swiss-based modern payments platform. Duck Creek is according the PR an “intelligent solutions provider defining the future of property and casualty (P&C) insurance.”, they are based
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Visa Plans on Auto Crypto Payments
The rise of blockchain and cryptocurrencies has changed the way we think about digital money movement — creating opportunities for a new generation of financial applications. Visa reported that they are in the early stages of blockchain development and it
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Dataiku Now Valued at US$3.7 Billion With US$200 Million Fundraise
Dataiku, an AI and analytics platform, announced that it has raised US$200 million in Series F funding round led by new investor Wellington Management. This brings Dataiku’s total funds raised since its inception to approximately US$600 million with a valuation
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Thoma Bravo Inks Deal to Acquire Coupa for US$8 Billion
Software investment firm Thoma Bravo announced that it will be acquiring Coupa Software, a specialist in in business spend management, for US$8.0 billion in an all-cash transaction. The transaction, which was approved unanimously by the Coupa Board of Directors, is
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UK Fintech 9fin Raises $23 Million Series A+ to Accelerate Growth Plans in North America
9fin, an analytics platform for debt capital markets, today announced a $23 million Series A+ led by new investor Spark Capital with participation from existing investors Redalpine, AI Seed, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital. Spark Capital General Partner,
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TripActions Secures $400M in Credit Facilities From Goldman Sachs and Silicon Valley Bank
TripActions, the all-in-one travel, corporate card, and expense management solution, today announced that it secured $400M in credit facilities, consisting of a warehouse debt facility from Goldman Sachs Bank USA, as the senior lender and administrative agent, with a $200M
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BlockFi Files for Bankruptcy Due to Exposure to FTX
Crypto lender BlockFi has filed for Chapter 11 bankruptcy protection citing a liquidity crisis due to substantial exposure to recently bankrupt crypto exchange FTX. BlockFi says that it is exposed to FTX via loans to Alameda, a crypto trading firm
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J.P. Morgan and Mastercard Launch Pay-by-Bank Service
J.P. Morgan Payments and Mastercard have launched Pay-by-Bank to enable consumers to permission their financial data to be shared so they can pay bills directly from their bank account. The service means that consumers will not need to type in
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