Bill.com to acquire spend management start-up Divvy for $2.5bn
Bill.com has signed a definitive agreement to acquire spend management startup Divvy in a transaction valued at around $2.5bn. As…
Boost Payment Solutions raises $22m in Series C to fuel growth
B2B electronic payments company Boost Payment Solutions has closed a $22m Series C funding round. The round was led by Invictus Growth Partners. The company’s existing backers Mosaik Partners, INGWE…
TechX acquires fiat-to-crypto merchant services gateway XPort Digital
TechX Technologies, which specialises in crypto, blockchain, AI and cloud technologies, has acquired a 100% interest in XPort Digital in a stock deal valued at $4.06m (C$5m). Under the agreement,…
Fintech company Brex raises $425m at $7.4bn valuation
American financial technology company Brex has raised $425m in Series D investment round, bringing its valuation to more than $7.4 bn. Led by Tiger Global, the financing round was joined…
Mastercard to buy identity verification firm Ekata for $850m
Mastercard has stepped up its digital identity efforts with the acquisition of identity verification firm Ekata in a deal valued at $850m. The acquired company works with a range of…
ConsenSys raises $65m to accelerate global expansion
Blockchain technology firm ConsenSys has raised $65m in formation round that was joined by financial giants such as JP Morgan, Mastercard, and UBS. The company will use the new capital…
Pine Labs targets consumer payments space with $45m Fave acquisition
Indian digital payments company Pine Labs has acquired Singapore-based loyalty cashback start-up Fave for a sum of $45m to foray into consumer payments space. The acquired firm, which started as…
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