Embedded payments platform Modulr acquired accounts payable (AP) automation provider Nook. Modulr will bring Nook’s functionality to the thousands of accountants and businesses that use Modulr’s payment products and will offer Modulr’s payments capability to Nook’s customers, the companies said in a Tuesday (Nov. 19)...
Seven & i Holdings, owner of the 7-Eleven convenience store chain, said Wednesday (Nov. 13) that it received a proposal for a potential management buyout. The non-binding and confidential proposal to acquire the company came from its vice president and representative director, Junro Ito, and...
Cryptocurrency exchange Coinbase has acquired the Utopia Labs team to accelerate its onchain payments roadmap within Coinbase Wallet. “The Utopia team has been on the ground floor building onchain payments products for years,” Jesse Pollak, head of Base and Coinbase Wallet at Coinbase, wrote in a Wednesday (Nov. 13) post on...
Canadian FinTech Nuvei is expected to become a private company by the end of the week. The company received all the regulatory approvals it needs in order to be acquired by Advent International, according to a Wednesday (Nov. 13) press release. Assuming it meets all...
After a two-year search for a buyer, Just Eat Takeaway has sold Grubhub to food delivery startup Wonder. The company announced the sale Wednesday (Nov. 13), saying Wonder would pay $650 million to purchase Grubhub. That’s far less than the $7.3 billion Just Eat paid...
AppDirect plans to acquire vCom Solutions to further its mission of becoming a single platform for buying, selling and managing recurring technology services through advisors. The planned acquisition will add technology capabilities and other resources from vCom Solutions, which is an IT lifecycle management software and managed...
Local business information platform Yelp plans to acquire auto services platform RepairPal for about $80 million in cash. The acquisition is expected to close by the end of the year, subject to customary closing conditions, Yelp said in a Thursday (Nov. 7) press release. The company announced the planned acquisition in...
Digital commerce company Zaelab has acquired B2B-focused digital commerce and marketing solutions agency Trellis. The acquisition bolsters Zaelab’s service offerings in several areas, the company said in a news release Monday (Nov. 4). “With Trellis’ deep expertise in Direct-to-Consumer (‘D2C’) and Marketplace channels, Zaelab will now have the enhanced capability...
Barclays UK has completed its previously announced acquisition of the retail banking business of Tesco Personal Finance (Tesco Bank). Together with the completion of the acquisition, Barclays UK has entered into a 10-year exclusive strategic partnership with Tesco Stores Limited to market and distribute credit...
