Perfect Corp. plans to acquire Wannaby to expand Perfect’s virtual try-on technology solutions into new luxury market segments like shoes, bags and apparel. The company entered into an agreement with Wannaby’s current owner, Farfetch, to make the acquisition, Perfect Corp. said in a Monday (Dec....
David’s Bridal says it has acquired wedding media brand Love Stories TV. The wedding bridal and wedding planning company announced the purchase last week in tandem with the launch of its Pearl Media Network. “Our customers look to David’s for all things wedding and planning, and Pearl Media Network...
Payments and financial services technology company Fiserv is acquiring earned wage access (EWA) provider Payfare. “This acquisition complements the embedded finance solutions of Fiserv with card program management, a white-label consumer app, and a microservices orchestration layer,” Fiserv said in a news release Monday (Dec. 23). Those offerings from Payfare,...
Mastercard has finalized its previously announced acquisition of threat intelligence company Recorded Future. The acquisition will add threat intelligence and artificial intelligence (AI)-powered, actionable analytics to Mastercard’s cybersecurity capabilities, Mastercard said in a Friday (Dec. 20) press release. It will also provide the company with opportunities...
The European Commission approved Nvidia’s proposed acquisition of Run:ai Thursday (Dec. 19), saying that it did so unconditionally and that the transaction would raise no competition concerns in the European Economic Area (EEA). The case had been referred to the Commission in September by the...
PayRetailers, a payments processor serving Latin America and Africa, acquired business payments FinTech Transfeera. The deal was approved by the Administrative Council for Economic Defense (CADE) and the central bank in Transfeera’s home country of Brazil (BCB), the companies announced in a Thursday (Dec. 19)...
Visa said it completed its acquisition of financial crime/payments fraud prevention provider Featurespace. “Visa will add Featurespace’s capabilities into its range of fraud prevention and risk-scoring offerings,” the payments giant said in a Thursday (Dec. 19) news release. “By combining the two companies’ highly complementary...
Capital One said Thursday (Dec. 19) that its previously announced acquisition of Discover Financial Services has moved another step toward completion by receiving approval from the Office of the Delaware State Bank Commissioner. The bank received that approval Wednesday (Dec. 18), it said in a...
President-elect Donald Trump spent decades branding himself as a dealmaker. Now, the world’s other dealmakers are hoping his return to the White House will lead to an uptick in “megamergers,” the Financial Times reported Thursday (Dec. 19). The global value of mergers and acquisitions (M&A)...
