Indian food delivery firm Zomato is buying local grocery delivery startup Blinkit for 44.47 billion rupees ($568.2 million) in an all-stock deal as part of its effort to expand its capabilities in the space as the competition becomes more rampant, according to a Reuters report...
Multifunctional banking as a service (BaaS) platform Colendi is acquiring blockchain settlements and payments provider SETL for undisclosed terms, according to media reports on Friday (June 24). The move is intended to help bolster Colendi’s Web3 offerings. Get the Full Story Complete the form to...
Financial guidance firm NerdWallet is acquiring consumer debt robo-advisor platform On the Barrelhead for approximately $120 million, consisting of roughly $70 million in cash and $50 million in NerdWallet Class A common stock, according to a Thursday (June 23) press release. Get the Full Story Complete the form to...
Digital customer service firm Glia has acquired Finn AI, a chatbot platform for banks and credit unions, the company announced Thursday (June 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Frankfurt-based Raisin Bank AG is acquiring the payment services division of Bankhaus August Lenz & Co AG, per a Thursday (June 23) press release. The move will allow Raisin Bank to expand its product range to payment services and cash solutions. Get the Full Story...
Merchant commerce omnichannel platform company Pine Labs is acquiring application programming interface (API) infrastructure startup Setu to bolster its suite of digital payments and lending products, according to a Thursday (June 23) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Cross-border end-to-end platform Global-e agreed to acquire Borderfree, a cross-border eCommerce solutions business, from Pitney Bowes, according to a Tuesday (June 21) joint press release, giving Global-e access to a service that helps retailers reach more than 200 countries with local websites. Get the Full...
Kofax, which works with intelligent automation for digital workflow transformation, has acquired B2B eInvoicing network Tungsten Corporation, according to a press release Monday (June 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Payments tech company Paya Holdings will be looking into selling itself as there has been takeover interest, a report from Bloomberg said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
