Silicon Valley Bank’s parent company, SVB Financial Group, will acquire technology, media and telecom research firm MoffettNathanson, SVB announced Monday (Dec. 13). The deal will see SVB’s tech investment banking unit merged with the research division of analysts Craig Moffett and Michael Nathanson. The financial...
Lender OakNorth is acquiring intelligent cashflow startup Fluidly for undisclosed terms, according to a press release emailed to PYMNTS on Monday (Dec. 13). The acquisition is subject to regulatory approval. Founded in 2018 in London by Rishi Khosla and Joel Perlman, OakNorth was awarded a...
The ticket reseller Vivid Seats has acquired the sports gaming app Betcha Sports in a deal that could ultimately be worth up to $65 million. The company announced the acquisition Monday (Dec. 13), saying it would pay $25 million in Vivid Seats equity, as well...
The Kraft Heinz Company will acquire 85% of Just Spices GmbH, with the company’s three founders retaining the other 15% of the German-based food company and shifting their focus to international expansion, according to a joint announcement Friday (Dec. 10). Just Spices has annual...
European payments and transaction platform Worldline on Tuesday (Dec. 7) acquired 80% of Eurobank Merchant Acquiring, which has a 20% market share of the Greek acquisition market, according to the joint announcement. “This operation is fully in line with our strategy to further expand our...
The EU’s antitrust authority will take a closer look at Microsoft’s plan to purchase the artificial intelligence (AI) and speech technology company Nuance Communications for $16 billion. As Reuters reported Tuesday (Dec. 7), the European Commission’s competition bureau will ask customers and competitors to fill...
Pinterest has closed a deal for the acquisition of the video creation and editing app Vochi, intended to give creators more tools to develop quality content, according to a press release on Monday (Dec. 6). The acquisition is part of Pinterest’s commitment to assist creators...
Digital payment processing firm Stripe on Monday (Dec. 6) announced the acquisition of app marketplace software platform OpenChannel, which helps businesses build app ecosystems for third-party developers and users. Under the terms of the acquisition, OpenChannel’s team will become part of Stripe’s remote hubs...
Moody’s Corporation is acquiring two European companies in a bid to enhance its Know Your Customer (KYC) capabilities. The company announced in a news release Friday (Dec. 3) it had acquired the U.K.’s PassFort Limited and entered into an agreement to acquire kompany out of...
