acquisitions

Acquisitions Dominate FinTech IPO Headlines as Index Climbs 2.2% for the Week
Acquisitions Dominate FinTech IPO Headlines as Index Climbs 2.2% for the Week
June 28, 2024  |  Fintech Investments

The FinTech IPO Index climbed 2.2% this week as a spate of acquisitions dominated the headlines headed into the end of the second quarter. One...

READ MORE >
Chime Acquires Salt Labs, Launches Business Unit Focused on Employers
Chime Acquires Salt Labs, Launches Business Unit Focused on Employers
June 27, 2024  |  Acquisitions

Chime has acquired Salt Labs to accelerate Chime’s growth through the employer channel. The resources of Salt Labs, an enterprise technology company whose flagship product is...

READ MORE >
Nubank Accelerates AI-First Strategy With Hyperplane Acquisition
Nubank Accelerates AI-First Strategy With Hyperplane Acquisition
June 26, 2024  |  Acquisitions

Digital banking platform Nubank has acquired data intelligence company Hyperplane, saying this move will accelerate its artificial intelligence (AI)-first strategy. With the addition of Hyperplane’s...

READ MORE >
DoorDash and Deliveroo Acquisition Talks Ended on Valuation Disagreement
DoorDash and Deliveroo Acquisition Talks Ended on Valuation Disagreement
June 25, 2024  |  Aggregators

A potential combination of meal delivery companies Doordash and Deliveroo was reportedly discussed but rejected in May. Doordash approached Deliveroo about acquiring that company at that time,...

READ MORE >
Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
June 24, 2024  |  Buy Now Pay Later

Klarna sold its online checkout solution, Klarna Checkout (KCO), for $520 million to a group of investors led by BLQ Invest CEO and founding partner...

READ MORE >
OpenAI Acquires Rockset to Bolster Enterprise AI Offerings
OpenAI Acquires Rockset to Bolster Enterprise AI Offerings
June 21, 2024  |  artificial intelligence

OpenAI, the artificial intelligence (AI) firm behind ChatGPT, has bought enterprise search and analytics startup Rockset, according to a Friday (June 21) report by Bloomberg....

READ MORE >
American Express to Acquire Restaurant Tech Providers Tock, Rooam
American Express to Acquire Restaurant Tech Providers Tock, Rooam
June 21, 2024  |  Acquisitions

American Express has announced agreements to acquire two technology providers — Tock and Rooam — to expand its suite of digital tools for restaurants and merchants. Both transactions...

READ MORE >
Automated Payments Gains Ground in Business Sector
Automated Payments Gains Ground in Business Sector
June 20, 2024  |  B2B Payments

The B2B landscape represents one of the last true innovation greenspace areas. That is the good news. The bad news, or the other side of...

READ MORE >
NatWest Expands Retail Banking with £2.5 Billion Sainsbury’s Acquisition
NatWest Expands Retail Banking with £2.5 Billion Sainsbury’s Acquisition
June 20, 2024  |  Acquisitions

NatWest Group, one of the largest banks in the U.K., has announced its acquisition of the banking business of Sainsbury’s, the second-largest grocer in the...

READ MORE >