advent

Nuvei Becomes a Private Company, Keeping Current Owners
Nuvei Becomes a Private Company, Keeping Current Owners
November 15, 2024  |  Business

Canadian FinTech Nuvei has completed its previously announced go-private transaction. As a result of the completion of the arrangement, the company expects that the subordinate voting...

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Ecommerce Firm Thrasio’s Collapse Leads to Private Equity Fight
Ecommerce Firm Thrasio’s Collapse Leads to Private Equity Fight
September 08, 2024  |  Investments

The collapse of eCommerce startup Thrasio has reportedly triggered a fight between its former private equity backers. Oaktree Capital Management has written a letter to...

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Will Bumper Crop of IPOs Take Cue From Busted FinTech Offerings?
Will Bumper Crop of IPOs Take Cue From Busted FinTech Offerings?
March 20, 2024  |  IPO

Investors may be gearing up for an initial public offering (IPO) renaissance, but if PYMNTS’ FinTech IPO Index serves as any harbinger: Caveat emptor. There’s...

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FIS Could Sell Majority Stake of Worldpay in $15 Billion Deal
FIS Could Sell Majority Stake of Worldpay in $15 Billion Deal
July 02, 2023  |  Acquisitions

FIS is reportedly considering selling a majority stake in Worldpay to private equity groups. The deal, as reported Friday (June 30) by the Financial Times (FT), would worth...

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Today in B2B: Customers Have High Expectations for Digital Transactions; ID Verification Needs Advanced Tech
Today in B2B: Customers Have High Expectations for Digital Transactions; ID Verification Needs Advanced Tech
April 06, 2022  |  B2B Payments

Today in B2B payments, customers expect their digital payments to be simple, transparent and secure, while businesses need to use advanced technology to ensure proper...

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Today in FinTech: Advent Snaps Up Mangopay; UK Green Lights Stablecoins; Worldpay Offers USDC Settlement
Today in FinTech: Advent Snaps Up Mangopay; UK Green Lights Stablecoins; Worldpay Offers USDC Settlement
April 06, 2022  |  International

In today’s FinTech News, private equity investor Advent International is taking a majority stake in Mangopay, while Worldpay is on track to offer merchants settlement...

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Advent’s TSG, Clearent Merger Would Create $3 Billion Payments Firm
Advent’s TSG, Clearent Merger Would Create $3 Billion Payments Firm
February 25, 2021  |  Partnerships / Acquisitions

A merger of payments firms Transaction Services Group (TSG) and Clearent is said to be in the works by the private equity firm Advent International,...

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Advent Buys Majority Stake In Argentine Card Issuer
Advent Buys Majority Stake In Argentine Card Issuer
January 23, 2019  |  Partnerships / Acquisitions

Advent International has announced that it is acquiring a majority stake in Prisma Medios de Pago, Argentina’s leading payments company. Advent is buying the 51...

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Advent Plans $486M Investment In Walmart Brazil
Advent Plans $486M Investment In Walmart Brazil
August 28, 2018  |  Retail

As part of an agreement with Walmart, Advent International is planning on investing 1.9 billion reais — or $485.66 million — in the retailer’s operations...

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