PYMNTS-MonitorEdge-May-2024

apollo

Private Equity Firms Invest $162 Billion on ‘Pent Up’ Deal Supply
Private Equity Firms Invest $162 Billion on ‘Pent Up’ Deal Supply
August 04, 2024  |  Investments

America’s private equity giants have reportedly invested $162 billion in anticipation of a deal-making revival. Apollo, Ares, KKR and Blackstone invested that amount between April...

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Insurance Provider Apollo Forms Subsidiary to Offer BNPL in Canada
Insurance Provider Apollo Forms Subsidiary to Offer BNPL in Canada
May 27, 2024  |  Investments

Canadian digital insurance provider Apollo has raised $18.5 million Canadian dollars (about $13.6 million) to launch a wholly owned subsidiary that will allow Canadians to...

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LendingTree Secures $175 Million in Financing to ‘Navigate Current Market Environment’
LendingTree Secures $175 Million in Financing to ‘Navigate Current Market Environment’
March 27, 2024  |  Digital Banking

LendingTree has secured up to $175 million in financing from funds managed by Apollo affiliates. The company, which operates online financial services marketplace LendingTree.com, will draw $125 million of...

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Bankman-Fried Gets Last Chance to Plead His Case
Bankman-Fried Gets Last Chance to Plead His Case
October 31, 2023  |  Legal

Sam Bankman-Fried is set to wrap his testimony in his federal fraud trial Tuesday (Oct. 31). And as a report by CNBC notes, this will mark the FTX founder’s...

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Apollo Teams With Figure to Launch Blockchain-Based Fund
Apollo Teams With Figure to Launch Blockchain-Based Fund
November 22, 2022  |  Blockchain

Apollo Global Management said it plans to offer a new fund on a public blockchain as it deepens its relationship with the FinTech Figure. According...

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Today in B2B: Cross-Border B2B Payments Boost Annual US, UK Sales; B2B Sales Platform Apollo Raises $110M
Today in B2B: Cross-Border B2B Payments Boost Annual US, UK Sales; B2B Sales Platform Apollo...
March 04, 2022  |  B2B Payments

Today in B2B payments, Apollo.io raises $110 million for hiring more staff and Sary acquires Egyptian B2B platform Mowarrid to expand into Africa. Plus, no...

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Today In B2B Payments: Coast Drives Fleet Card Innovation; CAARY Integrates SMB Insurance
Today In B2B Payments: Coast Drives Fleet Card Innovation; CAARY Integrates SMB Insurance
July 15, 2021  |  B2B Payments

Today in B2B payments, Coast talks fleet card innovation, and CAARY embeds small business insurance from APOLLO. Plus, Züm Rails discusses mixing payment rails for...

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APOLLO, CAARY Partner On SMB Digital Insurance
APOLLO, CAARY Partner On SMB Digital Insurance
July 14, 2021  |  B2B Payments

Canada’s APOLLO Insurance is working with CAARY, a digital lending platform for small and medium-sized businesses (SMBs), to offer digital insurance to visitors on caary.com,...

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Verizon Selling Media Business To Apollo For $5 Billion
Verizon Selling Media Business To Apollo For $5 Billion
May 03, 2021  |  Acquiring

Verizon said on Monday (May 3) that it is selling off its media business, which includes Yahoo and AOL, to private equity firm Apollo Global...

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