Merger and acquisitions (M&A) activity remained slow during the second quarter of the year. The reason? The Federal Reserve has kept interest rates high, making it tougher to finance deals. That’s according to a report Sunday (Aug. 25) by Seeking Alpha, citing data from S&P...
Spend management platform Payhawk is reportedly going into acquisition mode. Co-founder and CEO Hristo Borisov told CNBC in an interview published Thursday (June 6) that the company aims to acquire early-stage startups that have already raised significant funds. He also argued his company has a better “product-market fit” than its competition,...
China’s Ant Group is reportedly preparing to purchase Dutch payments firm MultiSafepay. The deal, worth about $200 million, comes as Ant Group — which owns Alipay — is making an ongoing expansion into the Western payments sector, Reuters reported Friday (Jan. 5), citing sources familiar with the matter....
The world’s biggest banks reportedly slashed more than 60,000 jobs in 2023. It was a year in which investment banks suffered their second year in a row of declining fees amid a downturn in dealmaking and companies going public, the Financial Times (FT) reported Monday (Dec. 25). ...
July 16, 2021
Large marketplaces like Amazon create an amazing first step opportunity for entrepreneurs looking to test out if their business idea works — if they can create any consumer demand for their widget. And many brands do: there are over 15,000 thousand marketplace sellers on Amazon bringing in over $1 million a year. The problem is, […]
May 19, 2020
The pandemic has forced many aspects of everyday life — for consumers, yes, but businesses too — to pause. Last month, the chairman of the U.S. House of Representatives antitrust...
November 19, 2024
Goldman Sachs Chairman David Solomon has reportedly predicted stronger capital raising under the next Trump administration. Solomon also said Tuesday (Nov. 19) that there will be a more robust merger and acquisition (M&A) environment under the new president. “Given where we are at the moment, … you’re starting to unleash some of those animal spirits, and you’re seeing a […]
August 25, 2024
Merger and acquisitions (M&A) activity remained slow during the second quarter of the year. The reason? The Federal Reserve has kept interest rates high, making it tougher to finance deals....
June 06, 2024
Spend management platform Payhawk is reportedly going into acquisition mode. Co-founder and CEO Hristo Borisov told CNBC in an interview published Thursday (June 6) that the company aims to acquire early-stage startups that have already raised...
January 07, 2024
China’s Ant Group is reportedly preparing to purchase Dutch payments firm MultiSafepay. The deal, worth about $200 million, comes as Ant Group — which owns Alipay — is making an ongoing expansion into...
