Credit card bill payment platform CRED is reportedly planning to invest $10 million in peer-to-peer (P2P) lending platform LiquiLoans. With the investment, CRED would acquire a minority stake, LiquiLoans would be valued at $200 million and the two companies would form a strategic alliance, expanding...
Facebook closed a $5.7 billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant a larger foothold in the region. “This investment underscores our commitment to India and our excitement for the dramatic transformation...
China’s Ant Financial has acquired a minority stake in the Swedish split payments FinTech Klarna for an undisclosed sum, Klarna announced on Wednesday (March 4). The stake amounts to less than 1 percent and was made up of existing and new shares, Reuters reported, citing...
Shares in Future Retail rose 13 percent on Friday (November 29) after India’s antitrust body announced that it has approved a deal that would give Amazon a minority stake in the company. In August it was reported that the eCommerce giant was in discussions to...
May 01, 2024
British payments group Epos Now is running a private placement process to sell a minority stake in the business and bring on a strategic partner “for the next stage of growth.” The process will start after summer, Epos Now CEO Jacyn Heavens told PYMNTS in an email. “The goal is to accelerate to allow us to put […]
September 16, 2022
Credit card bill payment platform CRED is reportedly planning to invest $10 million in peer-to-peer (P2P) lending platform LiquiLoans. With the investment, CRED would acquire a minority stake, LiquiLoans would...
April 22, 2020
Facebook closed a $5.7 billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant a larger foothold in the...
March 04, 2020
China’s Ant Financial has acquired a minority stake in the Swedish split payments FinTech Klarna for an undisclosed sum, Klarna announced on Wednesday (March 4). The stake amounts to less...
