Since the financial crisis mergers and acquisitions by banks has reduced substantially. This has been a global trend that may...
·
There is some big news out of Australia today. Credible Labs, based in San Francisco but listed on the Australian...
In a deal that will rock the fintech space Enova announced this afternoon that they are acquiring OnDeck for $90...
Samir Desai, co-founder and CEO of Funding Circle, the world’s largest marketplace for small business loans, made a big announcement today at...
iCapital Network is a fintech platform serving the asset and wealth management sector; they are now acquiring Artivest, a company...
The $5.3 billion acquisition of Plaid has created excitement in the fintech community and some believe this is only the...
Credit Karma is positioning itself to be more than just a place to check your credit score; the company currently has 80 million customers and currently has advantages in significant scale and the data it houses; they are now looking at using chatbots with their acquisition of “Penny” to further their relationships with their customers. Source
FIS announced today that it is buying leading payments processor Worldpay in a $35 billion deal, one of the largest...
Goldman Sachs continues to show interest in consumer finance; CEO of Final, Aaron Frank announced that the startup would be closing in December 2017 but did not provide further details; a dozen engineers and product managers will be joining Goldman Sachs; Final was founded in 2014 and offered consumers a credit card; users were able to generate virtual cards unique to a merchant. Source
We start out the week with yet another blockbuster fintech acquisition. The Wall Street Journal reported late Saturday that Intuit,...