Press
Wellesley Hill Financial, LLC Served as Exclusive Sell-side Advisor to Dealer Merchant Services (DMS) in its Sale to Priority Technology Holdings
Priority has acquired the assets as joint venture with Dealer Merchant Services (DMS), a Dallas-based company specializing in credit card payment processing for auto dealerships. DMS is one of the fastest growing companies in the country landing at #120 on the Inc 5000 list and #9 in financial services. Their team of 40 has over 450 years in automotive expertise, supporting over 1000 dealerships nationwide, and has exclusive endorsements from 17 state dealer associations, giving it unique access to thousands of auto retailers. With this acquisition, Priority is entering a new vertical market shaped by a clear industry trend: Americans are holding on to their cars
Capital Markets Tech / WealthTech
Broadridge Completes Acolin Acquisition to Expand Cross-Border Fund Distribution
Broadridge Financial Solutions has successfully completed the acquisition of Acolin, a Zurich-based specialist in cross-border fund distribution and regulatory compliance services. This strategic transaction
Chart Of The Week
Wealthfront (NASDAQ: WLTH)
Wealthfront (NASDAQ: WLTH) recently issued new shares in an initial public offering, which received a tepid response from investors; the stock trended slightly down
Blockchain
Tether Leads $8 Million Investment in Speed to Propel Bitcoin Lightning And Stablecoin Payments
Tether, a leading digital asset infrastructure provider, has led an $8 million strategic investment round in Speed, a payments technology company developing a hybrid
E-commerce
Amazon AI Tool Blindsides Merchants by Offering Products Without Their Knowledge
Amazon is testing an AI-driven “Buy For Me” feature that duplicates independent merchants’ product listings and fulfills orders on their behalf, leading to fulfillment
Embedded Finance
Solutions By Text Acquires Triple Play Pay to Expand FinText Payments and Embedded Commerce Capabilities
Solutions by Text, which enables embedded payments through a compliance-first messaging platform, has acquired Triple Play Pay, a payments platform. Strategically, this deal unifies
Fintech
UK Insurtech Marshmallow Raises $90M
U.K. fintech and insurtech startup Marshmallow has raised $90 million in debt and equity in a round led by Portage Capital, with participation from BlackRock
IDV / AML / KYB / Biometrics
Eye on POS: Clover’s Biometric Move; NCR Voyix Readies Applications Suite
Fiserv’s move to embed biometric authentication into its Clover systems via an integration with Wink signals a shift toward identity-based payments that reduce friction and
Investment - M&A
Rex Software, Cirrus8 and RealTrust Merge to Create Industry Leader
Rex Software has joined forces with Cirrus8 and RealTrust Property Accounting Solutions to create a leading real estate software and solutions provider for residential and
Open Banking
Modulr Expands to US With FIS Partnership
Modulr, a leading provider of modern payment technology, is entering the U.S. market via a strategic partnership with FIS, embedding its real-time, API-first payments technology
Payments
Euronet Worldwide to Acquire CrediaBank’s Merchant Acquiring Business
Euronet Worldwide, a US payments provider, has acquired CrediaBank’s merchant acquiring business, alongside a broader partnership, signaling a strategic push to deepen Euronet’s vertical
PropTech
Valsoft Corporation Acquires Jazzware, Expanding Its Hospitality Technology Portfolio
Valsoft Corporation, a Canadian company specializing in the acquisition and long-term development of vertical market software businesses, has acquired Jazzware, a U.S.-based provider of
Saas
Fifteenth Announces $8.25 Million in Seed Funding to Help Tech Professionals Navigate Complex Taxes with Ease and Automation
Fifteenth, a tax solution designed for tech professionals with complex financial situations, has secured $8.25 million in seed funding led by A* and General Catalyst.
Specialty Finance / LendTech
CFPB Poised to Exempt Some Fintech Cash Advances from Loan Rules
The Consumer Financial Protection Bureau is poised to issue guidance clarifying that certain earned-wage access (EWA) products, which allow workers to access pay before
Press
Fintech Investment Bank Wellesley Hills Financial Expands Capabilities with New Executive Advisors
Announces addition of two recognized fintech and payments leaders to the team NEWTON, Mass.–(BUSINESS WIRE)–Wellesley Hills Financial, a global investment bank and strategic advisory
Week's Most Interesting
Capital Markets Tech
Broadridge Completes Acolin Acquisition to Expand Cross-Border Fund Distribution
Broadridge Financial Solutions has successfully completed the acquisition of Acolin, a Zurich-based specialist in cross-border fund distribution and regulatory compliance services. This strategic transaction
Chart Of The Week
Wealthfront (NASDAQ: WLTH)
Wealthfront (NASDAQ: WLTH) recently issued new shares in an initial public offering, which received a tepid response from investors; the stock trended slightly down in
Crypto
Tether Leads $8 Million Investment in Speed to Propel Bitcoin Lightning And Stablecoin Payments
Tether, a leading digital asset infrastructure provider, has led an $8 million strategic investment round in Speed, a payments technology company developing a hybrid settlement
Embedded Finance
Solutions By Text Acquires Triple Play Pay to Expand FinText Payments and Embedded Commerce Capabilities
Solutions by Text, which enables embedded payments through a compliance-first messaging platform, has acquired Triple Play Pay, a payments platform. Strategically, this deal unifies compliant
E-commerce
Amazon AI Tool Blindsides Merchants by Offering Products Without Their Knowledge
Amazon is testing an AI-driven “Buy For Me” feature that duplicates independent merchants’ product listings and fulfills orders on their behalf, leading to fulfillment errors,
Fintech
UK Insurtech Marshmallow Raises $90M
U.K. fintech and insurtech startup Marshmallow has raised $90 million in debt and equity in a round led by Portage Capital, with participation from
Fraud/Risk Management
Eye on POS: Clover’s Biometric Move; NCR Voyix Readies Applications Suite
Fiserv’s move to embed biometric authentication into its Clover systems via an integration with Wink signals a shift toward identity-based payments that reduce friction and
Investments - M&A
Rex Software, Cirrus8 and RealTrust Merge to Create Industry Leader
Rex Software has joined forces with Cirrus8 and RealTrust Property Accounting Solutions to create a leading real estate software and solutions provider for residential
Open Banking
Modulr Expands to US With FIS Partnership
Modulr, a leading provider of modern payment technology, is entering the U.S. market via a strategic partnership with FIS, embedding its real-time, API-first payments technology
Payments
Euronet Worldwide to Acquire CrediaBank’s Merchant Acquiring Business
Euronet Worldwide, a US payments provider, has acquired CrediaBank’s merchant acquiring business, alongside a broader partnership, signaling a strategic push to deepen Euronet’s vertical
Valsoft Corporation Acquires Jazzware, Expanding Its Hospitality Technology Portfolio
Valsoft Corporation, a Canadian company specializing in the acquisition and long-term development of vertical market software businesses, has acquired Jazzware, a U.S.-based provider of mission-critical
Saas
Fifteenth Announces $8.25 Million in Seed Funding to Help Tech Professionals Navigate Complex Taxes with Ease and Automation
Fifteenth, a tax solution designed for tech professionals with complex financial situations, has secured $8.25 million in seed funding led by A* and General Catalyst.
Specialty Finance / LendTech
CFPB Poised to Exempt Some Fintech Cash Advances from Loan Rules
The Consumer Financial Protection Bureau is poised to issue guidance clarifying that certain earned-wage access (EWA) products, which allow workers to access pay before payday,