This is the third installment of our AI – Payments, Commerce & Markets series, expertly constructed by Wellesley Hills Financial Executive Advisor Wayne Johnson III.
PowerPay, a specialty finance platform for home improvement and patient financing, has added Synovus Bank and Nearwater Capital to its warehouse lending syndicate, securing $300
Western Union, a financial services company specializing in money transfers, has agreed to acquire Miami-based International Money Express (Intermex) for $500 million in cash, paying
1Kosmos, a New Jersey-based provider of identity proofing and passwordless authentication, has raised $57 million in Series B led by Forgepoint Capital and Oquirrh Ventures,
Klarna Group has entered a multi-year forward-flow agreement to sell up to $26 billion of buy-now, pay-later loans to Nelnet Inc., enabling Klarna to free
eBay has integrated open banking into its Seller Capital program to provide faster, more inclusive financing for sellers by allowing them to securely share real-time
Inclined Technologies, an insurtech startup that lends against whole life insurance policies, has raised $8 million in Series B led by HSCM Ventures, with participation
Zodia Markets, a UK-based institutional digital asset exchange and brokerage backed by Standard Chartered’s SC Ventures and OSL Group, has raised $18.25 million in Series
Altus Group, a Canadian commercial real estate software and data analytics provider, is exploring a potential sale after receiving acquisition interest, with investment bankers soliciting