
Ola to Acquire Fintech Avail Finance
Ola, traditionally a ride-hailing company, recently signed an acquisition agreement with Avail Finance. Ola initially transitioned into financial services with Ola Financial Services, a lending
Ola, traditionally a ride-hailing company, recently signed an acquisition agreement with Avail Finance. Ola initially transitioned into financial services with Ola Financial Services, a lending
Last week, FedEx Corp. (NYSE: FDX) reported its financial results for the quarter running December through February. In the current macroeconomic environment, FedEx, and its
Green Dot, a bank holding company and fintech-focused on financial inclusion, recently announced a partnership with open banking infrastructure provider Plaid. The partnership will aid
RIBBIT, an AI-based financial data, and technology company, recently announced a Series A funding. The round was led by ABS Capital, with additional participation from
EarnUp, a California-based fintech providing payments and data solutions to the mortgage market, recently announced a $31M funding round. Participation in Series C came from
Bazaar, an eCommerce startup based in Pakistan, recently raised $70M from Dragoneer Investment Group and Tiger Global. Additional participation in the round came from existing
Hex Trust, an Asia-based crypto custodian, recently raised $88M in a round led by Animoca Brands and Liberty City Ventures. Additional investors include Ripple, Terraform
Selector, a provider of network-aware AIOps, observability and analytics for multi-cloud, recently announced $28 million in a new round, bringing total funding to $33M. The
M&T Bank, a financial holding company, and People’s United Financial, jointly announced the date of April 1, 2022, for the closing of their previously disclosed