Echoes of the Past – Shopify v. Amazon Elicits Memories of ‘PayPal Wars’
Back in early 2000, a nascent PayPal – pre-merger with Elon Musk’s X.com – led by two of its founders – Luke Nosek and David
September 3, 2022
CSI, a Decades-Old Fintech Solutions Vendor, Agrees to be Acquired For $1.6B
CSIWeb, a provider of payments processing and regulatory compliance services, has been acquired by Centerbridge and Bridgeport Partners for $1.6 billion. The transaction will help
August 28, 2022
Pre-Paid ‘Binance Card’ to Be Used at Over 90M Mastercard Merchants Worldwide
Mastercard, the global payments giant and card network of “choice”, is collaborating with Binance, the cryptocurrency custodian and exchange, to launch a prepaid card called
August 26, 2022
China Fintech Company Lufax Plans Hong Kong Listing to Hedge US Risk
Lufax Holding Ltd, the China-based wealthtech and fintech giant, is planning to go public in Hong Kong, the latest in a wave of New York-traded
August 15, 2022
Bruised By a Valuation Freefall, Payments Companies Brace For M&A
Nexi, Europe’s largest payment processor, has received numerous proposals from private equity groups, including Silver Lake, to take the company private. Negotiations with Silver Lake
August 15, 2022
You Cool Man?
Imagine what Ron “Slater-son” Slater would be saying today if he were in high school while the country was on the precipice of federal cannabis
August 14, 2022
Financial Venture Studio Closes $40 Million Fund II
Financial Venture Studio, a US venture capital fund specializing in early-stage fintech startups, announced the final close of their second fund with commitments totaling about
August 12, 2022
Xplor Technologies Acquires Enterprise Selling Solutions
Xplor Technologies, a global field service management SaaS platform, integrating software, embedded payments, and Commerce Accelerating Technologies for “everyday life” businesses, has announced today that
August 8, 2022
BNPL Fintech Kontempo Closes $30M Seed Round
Kontempo, the Mexico-based, buy-now-pay-later (BNPL) fintech, recently raised over $30 million in a seed round led by Portage Ventures. It was funded with $25 million in
August 8, 2022