In a deal that will rock the fintech space Enova announced this afternoon that they are acquiring OnDeck for $90...
FIS announced today that it is buying leading payments processor Worldpay in a $35 billion deal, one of the largest...
It was the worst kept secret in fintech. There were rumors flying around during LendIt Fintech earlier this month and...
Mastercard said today that is acquiring Finicity, a leader in real-time access to financial data, for $825 million; there is...
This morning I just read this article on Reuters PE Hub. It claimed that Lending Club is also seeking a...
SoFi has announced their plans to acquire Galileo Financial Technologies for $1.2 billion in cash and stock; Galileo allows companies...
Ken Lin started Credit Karma back in 2007; since then the company has attracted 100 million members and brought in...
iCapital Network is a fintech platform serving the asset and wealth management sector; they are now acquiring Artivest, a company...
According to the Financial Times, SoFi had talks with various companies including Schwab earlier this year to sell the company; the discussions took place after an indicative offer of $6 billion from a foreign bank; the company subsequently held talks with other companies with a targeted price of between $8 - $10 billion; no acquirers were willing to match the price and SoFi decided to wait for an IPO. Source
The $5.3 billion acquisition of Plaid has created excitement in the fintech community and some believe this is only the...