News

Fintech Unicorns Solarisbank and Feedzai Partner for Enhanced Risk Management

Feedzai, an American cloud-based financial risk management platform, and Berlin-based Banking-as-a-Service (BaaS) platform Solarisbank announced a multi-year partnership at Money20/20 Europe. With this new partnership, Solarisbank is leveraging Feedzai’s proprietary technology which enables them to apply an effective risk management which

Read More

Entrust Signs Deal to Acquire Parisian Fintech Antelop Solutions

Entrust, an American digital security and credential issuance solutions provider, announced that it has signed a deal to acquire Antelop Solutions, a Paris-based fintech that enables financial institutions to issue secure digital credit and debit cards to their customers. This

Read More

Blockdaemon Attains Unicorn Status With US$155 Million Series B

Blockchain infrastructure platform Blockdaemon announced that it has closed a Series B funding round of US$155 million with a valuation of US$1.255 billion. The round was led by SoftBank Vision Fund 2, with participation from Matrix Capital Management, Sapphire Ventures,

Read More

Coinbase to Invest US$500 Million Into Crypto Assets

American cryptocurrency exchange platform Coinbase announced that it has committed to invest US$500 million of its cash and cash equivalents into a diverse portfolio of crypto assets. Coinbase added that going forward, it will also allocate 10% of quarterly net

Read More

SpotOn Raises US$300 Million in Series E Funding to Acquire Appetize

SpotOn, provider of mobile payment technology and management system for restaurants and small businesses, announced US$300 million in Series E funding, raising its valuation to US$3.15 billion. The funding, which comes four months after SpotOn’s US$125 million Series D, will

Read More

Payments Platform Melio Raises US$250M Series D

New York-based Israeli B2B payments platform Melio has tripled its valuation to US$4 billion with its latest fundraise of US$250 million in a Series D, according to a statement. The round was co-led by Thrive Capital and existing backers of

Read More

Goldman Sachs to Acquire GreenSky for US$2.24 Billion

Goldman Sachs Group has signed a deal to acquire GreenSky, a fintech platform for home improvement consumer loan originations, in an all-stock transaction valued at approximately US$2.24 billion. GreenSky’s differentiated lending capabilities and market-leading merchant and consumer ecosystem will help

Read More

TransUnion Acquires Neustar for US$3.1 Billion to Enhance Digital Identity Capabilities

American consumer credit reporting agency TransUnion has signed a US3.1 billion deal to acquire Neustar, an identity resolution company, from a private investment group led by Golden Gate Capital and with minority participation by GIC. ​​​​​​Neustar’s security business, which is

Read More

Payroll Platform Papaya Global Raises US$250 Million at US$3.7 Billion Valuation

Papaya Global, a New York-based workforce management platform transforming global employment, announced that it has raised US$250 million in Series D funding, bringing the company’s valuation to US$3.7 billion. Papaya’s valuation has increased tenfold since September 2020 with a total

Read More

Canadian Startup Nuula Secures US$120 Million to Boost Service Offerings for SMEs

Nuula, a Canadian mobile application that gives small business owners instant access to critical business metrics, announced that it has raised US$120 million. The total funds secured are US$20 million in equity funding led by Edison Partners that will accelerate

Read More