Australian fintech Earnd acquired by the UK’s Wagestream
UK-headquartered Wagestream has acquired Australian fintech startup Earnd.
Wayflyer grows Australian business with new investments and partnerships
Wayflyer plans to expand its presence in Australia through new hires and investments in the country’s rapidly growing SME-sized eCommerce businesses.
Trading app Robinhood says it filed confidentially for IPO
Robinhood could be worth as much as $40 billion in an IPO, based on trading in the secondary market, according to Bloomberg.
Xero makes Swedish acquisition
New Zealand’s Xero has acquired a Swedish e-invoicing technology provider Tickstar for around SEK$150 million.
Swedish fintech Zaver raises $5M to bring cardless payments and BNPL to ‘durables’ sector
Swedish fintech Zaver, which enables merchants to accept cardless payments and offer buy-now-pay-later as an option, has raised $5 million in new funding.
Vancouver fintech Beanworks to be acquired for $105m
Another high-growth Vancouver tech company is set to be acquired — this time in a deal worth about $105 million. French enterprise services firm Quadient SA ADR revealed Monday it’s buying a 96% stake in B.C.’s Beanworks Solutions Inc. for what it describes as “slightly above” €70 million. The new parent company said “two key leaders” will retain a minority stake in Beanworks following the all-cash deal, although Quadient has an option of completely acquiring the Vancouver company in the coming years. Beanworks specializes in accounts payable software and was B.C.’s eighth-fastest growing company in 2020 with five-year revenue growth of 725%. Founded in 2012, it has a headcount of about […]
Revolut seeks to join U.S. Online Banking rush with new license
Revolut has asked U.S. regulators for a banking license in a effort to capture more of the country’s switch to online financial services.
Mambu first to market with Sharia-compliant SaaS banking platform
Mambu, the newly-minted fintech unicorn, today announced the highly anticipated launch of the Sharia-compliant version of its SaaS banking platform.
