Payments challenger Airwallex confirms unicorn status with DST Global-led Series C round

Cross-border payments challenger Airwallex has confirmed its unicorn status by passing a $1bn valuation through its latest funding round.

Mastercard agrees $300m cornerstone backing for IPO of PE-backed Network International

Mastercard has agreed to make a $300m cornerstone investment in the planned London IPO of private equity-backed payments processing business Network International.

Appen to acquire Figure Eight in a deal which could reach $300m

Dataset analysis platform Appen has acquired Figure Eight, a developer of machine learning technology, in a deal which could be worth $300m.

VC-backed DataStax prepares IPO, enlists banks for underwriting – report

Venture capital-backed DataStax is reportedly preparing an initial public offering this year, that could value the data management platform at more than $1bn.

Ping An said to be eyeing IPO of OneConnect

China-based insurance giant Ping An is reportedly looking to launch an initial public offering for its OneConnect solution at a potential valuation of $8bn. OneConnect...

Singapore Life moves into payments with Yolopay acquisition

Life insurance company Singapore Life has acquired Yolopay, supporting its move into the prepaid card sector.

Morgan Stanley acquires Solium Capital in $900m deal

Solium Capital, a startup offering global equity administration, financial reporting and compliance, has been acquired by Morgan Stanley in a deal worth around $900m.

Solera acquires claims software developer in4mo Oy

Intelligent data and SaaS platform Solera Holdings has acquired in4mo Oy, a software developer for the insurance and property industries.

Italian FinTech Objectway acquires Algorfin

Objectway, a software developer for the wealth and asset management industries, has acquired Algorfin for an undisclosed amount.

Fiserv acquires and merges with First Data

Fiserv has acquired and merged with First Data Corporation to create a payments and financial technology provider.