Jack Ma’s Ant Financial files for what could be the biggest IPO ever

Chinese tech powerhouse Ant Financial has filed for what could be the biggest initial public offering ever, which could see the company raise $30bn.

Tandem Bank has acquired Allium Lending Group in a £60m deal

UK challenger bank Tandem Bank has acquired green lender Allium Lending Group as part of a £60m fundraising deal.

It’s official: Airbnb is going public

Airbnb has filed to go public confidentially, which makes an initial public offering likely within the next few months.

FXPress Payment Services acquires Avila House

FXPress Payment Services, the payment services company, has entered an agreement to acquire Avila House, a licensed small electronic money institution, subject to receiving appropriate regulatory approvals.

American Express acquires small business loans FinTech Kabbage

American Express has acquired small business loan platform Kabbage in a deal that will see the payment giant gobble up the Covid-19 beleaguered FinTech's team, solutions and IP.

Airbnb might file to go public within the next month despite Covid-19

New reports suggest that PropTech giant Airbnb might file for an initial public offering (IPO) with the Securities and Exchange Commission in August.

BLUEDOG and FortisPay merge

North America has found itself with another payment technology company as FinTechs FortisPay and BLUEDOG have announced that they are merging.

Struggling business lender OnDeck acquired by Enova in $90m deal

Online lender Enova International is acquiring struggling rival OnDeck Capital in a deal worth $90m.

UK InsurTech Brolly has been acquired by Direct Line Group and will be shutting...

Having kicked off its journey four years ago, UK-based InsurTech startup Brolly is now closing its books after being acquired by Direct Line Group.

Open banking company Tink acquires Instantor

Tink has ramped up its Europen expansion by acquiring Instantor, the credit decision solutions provider that uses open banking technology.

News Stories

POS lending solution Affirm closes $500m Series G

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.

Solving the challenge of creating a customer-centric business model – Kidbrooke demo

A recent survey from PWC found that 61% of bankers believe customer-centric business models are very important, and yet only 17% of them are “very prepared” for it. Kidbrooke has released a new demo highlighting the problem in the market.

Over 60% of InsurTechs and insurers are keen to work with BigTech companies

Over 60% of InsurTechs and insurers are looking to collaborate with BigTechs, as they look to keep up with changing customer demands, a new report claims.

Good services is more important to policyholders than pricing

New research claims the key to driving long-term relationships in home insurance is less about pricing and more about great services and reputation.

TCARE closes $3m in round led by SixThirty Ventures

TCARE, which claims to be the only evidence-based, CMS 1115 approved and accredited family caregiver support platform, has netted $3m in funding.

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