Root Insurance files for IPO
Hot on the heels of Lemonade's IPO this summer, Root has now added its name to the list of InsurTechs going public in 2020.
Milestone Partners sells eCommission to Lightyear Capital
Milestone Partners has sold PropTech platform eCommission to Lightyear Capital.
Standard Banks takes over mobile payments player Firepay
South African financial services giant Standard Bank has taken a majority stake in regional mobile payments player Firepay.
Blackfin to sell stake in Finanzen to Eli Global
Blackfin Capital Partners have agreed to sell online marketplace for customer leads Finanzen to Eli Global.
CashFlow scoops up payments firm iCheque
Cambridge-based CashFlow is acquiring fellow Silicon Fen payments solution iCheque Network. The terms of the deal are undisclosed.
Vantiv acquires UK-based Worldpay for £7.7bn
Payment processor Vantiv has reportedly acquired UK-based Worldpay in a deal worth around £7.7bn.
Beecken Petty acquires Zenith American Solutions
Zenith American Solutions has been acquired by Chicago-based Beecken Petty O’Keefe & Company, from Water Street Healthcare Partners.
BNP Paribas acquires neo bank Compte-Nickel
BNP Paribas is set to acquire a 95% stake in neo-banking startup Compte-Nickel’s parent company Financière des Paiements Électroniques.
Toast acquires HR and payroll solution StratEx
Restaurant management company Toast has acquired HR and payroll solution StratEx for an undisclosed amount.
Visa’s acquisition of Plaid could be in jeopardy due to antitrust concerns
Visa bought Plaid in January as part of a $5.3bn deal, but now fears about it creating a monopoly situation could make regulators put a stop to the acquisition.