SumUp Gets Fivestars in a $317 Million Deal
SumUp, a UK-based payments processor rivaling PayPal, has made a $317 million acquisition. The company acquired marketing start-up Fivestars to provide sales...
”Inflation Weighs Most on Emerging Markets,” Says JPMorgan Report
The latest report from JPMorgan on Emerging Markets (EM) suggests downward revisions to growth and upward revisions to inflation. The report states that...
Standard Chartered CEO Says Crypto Is Here to Stay After Dimon Disses Bitcoin
British investment bank Standard Chartered believes in the future of cryptocurrencies. The bank is positive despite regulations on the nascent asset class...
JPMorgan Joins UN Climate Action Finance Plan
JPMorgan Chase & Co has announced its intention to join the United Nations’ Net-Zero Banking Alliance on Friday. The alliance consists of...
Q3 Results of Jefferies Beats Expectations
Jefferies Financial Group has announced its Q3 results. Their performance for this quarter was significantly impressive. The bank surpassed all expectations that...
Wall Street Predicts 1.8% US Treasuries by End of Year
The 10-year US Treasuries, a significant economic indicator for assets and the economy itself, went from 1.13% early this August to around...
Wealth Fund in Turkey to Get Majority Stake in Telecom Giant
Turkey's Wealth Fund seeks to acquire a majority stake in the state's second-largest telephone company. This deal has the potential to re-nationalize...
i3 Verticals Announces Acquisitions to Strengthen Healthcare Vertical
i3 Verticals Inc. announced on Monday, Oct. 4, that it had acquired a company to help strengthen i3's healthcare vertical. This acquisition...
PlayStation Studios Buys BluePoint Games
PlayStation Studios has announced (NYSE: SONY) its acquisition of long-time business partner BluePoint Games. Neither Playstation nor Bluepoint has disclosed the deal’s...
Carmaker Volvo Announces Potential $25 Billion IPO
On Monday, Oct. 4, Swedish car brand Volvo announced its plans to go public as it switched to making electric vehicles. If...
Recent Articles
KKR Buys Japan’s Largest Storage Tank Operator
New York-based investment firm Kohlberg Kravis Roberts (NYSE: KKR) has signed an agreement to buy Japan's Central Tank Terminal (CTT). KKR will buy the Japanese chemical...
Supply Chain Woes Lead to Higher Post-Pandemic Costs
Supply chain woes lead to higher costs. Results from Procter & Gamble Co, Danone SA, and Ericsson show higher costs and supply chain disruptions. Therefore,...
Rent the Runway Struts into $1.7 Billion Valuation
Rent the Runway struts into a $1.7 billion valuation. This comes after its shares opened nearly 10% above their IPO price. Goldman Sachs...
EQT Ventures Backs Innovative Blockchain Startup Moralis
Blockchain application development platform Moralis raised $13.4 million in its latest seed funding round. Additionally, this seed funding round was primarily led...
Appian Cashes in on Brazilian Mining Assets After South African Buyout
Appian Capital Advisory LLP sold two of its Brazilian mining companies to South African-based Sibanye-Stillwater. The companies, Atlantic Nickel and Mineração Vale...
Most Popular
SoftBank-backed Grab Raises $200 Million from STIC Investments
Southeast Asian ride-sharing market leader Grab Holdings, Inc. is raising $200 million from South Korean private equity firm STIC Investments, Inc. The company...
DraftKings Adds Basketball Legend Michael Jordan to its Portfolio of Investors
On Wednesday, DraftKings, announced that former Chicago Bulls basketball player and NBA Hall of Fame inductee Michael Jordan, will be joining the...
New Chapter 11 Filings, Disclosures: November 9 – November 13, 2020
At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of November 9...
Thoma Bravo Announces Investment in Foundation Software
Thoma Bravo, a leading private equity investment firm, today announced its acquisition of Foundation Software, a leading provider of construction accounting software...
LoudCrowd Raises $2.2 Million in Seed Funding Round
LoudCrowd raised $2.2 million in a seed funding round led by LiveOak Venture Partners. Founded in March 2019, the Texas-based start-up helps...
