Twilio Acquires Customer Data Startup Segment for $3.2 Billion
Twilio Inc., a customer communications platform provider, has announced it will acquire Customer Data Platform (CDP) startup Segment Inc. Twilio acquired the...
Equity Crowdfunding Platforms Crowdcube and Seedrs Agree to Merge
Crowdcube Capital Ltd (Crowdcube) and Seedrs Limited (Seedrs), two of the leading equity crowdfunding platforms in the UK, announced that they have...
NEC Acquires Leading Swiss FinTech Company Avaloq for $2.2 Billion
This week, Japanese IT and electronics company NEC Corporation announced it will acquire Avaloq Group AG (Avaloq), a Swiss financial software company....
Asda has been Acquired by Issa Brothers and TDR Capital
Walmart Inc. (Walmart) has sold a majority stake of UK-based retailer Asda Group Limited (Asda) to billionaire brothers Mohsin and Zuber Issa...
Vivaris Capital Enters Broker-Dealer Partnership with Entoro Capital
Vivaris Capital recently announced that it has entered into a broker-dealer partnership with Entoro Capital. Vivaris is focused on raising capital through...
Will Alibaba Invest in Ride-Sharing Company Grab?
This week, there has been word about multinational e-commerce company Alibaba possibly investing in Singapore-based ride-hailing startup, Grab. The investment will be...
INVL Acquires Stake in Mobility Devices Manufacturer, MBL
INVL Baltic Sea Growth Fund announced this week that it will acquire a 48% stake in medical mobility devices manufacturer, MBL.
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...
Goldman Sachs, Everstone to Acquire Infostretch
Private equity firm Everstone Group and Goldman Sachs Merchant Banking Division have acquired a significant stake in Infostretch, a leader in digital...
Blackstone Agrees to Buy Takeda Japan Healthcare Unit
Blackstone, one of the leading investment firms in the world, announced that it will acquire Takeda Consumer Healthcare Company Limited (TCHC), a...
Recent Articles
New High Yield Bond Ratings October 12 – October 16, 2020
At least 15 companies received downgrades or revisions on high yield bond ratings during the week of October 12 – October 16,...
New Chapter 11 Filings, Disclosures: October 12 – October 16, 2020
At least three major companies have either filed for Chapter 11 Bankruptcy protection or defaulted on loans during the week of October...
Wells Fargo Fires Over 100 Employees for Coronavirus Relief Fraud
Wells Fargo (WFC) fired over 100 employees for allegedly defrauding a coronavirus relief program from the U.S. Small Business Administration (SBA).
BlackRock Invests in UK Electric Vehicle Startup, Arrival
US funds manager BlackRock Inc. has invested $118 million in electric vehicle startup Arrival Ltd. The investment is the most Arrival has...
COVID-19 and Wildfires Test Mettle of California Wineries
COVID-19 has caused a surge in alcohol-related purchases, but it has also challenged many California wineries, which have had to change the...
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Impresa Aerospace Files Bankruptcy, Cites Grounded 737 Max and COVID
Impresa Holdings Acquisition Corp., a California-based, privately owned company, filed for bankruptcy on September 24. It reported losses due to 737 Max...
Springbig Announces $11.5 Million in Series B Funding
Leading provider in cannabis Customer Relationship Management (CRM), Springbig, announced the completion of a $11.5 million series B funding round. Founded in...
Wisdom Gaming Group Receives $3M in Series A Funding
Digital media company, Wisdom Gaming Group, recently announced the closure of a $3 million dollar series A funding round. The Minneapolis-based company...
Tend Secures $37M in Series B Funding
Tend, a New York-based dental health clinic, has secured $37 million in series B funding. Launched last October, Tend prioritizes the ...
Banks Continue to Shut Down Branches Amid COVID-19
As the coronavirus, COVID-19, continues to spread throughout the nation banks continue to shut down branches.
Amid the...
