JPMorgan Chase Closes on WePay and Looks to Further Fintech Expansion
Supporting fintech startups isn’t just for mature banking groups pondering what the future may look like – the time has come to put real money on the table.
Supporting fintech startups isn’t just for mature banking groups pondering what the future may look like – the time has come to put real money on the table.
Broadcom’s $130 billion takeover offer for Qualcomm was always poised to become the deal of the year – but things are rapidly escalating.
Synopsys has acquired Black Duck in a $565 million deal intended to advance the semiconductor IP company’s presence in the open source arena.
The acquisition of Vrvana is an encouraging sign that Apple is serious about the prospect of rolling out augmented reality (AR) headsets.
Private room rentals giant Airbnb has announced a deal to buy AdBasis, a small adtech startup which has developed its own platform for ad testing and optimisation.
The market for automated software development testing tools is hotting up, as PE players are showing particular interest in this niche market.
Skyscanner, the travel search engine, has acquired Twizoo, a small London startup that helps companies pull social content to add to their platforms.
The Walt Disney Co is in talks to buy 20th Century Fox’s entertainment assets, CNBC reports.
Fintech funding in Britain is headed for a record year. Over $1 billion (£760 million) has already been poured into companies looking to disrupt in the financial space, according to new numbers from London and Partners, collected by PitchBook.
FirstRand, the South African financial services group, has confirmed plans for a takeover of Aldermore, the UK challenger bank aimed at SMEs. FirstRand has offered £1.1 billion in an “indicative proposal”, and the UK lender is expected to accept a firm offer at this level.