Fintech
Payload Funding Push Highlights Demand for Embedded Payments
Cincinnati-based startup Payload secured its first significant outside capital in an investment led by Fifth Third, highlighting demand for embedded payments.
Plus500 upgraded to buy by Cavendish as shares rise 1.2%
Cavendish upgraded Plus500 to a buy rating, arguing that a recent 25% share price slide leaves the fintech group undervalued despite strong US growth.
Bizcap US launches, bringing fast, flexible funding to SMBs
International lender Bizcap has expanded into the United States, promising small businesses rapid decision-making and flexible revolving capital facilities. The platform aims to provide an alternative to traditional bank loan processes for companies requiring rapid working-capital injections.
PayPal jumps 16% as Stripe and Advent unveil $53bn acquisition offer
PayPal stock rose after reports of a $53 billion takeover offer led by Stripe and Advent International. Analysts are split on whether the bid reflects the company's intrinsic value.
Stripe Teams Up With Advent International in $53B Takeover Offer for PayPal
Stripe and private equity firm Advent International have submitted a bid to acquire PayPal for $53 billion. The proposal would result in an equal ownership split.
PayPal receives $53bn joint acquisition bid
Stripe and Advent International have submitted a joint proposal to acquire PayPal in a deal valued at more than $53 billion. The offer would keep the company whole, though PayPal has not yet responded to the bid.
Stripe and Advent submit $53 billion bid to acquire PayPal
Stripe and Advent International have proposed a $53 billion acquisition of PayPal, a move that could significantly alter the global digital payments sector.
Theparkpay secures payment service provider licence in Canada
Theparkpay has officially expanded its North American operations after receiving a Payment Service Provider licence from the Bank of Canada. This new authorization allows the fintech to offer real-time settlement capabilities to its international network of merchants.