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FINTECH ACQUISITION NEWS
PayPal shares jump over 15% after Stripe, Advent make $53 billion buyout offerPayPal shares surged after a reported $53 billion buyout offer from Stripe and Advent International, valuing the company at a premium. The ...- CarDekho joins IPO queue; Tech’s quiet job cutsHappy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch.
- Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
- Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.
- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- Stocks in news: Paytm, Bajaj Auto, L&T, Bharti Airtel, Hero MotoCorpMarkets closed lower amid global headwinds and geopolitical worries. Several companies like Paytm, Bajaj Auto, and L&T are in focus due to ...
- PayPal stock jumps over 7% after reports say Stripe may plan takeoverPayPal stock jumped after news that Stripe may try to buy the company. Reports said Stripe showed early interest, but nothing is final yet....
- PB Fintech shelves plan to raise funds for acquisitions via QIPIn a regulatory filing to stock exchanges on Friday, the company said its management and board are not considering a qualified institutiona...
- Indian fintech Pulse to acquire UK’s Nucleus for Rs 500 croreMumbai-based SaaS firm Pulse acquires UK SME loan originator Nucleus for around Rs 450-500 crore. The deal boosts Pulse’s UK presence ahead...
- Stocks in news: HUL, Swiggy, Tata Steel, Tata Motors, M&MIndian markets experienced marginal gains on Wednesday, influenced by mixed signals. Several companies are in the spotlight due to Q1 resul...
- Federal Bank restarts co-branded credit card issuance with fintech startup ScapiaScapia was founded in 2022 by Anil Goteti, who was previously a senior vice president at ecommerce behemoth Flipkart.
- Tata’s big Pegatron deal; Everstone acquires WingifyTata acquires a controlling stake in Pegatron Technology India. This and more in today’s ETtech Top 5.
- Fintech lending platform Moneyview acquires fintech startup Jify; attains unicorn statusMoneyview, which did not receive any fresh money in the deal, had last raised $75 million at a post-money valuation of $900 million in 2022...
- Infibeam Avenues acquires majority stake in Rediff.com, shares jump over 8%Infibeam Avenues Share Price: I am delighted to pass on this iconic brand and its legacy into the capable hands of Mr Vishal Mehta, Infibea...
- Premji Invest in talks to pick up big stake in Bank of Baroda’s Nainital BankPremji Invest in talks to acquire majority stake in Nainital Bank at around Rs 800 crore. Public sector lender Bank of Baroda, which owns a...
- Cred acqui-hires YCombinator-backed fintech SpennyzFounded in 2019 by Shah and Gaurav Arora, Spenny was a micro-investment platform that nudged users to invest small amounts of money in mutu...
- Lending taps drying up for crisis-hit ZestMoney; Payments Council pings FM for RuPay MDRTroubles seem to be mounting for beleaguered ZestMoney as lenders pull back credit lines, a day after its founders left the company after a...
- OBOPAY acquires consumer-technology firm MubbleThe acquisition is aimed towards enhancing OBOPAY’s data analytics capabilities and mobile app expertise.
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