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Corporate mergers and acquisitions (M&A) activity has broken a new record this year, according to the latest data from Jeff Golman, vice chairman of Mesirow Financial. 21), Golman noted that not only is corporate M&A at its highest level ever, it also accounts for the largest-ever portion of total M&A activity.
Convenience Store M&A Deals Rev Up Despite COVID-19. billion of consolidation arrangements announced in the last four months, as a pandemic-related mergers & acquisitions (M&A) pause concludes and coronavirus changes consumer demand. Plus, the convenience store vertical has seen $21.7 for $645 million.
Paya , an eCommerce FinTech, plans to go public through a special kind of merger with an investment company, according to a press release. Paya is set to merge with FinTech Acquisition Corp. III , which is a special-purpose acquisition company. The deal values Paya at about $1.3 billion, according to the release.
In the latest Buy Now, Pay Later Tracker, Brian Garofalow, vice president of eCommerce for cooler retailer Igloo, discusses how providing flexible payment options adds value, but why retailers need to be strategic about the payment methods they accept. Roundtable: Should Tech M&A Be Locked Down During The Pandemic?
Further, this week’s B2B Venture Capital roundup finds VC funding isn’t the only investment strategy for B2B FinTechs, with (mergers and acquisitions) M&A activity seeking a spike, as well as some high-profile plans by industry players to go public. leading the investment. Cardlay, based in the U.K.,
Both were already suffering from bloated debt levels that left them little able to respond to the sweeping changes in American retail over the past two decades, including the rise of eCommerce and the migration of young people from the suburbs to cities after the financial crisis,” the report notes. “In They would get their hair done.
Plati Potom develops post-payment solutions for eCommerce and offline retailers, as well as data analysis and credit risk management tools. According to QIWI, the core focus areas of Plati Potom include research and implementation of various technologies, like data science in the fields of payments, eCommerce and credit risk management.
To that end, Far Point Acquisition – which operates as a “blank check” company that focuses on financial technology deals – said on Thursday (Jan. Other investors include Alibaba affiliate Ant Financial Services Group, which will invest $125 million and will “accelerate strategic collaboration with the company.”. billion euros.
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