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Blackstone Completes Acquisition of Cvent


Cvent Holding Corp., an industry-leading meetings, events and hospitality technology provider, announced the completion of its acquisition by an affiliate of private equity funds managed by Blackstone for $8.50 per share in cash, representing a total enterprise value of approximately $4.6 billion. The transaction, previously announced on 14 March 2023, includes a substantial minority investment

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BlackRock invests in Avaloq


Blackrock and Avaloq announce strategic partnership to deliver integrated technology solutions that meet the evolving needs of asset managers This partnership will enable private bank and wealth managers to improve their operations throughout the customer journey, including referrals, portfolio building, client reporting and management. risk management. By combining Avaloq’s core banking, CRM and mobile banking

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Wealthtech OneVest raises CAD$17m


Canadian Wealth-as-a-Service firm OneVest has raised C$17 million in a Series A funding round led by Omers Ventures Luge Capital, Panache Ventures, AAF Management, FJ Labs, Fin Capital, Pivot Investment Partners and Deloitte Ventures participated in the round. Founded in 2021, OneVest provides a modular and adaptable infrastructure platform that allows financial firms to integrate

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Stripe joins Mach Alliance


Mach Alliance, a group of independent technology companies dedicated to championing innovative, open technology ecosystems, today announced that Stripe has joined the Alliance. Stripe, the company that builds the economic infrastructure for the Internet, is used by many major companies globally, from Amazon to BigCommerce, Ford, Zara, Maersk and many more. “Stripe serves as an

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UBS completes Credit Suisse acquisition


UBS has completed the acquisition of Credit Suisse today, crossing an important milestone. Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group. Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules Combined entity now operates as consolidated

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DJUST raises $12 million to simplify B2B commerce


DJUST, a B2B e-commerce SaaS platform created by former Mirakl founder Arnaud Rihiant, today announced that it has raised €12 million in a Series A growth funding round to accelerate the market expansion. Funding round by New Enterprise Associates, Inc. (NEA) leads, with additional participation from Elaia Partners. Founded in 2020, the Paris-based B2B Commerce

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Westpac to issue accessible cards for visually impaired


Westpac is launching a new set of card designs to make payments more accessible to customers who are blind or visually impaired. Credit, debit and prepaid cards will incorporate new accessibility features, including different notches along the short edge to allow customers to distinguish their payment cards from each other with a single touch. .

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Fiserv Completes Listing Transfer to the New York Stock Exchange


Fiserv, Inc., the world’s leading provider of payment technology solutions and financial services, today announced that it has completed the transfer of its public listing to the New York Stock Exchange. As of today, the company starts trading under the symbol “FI”. To celebrate the transfer, a representative from Fiserv will ring the NYSE opening

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Mastercard and NAPS Collaborate to Drive Digital Payment Innovation in Morocco


Mastercard has partnered with Moroccan financial technology NAPS to drive innovation in Morocco’s digital payments landscape. This partnership also builds on the pair’s strong historical relationship and aims to develop innovative payment solutions for individuals and businesses. NAPS, on a mission to expand the reach of digital payments in Morocco, brings together the M2M Group’s

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Finaro, Mastercard, Northmill, And Nmi Partner To Pioneer First Cloud Commerce Deployment In Europe


Finaro, the global cross-border payment provider and the fully licensed bank has today announced its European Cloud Commerce deployment with payments technology company Mastercard, Nordic neo bank and POS provider, Northmill, and leading full commerce enablement technology company, NMI. Following Mastercard’s launch in the U.S. in 2021, this partnership will bring Mastercard’s cloud-native software-based acceptance