Shift4 Expands Global Reach with $2.5B Acquisition of Swiss Paytech Global Blue
Shift4 to acquire Global Blue in a $2.5bn deal to expand global payment capabilities
US payments firm Shift4 has signed a $2.5 billion agreement to acquire Swiss paytech Global Blue, enhancing its merchant solutions with tax refund and currency conversion capabilities.
With a focus on global e-commerce and cross-border payments, this move aligns Shift4 with major players like Ant International and Tencent, who are exploring strategic partnerships.
Could this be a game-changer for international payments? 🌍💳
Capital on Tap secures £750m to expand UK and US operations
UK FinTech Capital on Tap has raised £750 million through two major funding facilities, including a £550 million Master Trust from BNP Paribas and Citi – the first non-bank credit card master trust in Europe since 2015.
The funding will fuel the company’s expansion in the UK and US, enhancing its ability to support small businesses with credit solutions.
Could this signal a new era for SME financing? 💳📈
Klarna brings flexible payments to the car subscription market
Klarna has partnered with Munich-based car subscription start-up FINN, allowing German customers to pay their monthly car subscription fees using Klarna’s “monthly invoice” product.
As the car subscription market grows, this move aims to provide greater flexibility and convenience for drivers, integrating seamless payment solutions into modern mobility.
Could this redefine how we pay for car ownership? 🚗💳
BNP Paribas partners with Broadridge to enhance $13.7T in asset recovery
BNP Paribas Securities Services has partnered with Broadridge to improve asset recovery across $13.7 trillion in custody, leveraging automated claim processing and data analysis.
The collaboration aims to streamline class action claims and maximize recovery opportunities for BNP Paribas’ clients.
Could this set a new standard for securities litigation? 🔍📊
Investcorp partners with Awaed to offer pre-IPO investment opportunities
Investcorp has launched a commercial partnership with Awaed, a commission-free Saudi trading platform, allowing investors to access pre-IPO Saudi and GCC companies through the Investcorp Saudi Pre-IPO Growth Fund.
Could this reshape access to private market investments in the region? 📈🌍
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