Preferred Return

FINANCIAL MANAGEMENT

Avalara | August 09, 2022

Avalara, Inc., a leading provider of tax compliance automation for businesses of all sizes, today announced it has entered into a definitive agreement to be acquired by Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses, in partnership with institutional co-investors. Under the terms of the agreement, Vista will acquire all outstanding shares of Avalara common stock for $...

Ivy Lender | May 04, 2020

Ivy Lender has called out banks and fintechs for exploiting the Paycheck Protection Programme (PPP). SBA has tried to tackle the unequal treatment to small businesses many of which are now suing major banks.

FINTECH

Trovata and Banco Santander | September 05, 2022

Trovata, the leading fintech in automating cash workflows through multi-bank API data aggregation for corporate finance and treasury teams, announced today a global distribution agreement with Santander. Through the partnership, Santander will market & refer Trovata’s cash management platform to its corporate & investment banking clients to modernize treasury workflows through data-driven automation. With Trovata’s next-gen platform, Santander offers its client...

PAYMENTS

Finastra | October 12, 2021

As Sibos 2021 opened (virtually) today, Finastra announced new instant onboarding capabilities for its Fusion Payments To Go solution. The move enables banks to access the benefits of Finastra's SaaS solution at speed and with reduced cost, meaning organizations can bring innovative and tailored payments products to their customers with greater efficiency as demands change. Oren Marmur, General Manager, Payments at Finastra, said, "We are committed to making payments tran...