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Goldfinch | March 02, 2022
Goldfinch Partners LLC and The Baupost Group, LLC announce their milestone achievement by closing the Western Union Business Solutions (WUBS) acquisition for $910 million. WUBS will be renamed Convera as a new standalone B2B global payments company. In 2021, it registered beyond 20 percent revenue gain and payments volume of $170 billion. Patrick Gauthier will be serving as Convera’s CEO.
About this news, Mr. Gauthier shared his words. He says, “At Convera, our purpose...
Adyen, Flywire | December 15, 2020
Adyen, the worldwide payments platform of decision for huge numbers of the world's driving organizations, and Flywire, a high-development vertical payments company, today reported a partnership which coordinates Adyen into Flywire's worldwide organization of payment partners.
Through the coordinated effort with Adyen, Flywire's clients – dominatingly, associations in the instruction, medical services, and travel enterprises – will profit by:
IQ Capital | July 14, 2020
The fresh capital will be used to fund CyberSmart’s growth, which has seen an increase in demand with a revenue increase of 300 per cent over the past 12 months, as the lockdown accelerated the use of its cloud-based technology, according to the company. “We are delighted to have closed our Series A funding round with GBP 5.5 million to fund our next stage of growth. Our investors have seen that we have built a great technology and also a great team,” said Jamie Akhtar, CEO of ...
LoanPro | July 09, 2021
LoanPro, a major SaaS-based loan management, servicing, and collections platform for alternative, fintech, and traditional lenders, announced today a $100 million growth equity investment from FTV Capital, a sector-focused growth equity investor in innovative enterprise technology and services, financial services, and payments and transaction processing firms. LoanPro will use the funds raised to improve the functionality of its platform, expand into new loan sectors, and engage in client-centri...
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