Teza Technologies

Facebook, Reliance | April 23, 2020

Facebook (FB.O) is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries’ (RELI.NS) digital arm, as it looks to roll out services for India’s grocers and small businesses by capitalizing on WhatsApp’s extensive reach in the country. The deal announced on Wednesday is Facebook’s biggest since its $22 billion buyout of WhatsApp in 2014 and will give the Menlo Park, California-based firm a stake in Jio Platforms - the digital services entity that house...

Core Banking, Fintech

Businesswire | April 13, 2023

Wise, the global technology company building the best way to move money around the world, and Bluevine, the leading provider of small business banking solutions, today announced a partnership that leverages the power of Wise Platform to make international payments more convenient, simple and transparent for Bluevine’s customers in its all-in-one digital banking account. Research found that 75% of SMBs are dissatisfied with cross-border payment solutions because fees are no...

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 $...

Financial Management

Capco and Savana | November 17, 2022

Capco, a global technology and management consultancy dedicated to financial services, and Savana, an industry leader in building financial software for banks and fintechs, today announced a strategic partnership to accelerate banks' transformation journeys and drive continuous digital product innovation. The partnership brings together Capco's deep domain knowledge, creative culture and strong relationships with leading financial institutions, and Savana's technology ...