ASX-listed Xero to acquire US fintech Melio for US$2.5 billion
ASX-listed Xero Limited have announced it has entered into a binding agreement to acquire 100% of Melio Limited and its associated entities.
US fintech Shift4 to acquire Australian payment processing and POS company Smartpay
NYSE-listed US fintech Shift4 has signed a definitive agreement to acquire ASX-listed Smartpay, an independent provider of payment processing and point-of-sale solutions.
InvoiceCloud launches new AI Report Generator to simplify biller reporting
InvoiceCloud have launched its AI Report Generator, a new tool designed to provide utility, government, and insurance billers with real-time reporting using natural language processing.
DTCC hits historic milestone as its central securities depository subsidiary surpasses $100 trillion in assets under custody
DTCC’s central securities depository subsidiary, The Depository Trust Company, has surpassed a record-setting $100 trillion in assets under custody.
New research from Firebrand Research reveals the cost, complexity and level of readiness for European T+1
Firebrand Research has released a new research report, ‘Tackling Post-Trade Friction: Supporting a Global Shortened Settlement Cycle’.
Australian-born fintech unicorn Airwallex raises US$300 million at US$6.2 billion valuation
Australian-born fintech unicorn, Airwallex, has completed a US$300 million Series F funding round at a US$6.2 billion valuation.
Rich Data Co becomes RDC.AI, marking a new era in business and commercial credit decisioning
Leading provider of AI-driven credit decisioning solutions Rich Data Co (RDC) have announced its rebrand to RDC.AI.
Rippling announces $450 million raise in new financing
US fintech Rippling have announced that it has raised $450 million in new financing that values the company at $16.8 billion.