Topic
Purchases, acquihires and failed bids involving payments and financial technology companies.
The $400 million is Class A stock, priced on a 20-day average that will not be struck until a close expected in 2027. Neither company disclosed Tazapay's revenue, which leaves annualized volume as the only denominator on offer.
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Leatherback, the UK-founded payments firm Zedcrest Group bought in July, renamed itself Foren on 5 October after what it calls a two-year rebuild. Counterparties now face a Nigerian-owned, enterprise-focused firm whose compliance overhaul only the company has vouched for.
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3 publishersReality
Stripe agreed to buy Parafin, which has lent to more than 60,000 businesses through software platforms such as DoorDash, Jobber and Mindbody. The deal widens a lending business Stripe already runs and leaves open how much of the credit risk it will hold.
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4 publishersReality
Nu Holdings, the reported bidder behind an £8 billion to £10 billion Monzo valuation, said in a Sept. 30 filing that it is not pursuing a deal. Monzo's board now has to find that price among investors buying stakes of up to 15%.
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3 publishersReality
Monzo is in early talks to sell to Nubank at a reported £8bn to £10bn, against a £4.5bn valuation from an October 2024 employee share sale. A deal would likely end its plans to float, costing London one of the fintech listings officials hoped would revive a depleted market.
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4 publishersReality
Privy, Bridge, Ourum and Metronome all arrived without a disclosed price. Read the Google 2003 comparison literally and the suite itself is the switching cost, while the collapsed PayPal bid marks the layer Stripe still lacks.
Reality