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Aiwyn has acquired QuickFee’s U.S. payments business, including QuickFee Pay Now and QuickFee Connect, to add new capabilities to Aiwyn’s payments and collection platform for accounting firms.
The company’s partnership with QuickFee will enable Aiwyn to provide customers with access to QuickFee’s Pay Later finance offering, and QuickFee customers can continue to use their existing...
Digital bank and FinTech firm Green Dot has added it Stripe to its partnership network.
The collaboration, announced Monday (Sept. 8), will see Stripe Treasury employ Green Dot’s embedded finance platform Arc to let users add cash to their accounts at any of Green Dot’s more than 90,000 money processing locations around the country.
“We’re thrilled to partner with Stripe to embed more...
Sweden-listed cryptocurrency asset manager CoinShares is preparing to go public in the U.S.
The company announced Monday (Sept. 8) that it had entered into a special purpose acquisition company (SPAC) agreement that will see CoinShares list on the Nasdaq, valuing it at $1.2 billion. Following the agreement, CoinShares will delist from the Swedish market.
Jean-Marie Mognetti, co-founder...
Artificial intelligence (AI) software code generation firm Cognition is now a $10 billion company.
The startup announced Monday (Sept. 8) that it had raised $400 million in a funding round, the latest in a series of AI firms seeing their valuations skyrocket recently.
“We founded Cognition last year to build the future of software engineering,” Co-founder and CEO Scott Wu wrote on the...
Qualcomm Technologies and Google Cloud have partnered to provide automakers with tools they can use to add artificial intelligence (AI) agents to their vehicles.
This collaboration brings together Google Cloud’s Automotive AI Agent, which facilitates the creation of AI agents, and Qualcomm’s Snapdragon Digital Chassis, an open platform designed for building the “software-defined...
The SEC is upping its efforts to fight cross-border fraud targeting American investors.
A new cross-border task force, announced by the Securities and Exchange Commission (SEC) Monday (Sept. 8), will initially focus on investigating possible securities law violations connected to overseas companies, including market manipulation such as “pump and dump” schemes.
“We welcome companies...
Foot Locker is now officially a part of Dick’s Sporting Goods.
Dick’s announced Monday (Sept. 8) that it had concluded its $2.4 billion acquisition of the footwear and sporting goods chain. This purchase gives Dick’s a greater piece of the sneaker market, as it now operates more than 3,200 stores, while positioning it to expand on an international basis.
“We are excited to officially...
While stablecoin debates often focus on transparency, reserve quality, and systemic contagion, the greatest risk could be far more mundane: math.
As USD-pegged stablecoins increasingly flood the marketplace competing for users, liquidity splinters across platforms and may prevent most from ever achieving operationally effective adoption. As a result, countless stablecoins, whether...
Data analytics firm Databricks is closing a $1 billion Series K funding round that values it at over $100 billion, up from $62 billion at the beginning of the year.
The company will use the new capital to accelerate its launch of new artificial intelligence (AI) products that help companies deploy AI apps and agents, it said in a Monday (Sept. 8) press release.
Databricks’ AI strategy...
PNC Bank is looking westward with its acquisition of Colorado-based lender FirstBank.
The $4.1 billion deal will make Colorado one of PNC’s top markers in the country, more than tripling its branch network there, according to a Monday (Sept. 8) press release. PNC will become Denver’s top bank in terms of retail deposit and branch share, at respective 20% and 14%.
Denver will also...