Acorns acquires child-focused fintech GoHenry to expand in Europe
Micro-investing fintech Acorns has acquired child and teen-focused digital banking startup GoHenry to drive an expansion into Europe. Acorns said it now has a total of...
Tagged: Mergers and acquisitions
British fintech champion accused of ‘systematic’ failures in anti-terror controls
British financial technology pioneer Railsr has been accused of gross anti-terrorist financing and money laundering failures at its Lithuanian subsidiary as it struggles to find a...
Demystifying Banking Regulators’ Recent Crypto Actions: Key Takeaways for Fintech Companies
The last few years had started to see a convergence between crypto and banking, with bitcoin appearing to be rapidly growing mainstream. That momentum hit a...
Marqeta acquires Power Finance for up to $275 million
Publicly traded card issuer and payment processor Marqeta (Nasdaq: MQ) has agreed to acquire Power Finance, a New York-based startup that enables brands to easily spin...
Wilson Sonsini adds Jess Cheng, former senior Federal Reserve Payments Counsel, to the Fintech and Financial Services Group
– With the addition of Cheng and others with Fintech expertise, Wilson Sonsini formalizes its “Fintech and Financial Services” group – Consult:Wayne KesslerBaretz+Brunelle+1 732.239.9710 (mobile)[email protected] PALO...
FinTech Acquisition Corp. WE announce that they will redeem their public shares | News
PHILADELPHIA, PA, Nov. 18 2022 (GLOBE NEWSWIRE) — FinTech Acquisition Corp. VI (NASDAQ:FTVI) (the “Company”), a blank check company formed for the purpose of acquiring or...
India’s biggest fintech M&A deal falls through: PayU cancels BillDesk acquisition
The biggest merger and acquisition (M&A) deal in the Indian fintech space has fallen through, with Prosus-backed PayU calling off its acquisition of BillDesk. The acquisition,...
Federal regulators are looking to update bank merger rules amid the fintech challenge
Federal bank regulators continue to signal that they are moving to update bank merger guidelines that have been in place since 1995 in light of how...
SEC Proposed Changes Regarding ESG Disclosures: Considerations for Fintech-Oriented Investment Advisors
Recently proposed environmental, social and governance (ESG) changes to the ADV form under the Investment Advisers Act of 1940 (Advisers Act) underscore the need for federally...
Fintech and financial services | Wilson Sonsini
Much of our clients’ success comes from applying our expertise to a wide range of services: initial structuring and financing, regulatory strategies, IP protection, commercial partnerships...