Digital banking firm Mercury rakes in $120m at $1.62bn valuation
Mercury, a digital banking company aimed at startups, has raised $120m in Series B funding round, taking its valuation to $1.62bn. The round was led by Coatue, with participation from…
Deal News
First Mid Bancshares to acquire Delta Bancshares Company for $106.3m
First Mid Bancshares has signed a definitive agreement to acquire Missouri-based Delta Bancshares Company for…
IFC acquires 4.99% stake in India’s Federal Bank with $127m investment
International Finance Corp (IFC) has made an investment of $127m in Indian private-sector lender Federal Bank. The investment provides IFC…
UniCredit to begin exclusive talks to acquire Monte dei Paschi
UniCredit said that it will begin exclusive discussions to acquire parts of Banca Monte dei Paschi di Siena (MPS). The…
finleap connect buys Spanish open banking firm MyValue Solutions
German fintech firm finleap connect has purchased Spanish open banking provider MyValue Solutions for an undisclosed sum. Founded in 2009,…
Citizens Financial Group to acquire Investors Bancorp for $3.5bn
Citizens Financial Group has agreed to acquire Investors Bancorp in a stock and cash deal valued at approximately $3.5bn. As…
Figure Technologies raises $200m at $3.2bn valuation
US-based blockchain technology company Figure Technologies has secured $200m in its oversubscribed Series D funding round. The latest fundraising values the company $3.2bn. The round saw the participation of new…
TriCo Bancshares to acquire Valley Republic Bank-parent for $165.6m
TriCo Bancshares has signed a definitive agreement to acquire Valley Republic Bank’s parent company Valley Republic Bancorp for $165.6m. As agreed, Valley Republic Bank will merge with and into TriCo’s…
Australia’s children-focused fintech Spriggy rakes in $25.7m to spur growth
Australian family finance app Spriggy has raised $25.7m (A$35m) in series B funding round led by NAB Ventures. Existing investor Grok Ventures also joined the round along with Perennial Value Management. The…
CVB Financial to acquire Suncrest Bank for $204m
CVB Financial has agreed to purchase Suncrest Bank in a stock and cash transaction valued at approximately $204m. As per the terms of the agreement, Suncrest will merge with and…
BaaS platform Solarisbank raises $224m; to acquire smaller peer Contis
Banking-as-a-Service (BaaS) platform Solarisbank has raised $224m (€190m) in an oversubscribed Series D funding round. The move increases its valuation to €1.4bn. Separately, Solarisbank announced the acquisition of a smaller…
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