Citi buys Kard to own a $10bn-a-month card rewards rail

Citi buys Kard to own a $10bn-a-month card…

Citi has agreed to acquire Kard Financial, the New York-based card-linked offers and commerce media company, in a deal announced on August 13, 2026. The bank gets outright ownership of a rewards network that Kard…

Bank of America takes 26.5% of Jio Credit, 49.9% on warrants

Bank of America takes 26.5% of Jio Credit,…

Bank of America is not buying half of Jio Credit. Read the exchange filing rather than the headlines: the structure is a 26.5% equity stake bought now, plus a warrant that could carry the US…

Visa to buy BioCatch for $2.4bn to stop fraud before payment

Visa to buy BioCatch for $2.4bn to stop…

Visa has agreed to buy BioCatch, the Israeli behavioural biometrics firm, for $2.4 billion in cash from Permira-advised funds and other shareholders, the network announced on August 3, 2026. The more revealing number sits in…

Fourthline and Veridas merge as fintech deal count falls 26%

Fourthline and Veridas merge as fintech deal count…

Dutch regtech Fourthline has agreed to merge with Spanish digital identity provider Veridas, creating a platform the two companies expect will run roughly 115 million identity verifications in 2026 across more than 50 countries. The…

PayPal board rejects $53bn Stripe-Advent bid as too low

PayPal board rejects $53bn Stripe-Advent bid as too…

PayPal's board has rejected the $53 billion all-cash takeover offer from Stripe and Advent International as inadequate, concluding at a specially convened meeting that the $60.50-per-share bid fails to reflect the value management could deliver…

Stripe, Advent bid $53bn for PayPal in record fintech deal

Stripe, Advent bid $53bn for PayPal in record…

Stripe and Advent International have offered more than $53 billion to take PayPal private at $60.50 per share — a 28% premium — in what would be the largest fintech acquisition ever completed. Combine the…

Equifax buys Círculo de Crédito for $750m to expand Mexico

Equifax buys Círculo de Crédito for $750m to…

Equifax has agreed to acquire Círculo de Crédito, Mexico's second credit bureau, at a $750 million enterprise value — and the multiple tells the strategy: roughly 12× the target's $62 million adjusted EBITDA for a…