Cloud Software Provider Bill.com to Acquire Expense Management Fintech Divvy in $2.5B Deal
May 7, 2021 @ 9:54 pm By Omar Faridi
Bill.com, an established provider of Cloud-enabled software that aims to simplify, digitize, and automate routine back-office financial operations for SMEs, has reportedly entered into a definitive agreement to acquire expensive management Fintech
Divvy.
The acquisition deal will involve a stock and cash transaction of around $2.5 billion. Divvy’s services focus on spend management that aims to streamline finance for business by using innovative expense management software and smart corporate cards. All of these financial services have been integrated into one easy-to-use and intuitive platform.
PPRO Announces Strategic Investment From JPMorgan Chase & Co , Bringing Total Round to $270 Million
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PPRO Announces Strategic Investment from JPMorgan Chase & Co , Bringing Total Round to $270 Million
multichannelmerchant.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multichannelmerchant.com Daily Mail and Mail on Sunday newspapers.