CRED forays into wealth management space by acquiring Kuvera
Despite not disclosing the financial details of the deal, CRED confirmed that the acquisition includes both cash and stock components.
Source: businesstoday.in
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CRED to acquire corporate spend management platform Happay
The cash-and-stock deal is expected to value Happay at $180 million. While the teams will work separately, the Happay team will work closely with CRED leadership.
Source: businesstoday.in
Snap Stock Rises 3% as Firm Acquires Location Data Startup StreetCred
Snap Stock Rises 3% as Firm Acquires Location Data Startup StreetCred Jan 12 2021 · 13:29 UTC by Steve Muchoki · 3 min read Photo: Unsplash You have successfully joined our subscriber list. Although Snap did not disclose the financial side, it is expected that StreetCred will shut down its platform as part of the acquisition deal. Snap Inc (NYSE: SNAP) stock jumped 3.13% on Monday to close the day trading at $54.38. Meanwhile, SNAP shares were up approximately 1.25% during Tuesday’s premarket. The spike is attributed to news that Snapchat’s parent company Snap has inked a deal to acq...
Source: coinspeaker.com