Goldman says $2.2B purchase of BNPL provider GreenSky will help expand Marcus Tech and Gaming Blog Technology by Ryan Lawler - September 16, 20210 This morning, Goldman Sachs announced plans to acquire B2B2C lender GreenSky in a deal worth $2.24 billion. The acquisition, which is still subject to regulatory approval and is expected to close in the fourth quarter of 2020 or the first quarter of 2021, is positioned to bolster the firm’s consumer
Ramp and Brex draw diverging market plans with M&A strategies Tech and Gaming Blog Technology by Ryan Lawler - August 25, 20210 Earlier today, spend management startup Ramp said it has raised a $300 million Series C that valued it at $3.9 billion. It also said it was acquiring Buyer, a “negotiation-as-a-service” platform that it believes will help customers save money on purchases and SaaS products. The round and deal were announced just
Why fintechs are buying up legacy financial services companies Tech and Gaming Blog Technology by Ryan Lawler - August 17, 20210 Oh, how the tables have turned. It used to be that if you were a fintech startup or, for lack of a better term, a digitally native financial services business, you might be eyeing an acquisition from an incumbent in the industry. It used to be that if you were a fintech
What Square’s acquisition of Afterpay means for startups Tech and Gaming Blog Technology by Ryan Lawler - August 4, 20210 On Sunday Square announced it was gobbling up Afterpay in a deal worth $29 billion at the time of announcement. Alex followed up yesterday with more details on why the deal made sense for Square and Afterpay over here, but we wanted to ask some notable VCs what it means