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Empower to Acquire Petal; Completes Acquisition of Cashalo

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

San franciscoUnited statesWarren hogarthPaloo financing incFinwise bankEmpower financeSoutheast asiaPaloo financing

Empower Signs Deal to Acquire Petal, Completes Cashalo Buy

Empower Finance plans to acquire Petal and completed its acquisition of Cashalo. These acquisitions will expand Empower’s credit offerings.

United statesWarren hogarthJason rosenEmpower financeSoutheast asiaNew york headquarteredSoutheast asianPetal co founderInsecurity is changingBorrowing habits

Wall Street Firms From Goldman Sachs to JPMorgan Talk Their Big Tech Projects

Banks, asset managers, and hedge funds are harnessing an abundance of data to get an edge on Wall Street. Firms are leaning into billion-dollar projects focused on areas like quantum computing, augmented reality, and system connectivity.

New yorkUnited statesNew zealand generalNew zealandKathryn kochCarter johnsonGregg costaDonald trumpBianca chanGustavo arnalLaura crossenAaron weinmanJonathan mooreRandy mastroGoldman sachTimothy donahue

Asia Digest: S Korea s Biorchestra bags $45m; Pakistan s NayaPay raises $13m

The funding in NayaPay reportedly marks the largest seed round in the South Asian market.

Taejon gwangyoksiSouth koreaUnited kingdomUnited statesCity ofWaleed saigol mapleWarren hogarthChong kun dangLakson groupChong kun dang holdingsSouth korea basedDaily partnersSmilegate investmentQuantum ventures koreaStick investmentChong kun dang pharmaceutical

NayaPay a fintech company secures Ksh 1 5 Billion to revolutionize digital payments in Pakistan

NayaPay aims to address the needs of underbanked citizens and SMBs, enabling them to create accounts & start transacting within a few minutes

Waleed saigol mapleFaisal aftabWarren hogarthLakson groupMoney institutionZayn capitalSingapore based saison capitalWaleed saigolMaple leaf capitalState bankNayapay arcWechat payManaging partnerZayn capital fronteir

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