SoFi has agreed to acquire Technisys, a Latin America-based banking software company, for $1.1 billion in an all-stock deal. SoFi estimates that the acquisition will generate up to $800 million in additional revenue and up to $85 million in cost savings through 2025.
SoFi, which recently became a bank after acquiring Golden Pacific Bancorp, is continuing its acquisition spree, which has included Galileo Financial Technologies for $1.2 billion in 2020.: Technisys' shareholders will receive approximately 84 million shares of SoFi common stock, less than 10% of SoFi's fully diluted share count as of Sept. 30, 2021.
Hello Iam saleem from syria I have two kids I live with my family in a camp near turkish border We need help to get some basic needs Can you help us or know anyone can help My pay pal :Alsalehsalim44gmail.com
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SoFi to acquire cloud-based banking platform Technisys in all-stock deal valued at $1.1 blnSoFi Technologies Inc. undefined said Tuesday it has entered an agreement to acquire Technisys, a cloud-based banking platform, in an all-stock deal valued... bitcoin to the moon
Source: MarketWatch - 🏆 3. / 97 Read more »
WSJ News Exclusive | SoFi to Buy Banking-Infrastructure Firm Technisys for About $1.1 BillionSoFi is buying banking-software firm Technisys for about $1.1 billion, the latest in a string of deals designed to turn the lender into a one-stop financial shop
Source: WSJ - 🏆 98. / 63 Read more »
SoFi to acquire cloud-based banking platform Technisys in all-stock deal valued at $1.1 blnSoFi Technologies Inc. undefined said Tuesday it has entered an agreement to acquire Technisys, a cloud-based banking platform, in an all-stock deal valued... bitcoin to the moon
Source: MarketWatch - 🏆 3. / 97 Read more »
WSJ News Exclusive | SoFi to Buy Banking-Infrastructure Firm Technisys for About $1.1 BillionSoFi is buying banking-software firm Technisys for about $1.1 billion, the latest in a string of deals designed to turn the lender into a one-stop financial shop
Source: WSJ - 🏆 98. / 63 Read more »
Banks and pharmaceutical companies lead in London, while Synairgen, Morses shares tumbleLondon stocks were under pressure on Monday, as investors got whipsawed by updates on the Ukraine-Russia crisis. Syanirgen and Morses were big movers to the... For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her _elizabeth467 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
Source: MarketWatch - 🏆 3. / 97 Read more »
Venezuela Might Have Cryptocurrency ATMs Again Soon – Emerging Markets Bitcoin NewsBitbase, a cryptocurrency services company, is in talks with government and banking authorities about offering crypto ATM services in Venezuela. Let’s make SmartCash G R E A T A G A I N!! We need BTC ATM here in NewZealand..
Source: BTCTN - 🏆 531. / 51 Read more »