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WEX brokers deal to buy benefitexpress for $275m

US-based fintech platform WEX has agreed to buy a cloud-based benefits administrator benefitexpress in a deal worth $275m. The deal significantly boosts WEX’s offerings in benefits administration by adding a…

Japanese fintech Paidy raises $120m to fuel growth

Japan-based buy now, pay later (BNPL) service provider Paidy has raised $120m in a series D financing from Capital Management, Soros Capital Management, Tybourne Capital Management, and Wellington Management. Additionally,…

Clearent to merge with TSG to create $3bn payment firm

US-based credit card processing company Clearent has signed a definitive agreement to merge its operations with Transaction Services Group (TSG), which provides software and integrated payments solutions for education, health…