Robinhood re-negotiates its deal with Ziglu; & more!

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NEWS HIGHLIGHT

Robinhood re-negotiates its deal with Ziglu leaving some crowdfunding investors at a loss. Robinhood wants to pay a lower price for the business owing to a shift in market conditions for crypto. Citing notable failures "including Celsius, BlockFi, and Voyager." As well as the general malaise in the macroeconomy and ongoing geopolitical tensions. Link here

FINTECH NEWS

#partnerships

• FinScore partnered with Provenir. The partnership helps financial services organizations in the Philippines to incorporate telco data and tap into the credit potential. Link here


• Vyzer partnered with Salt Edge. Investors can instantly connect and sync their European bank accounts and fully digital cash flow tracking in a single dashboard. Link here

#acquisitions

• Razorpay acquires Ezetap for $200 million. Ezetap is India’s leading offline POS company. Razorpay will be one of the few with a significant online and offline presence. Link here


• Ecuadorian Kushki acquired Billpocket to accelerate LatAm’s payment ecosystem. With it, Kushki aims to provide infrastructure to all players in the payment ecosystem. Link here