Micro-investing app Acorns has raised $30 million in financing, including investments from PayPal and Rakuten Fintech Fund. More than 850,000 people have opened investment accounts with Acorns since the app launched 20 months ago, said the company in a statement announcing the funding. To date, Acorns has raised a total of $62 million.
Acorns Raises $30M
TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.
American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.
Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.
Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.