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Acorns to Serve EU Retail Investors with Acquisition of GoHenry

The linkup between GoHenry and Acorns is destined as both companies have been working together for some time already. American financial technology and financial services firm Acorns has revealed it has acquired GoHenry, a teen-based investing application with a diversified user base. As reported by CNBC, the acquisition is the first of its kind for Acorns which is set to use the new acquisition to expand into Europe, in line with its global expansion strategy. The financial cost of the...

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Visa Is Acquiring Fintech Startup Plaid in $5.3 Billion Deal

Credit card giant Visa is acquiring Plaid, San Francisco-based company that focuses on democratizing financial services through technology. The sum of the acquisition made up $5.3 billion, which is twice as much as Plaid’s valuation in 2018.We’re incredibly excited to share that Plaid is joining @Visa!Together, we’re looking forward to expanding our products for developers and connecting consumers with the fintech services that are making money easier for everyone. More details...

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