Breaking News
US B2B Payment Tech Firm Plastiq Has Declared Chapter 11 Bankruptcy
US B2B payment tech firm Plastiq has declared Chapter 11 bankruptcy and intends to sell its assets to Priority Technology Holdings, an integrated payments and banking platform provider, for an undisclosed amount.
Established in San Francisco in 2012, Plastiq facilitates bill payments and provides working capital for small to medium-sized businesses. The company’s voluntary bankruptcy filing on May 24 was compelled by the collapse of its payment processing associate, Silicon Valley Bank, which led to the halt of Plastiq’s operations.
Last year, Plastiq planned to go public via a SPAC merger, targeting a valuation of $480 million.
The deal awaits approval from the Bankruptcy Court and is also subject to potentially higher offers Plastiq may get during the auction process.
Companies In This Post
- TradeStation Expands into Europe, Unlocking Full U.S. Trading Experience for Retail and Institutional Investors Read more
- ING Hires Aled Patchett to Lead UK Sector Strategy Read more
- Prosci: Mitigating Human-Side Friction: Deploying Research-Backed Change Management and Executive Coaching Rails Read more
- MNP and Caseware Partner to Build the Future of Agentic Audit Read more
- Driving Sustainable Profit in Fintech with Torus, payabl., and Raiffeisen Bank International Read more
TradeStation Expands into Europe, Unlocking Full U.S. Trading Experience for Retail and Institutional Investors
TradeStation Group, Inc. (“TradeStation”) today announced the launch of TradeStation Europe B.V. (“TradeStation Europe”), a fully licensed MiFID Investment Firm in the European Union, regulated by the Dutch Authority for the Financial Markets (AFM) in the Netherlands, to operate as an investment services firm in Europe.
ING Hires Aled Patchett to Lead UK Sector Strategy
ING has appointed Aled Patchett as Head of Sectors UK, as the bank steps up its push to deepen client coverage and drive cross-product growth in the UK market.
MNP and Caseware Partner to Build the Future of Agentic Audit
Caseware, the leading AI platform for assurance and financial reporting, today announced, two major milestones with MNP, one of the largest professional services firms in Canada. MNP has selected Caseware to further its audit transformation, deploying Caseware’s full Cloud Engagement Solutions suite across its practice. Simultaneously, MNP has joined the Caseware Agentic Pioneer Program as a founding member — a strategic co-development partnership that will see MNP build and deploy firm-specific AI agents on Caseware’s governed AI platform. Together, these agreements mark a significant step in MNP’s evolution into a cloud-first, AI audit practice.
Satispay Targets up to €120 Million to Support New Financial Services Push
Momentum S.p.A. (the “Company”) — the holding company of Satispay Group, a European fintech platform combining payments and financial services — announces that, as of today, the Shareholders’ Meeting has been convened, in both ordinary and extraordinary session, for 29 June 2026. Among the items on the agenda is a resolution regarding a capital increase, to be offered as a pre-emptive right to existing shareholders, for a maximum amount of €120 million, to support the acceleration of the Company’s growth strategy and evolution into a comprehensive financial platform.
GoHenry to Join Barclays to Help Even More UK Kids Get Smart With Money
GoHenry is entering into an agreement to be acquired by Barclays to accelerate its mission to make every kid smart with money
Bottomline Unveils CFO Suite to Bring Together Governed AI and End-to-End Cash Flow Management
Bottomline announced the launch of its CFO Suite, a modular platform designed to help finance leaders leverage AI
Starling Achieves Record Pricing for Debut Bond as International Investors Oversubscribe Sale
Starling has achieved record pricing for its debut £150m Tier 2 bond, in the first rated public sale by a European neobank
TradeStation Expands into Europe, Unlocking Full U.S. Trading Experience for Retail and Institutional Investors
TradeStation Group, Inc. (“TradeStation”) today announced the launch of TradeStation Europe B.V. (“TradeStation Europe”), a fully licensed MiFID Investment Firm in the European Union, regulated by the Dutch Authority for the Financial Markets (AFM) in the Netherlands, to operate as an investment services firm in Europe.
ING Hires Aled Patchett to Lead UK Sector Strategy
ING has appointed Aled Patchett as Head of Sectors UK, as the bank steps up its push to deepen client coverage and drive cross-product growth in the UK market.
Prosci: Mitigating Human-Side Friction: Deploying Research-Backed Change Management and Executive Coaching Rails
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MNP and Caseware Partner to Build the Future of Agentic Audit
Caseware, the leading AI platform for assurance and financial reporting, today announced, two major milestones with MNP, one of the largest professional services firms in Canada. MNP has selected Caseware to further its audit transformation, deploying Caseware’s full Cloud Engagement Solutions suite across its practice. Simultaneously, MNP has joined the Caseware Agentic Pioneer Program as a founding member — a strategic co-development partnership that will see MNP build and deploy firm-specific AI agents on Caseware’s governed AI platform. Together, these agreements mark a significant step in MNP’s evolution into a cloud-first, AI audit practice.
Driving Sustainable Profit in Fintech with Torus, payabl., and Raiffeisen Bank International
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Eastnets: Navigating the New Era of Instant Payments and Global Fraud Prevention
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The Dual-Edged Sword of Artificial Intelligence: Structuring Governance Protocols for High-Velocity Financial Solutions
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