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Far Point Merges With Global Blue In $2.6B Deal

PYMNTS

Virginia-based FinTech firm Far Point closed a $2.6 billion merger deal with Switzerland’s tourism shopping tax refund company Global Blue , earning it a listing on the New York Stock Exchange (NYSE), the companies announced Thursday (Jan. Silver Lake and other owners will retain roughly 42 percent of the combined company.

Taxes 130
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2021 GonzoBanker Awards

Gonzobanker

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. He built a culture of collaboration, innovation and obsessive focus on the credit union’s members, all while being one heck of a player in a rock band.

Fintech 142
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Few places are more receptive to new ideas and innovative business models than Silicon Valley. The Honest Company’s branding and promotional materials claimed that the firm’s goods were free of synthetic chemicals. But the model doesn’t always work perfectly. want to know THE TOP 20 REASONS STARTUPS FAIL?

Fraud 78