Today’s M&A deals include announcements on Bizcap, 8fig, DraftKings, Railbird Technologies, mPWR, Kredeo, among others.
Bizcap Acquires 8fig
Bizcap, an Australian business lender, has acquired Israeli fintech startup 8fig, a platform specializing in funding and cash flow management for e-commerce businesses. This acquisition enhances Bizcap’s capabilities in automated underwriting, AI-driven lending, and real-time cash flow analysis. 8fig, which has facilitated over $500 million in funding since inception, gains access to Bizcap’s global capital and operational network. Strategically, the deal enables Bizcap to provide SMEs smarter solutions for managing cash flow, inventory, and growth planning, expanding its global market reach while leveraging technological innovation to improve financial accessibility and operational efficiency.
DraftKings Acquires Railbird Technologies
DraftKings, a digital gaming company, has acquired Railbird Technologies and its subsidiary, Railbird Exchange, a federally licensed platform for event-based contracts. The acquisition allows DraftKings to enter the growing prediction markets sector, offering users the ability to trade contracts on real-world outcomes across finance, culture, and entertainment. Strategically, the deal diversifies DraftKings’ offerings beyond traditional sports betting, enhancing user engagement and revenue potential. Railbird’s platform introduces technological innovation through secure, regulated digital trading, positioning DraftKings to compete with emerging prediction market platforms. The acquisition strengthens DraftKings’ market footprint and future growth trajectory.
mPWR Acquires Kredeo
mPWR, a mobile-first provider of digital lifestyle and financial services, has acquired Kredeo, a Mexican fintech specializing in consumer lending. The all-equity transaction grants mPWR 100 percent ownership, providing immediate access to Kredeo’s regulatory licenses and technology platform. Strategically, the acquisition accelerates mPWR’s entry into the high-growth Mexican market, allowing it to serve underserved consumers with tailored financial services. Kredeo’s technology enables innovative digital lending, AI-based risk assessment, and streamlined customer onboarding. The deal strengthens mPWR’s market presence, enhances service offerings, and positions the company for future growth, combining regulatory compliance, technological capabilities, and strategic market expansion in one integrated acquisition.
Thasniya VP
