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UniCredit acquires Vodeno and Aion Bank

The Paypers

Italy-based international banking group UniCredit has announced its intention to acquire the entire share capital of Vodeno Sp. and Aion Bank NV/SA.

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Ahold Delhaize Bolsters Investment In eCommerce

PYMNTS

As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. The executive also noted, “My role as CFO is to make sure that we are rethinking capital allocation for omnichannel [capabilities].”.

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Uber Could Be Valued At $120B In Potential IPO

PYMNTS

But, with the recent proposals, the company would have a higher value than Fiat Chrysler Automobiles NV, Ford Motor Company and General Motors put together. exchanges, companies are raising capital through the markets at an uncommonly fast pace compared to the past 20 years.

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Israel Approves New Digital Bank

PYMNTS

The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV. Set to launch in a year and a half, it will provide credit and brokerage services to retail customers.

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Israeli Cybersecurity Firm Lands $30M To Expand Into Vehicle Protection

PYMNTS

Israel’s Upstream Security has notched $30 million in a Series B funding round led by Renault Venture Capital, Upstream announced in a press release on Monday (Oct. The funding included Volvo Group Venture Capital, Hyundai, Hyundai AutoEver, Nationwide Ventures as well as others.

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Payment Co. Nexi’s IPO Raises $2.3B

PYMNTS

The offers also included a capital increase of 700 million euros. Investors in the company include Bain Capital, Clessidra SGR and Advent International, who will all free float 35.6 billion euros, and the proceeds from the capital increase are going toward reducing that. The company’s debt stands at 1.7 billion euros.

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Adyen Shares Start Trading At 67 Percent Above IPO Pricing

PYMNTS

The company won’t receive any proceeds from the IPO, which implies a market capitalization of €7.1 ABN Amro Bank NV , BofA Merrill Lynch and Citigroup were appointed as joint bookrunners. “The Dutch firm is not issuing new shares. Instead, its shareholders are selling their stock,” CNBC reported.

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