TLDR:
Key Points:
- Nuvei is evaluating bids for a potential buyout with Advent reportedly leading the race.
- UK fintech start-up Silverbird has entered special administration.
The top five news stories in the finance and tech world this week include Nuvei considering buyout bids, Silverbird going into special administration, nCino acquiring DocFox, Railsr approaching Equals Group for a potential merger, and Stax Payments founders launching Worth AI. Nuvei is assessing offers for a buyout deal that could potentially make it a private company, while Silverbird Global Limited has entered special administration. nCino has acquired DocFox to streamline account opening processes, and Railsr has approached Equals Group for a potential merger. Stax Payments founders have launched Worth AI, an AI-powered business credit decisioning platform. These stories highlight the ongoing developments and innovation in the fintech industry.