Sage Investment Club

Clearsky Network, a provider of electronic business solutions, has
relaunched the Clearsky Network Marketplace which connects businesses and
investors across various markets, including the forex and brokerage industry, for
transactional and investment purposes.

The Marketplace, which seeks to “enable efficient and approachable ways for doing and
expanding businesses and deal-making worldwide,” was first launched by the first in March 2021. Clearsky brokers the acquisitions of companies and licenses across various industries including forex, cryptocurrency and security dealing. It also provides
resources to help businesses and investors make informed decisions.

“This includes market research, verified deal flow, industry analysis
done by Clearsky professionals, and credibility,” Clearsky said in a statement shared with Finance Magnates.

The new update shared with Finance Magnates comes almost two years after
Clearsky Network announced the launch of its new website.
The firm also announced the Clearsky Network Marketplace as part of the website rebranding to enable businesses to find opportunities for the purchase and sale
of companies and licenses.

Meanwhile, at the start of last year, Clearsky Network hired Daniel Verblovski as its new Country
Manager in Cyprus. Verblovski is an executive with over 15 years of experience in sales,
business development and management.

Watch the recent FMLS22 session on how back-office technology shapes fintech businesses.

Business Acquisitions in 2022

Although funding of the global fintech industry dropped by almost half to $75.2 billion in 2022, per CB Insight’s new report, the industry recorded a number of mergers and acquisitions last year. One of the largest was Vista Equity Partners’ deal to buy Avalara, a tax compliance automation services, for $8.4 billion.

Another top deal emerged in August when Global Payments announced its intention to acquire EVO, a payment technology provider, through a $4 billion deal agreed at $34 for each EVO share. In addition, Fiserv in a move to boost its digital bank strategy and market position acquired Finxact, a banking solution developer, in a $650 million deal.

Clearsky Network, a provider of electronic business solutions, has
relaunched the Clearsky Network Marketplace which connects businesses and
investors across various markets, including the forex and brokerage industry, for
transactional and investment purposes.

The Marketplace, which seeks to “enable efficient and approachable ways for doing and
expanding businesses and deal-making worldwide,” was first launched by the first in March 2021. Clearsky brokers the acquisitions of companies and licenses across various industries including forex, cryptocurrency and security dealing. It also provides
resources to help businesses and investors make informed decisions.

“This includes market research, verified deal flow, industry analysis
done by Clearsky professionals, and credibility,” Clearsky said in a statement shared with Finance Magnates.

The new update shared with Finance Magnates comes almost two years after
Clearsky Network announced the launch of its new website.
The firm also announced the Clearsky Network Marketplace as part of the website rebranding to enable businesses to find opportunities for the purchase and sale
of companies and licenses.

Meanwhile, at the start of last year, Clearsky Network hired Daniel Verblovski as its new Country
Manager in Cyprus. Verblovski is an executive with over 15 years of experience in sales,
business development and management.

Watch the recent FMLS22 session on how back-office technology shapes fintech businesses.

Business Acquisitions in 2022

Although funding of the global fintech industry dropped by almost half to $75.2 billion in 2022, per CB Insight’s new report, the industry recorded a number of mergers and acquisitions last year. One of the largest was Vista Equity Partners’ deal to buy Avalara, a tax compliance automation services, for $8.4 billion.

Another top deal emerged in August when Global Payments announced its intention to acquire EVO, a payment technology provider, through a $4 billion deal agreed at $34 for each EVO share. In addition, Fiserv in a move to boost its digital bank strategy and market position acquired Finxact, a banking solution developer, in a $650 million deal.

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