Hello!
Here’s what happened today in European Tech.
Deals
– Payments giant Visa has announced a definitive agreement to purchase Stockholm’s open banking platform Tink for €1.8 billion, including cash and retention incentives.
– Following Wise’s announcement earlier this month that it planned to go public by way of a direct listing on the LSE, today the company made the news formal with a regulatory filing. The London-based fintech scale-up said it plans to list in “early July 2021” but did not provide further details on pricing of its class A shares, in keeping with how direct listings work. It’s been reported, however, that the plan is for the valuation to be in the range of $6 billion to $7 billion with the listing.
– Videogame giant Electronic Arts has swooped for Cheshire, UK-headquartered Playdemic in a £1 billion deal. Playdemic, founded in 2010 and led by CEO Paul Gouge, is the studio behind hit mobile game Golf Clash.
– Israeli ad delivery and measurement platform for connected TVs Innovid, announced that it has entered into a definitive…
