A News Digest on Trading, Raising Funds and Finances Tech Trends #4

Tastytrade, a Chicago-based online brokerage and financial media company, to be acquired by UK’s IG Group in a deal worth over $1B in cash and stock. U.K. firm to buy Chicago-based platform amid trading boom.

Bloomberg.com/news/articles/2021-01-21/ig-group-agrees-to-buy-online-broker-tastytrade-for-1-billion

Georges, which develops software to automate accounting tasks for freelancers and small businesses, raises €35M and rebrands to Indy.

Techcrunch.com/2021/01/20/accounting-automation-startup-geroges-raises-42-4-million-and-rebrands-to-indy/

Patreon is an American membership platform that provides business tools for content creators to run a subscription service.

Patreon is considering an IPO as soon as this year and has recently passed $100M in annualized revenue.

thetechee.com/2021/01/patreon-considering-2021-ipo-report.html

TripActions, a booking, and management service with insights into business travel and expenses raise $155M Series E co-led by a16z.

Venturebeat.com/2021/01/21/tripactions-raises-155-million-to-help-enterprises-analyze-travel-and-expense-data/

Plaid to seek financing that could triple its valuation to ~$15B according to a source, amid a surge in investor interest following Visa’s abandoned acquisition.

Plaid is a financial services company based in San Francisco, California. The company builds a data transfer network that powers fintech and digital finance products.

theinformation.com/articles/plaid-shareholders-field-offers-at-15-billion-after-merger-collapse