Slide completed the year’s largest insurance IPO, raising $408 million in an upsized offering. Shares opened for trading on June 18.
Tipalti announced its acquisition of Statement, an AI-native treasury automation solution, on June 17. The acquisition deepens Tipalti’s treasury offerings with real-time cash intelligence capabilities to enhance cash flow visibility, insights, and forecasting.
Chime opened for trading on June 12, pricing nearly 32 million shares at $27 each — slightly above the proposed range of $24 to $26. The deal was driven by strong demand, with an order book reportedly 20 times oversubscribed, according to Bloomberg.
dLocal announced its acquisition of AZA Finance on June 3. AZA, a fintech company specializing in cross-border payments and foreign exchange solutions in Africa, had previously entered into a strategic partnership with dLocal in February.
Blend announced the sale of its title insurance business, Title365, to Covius on June 9. Blend had previously acquired Title365 from Mr. Cooper in 2021 for $422 million.