Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth SlowsRead more

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markets

Nasdaq to Buy Verafin in $2.75 Billion Cash Deal

By
Ross Matican
· · Source: The Information

Stock exchange operator Nasdaq said on Thursday it will acquire Canadian fintech firm Verafin, which makes fraud detection and anti money laundering software, for $2.75 billion in cash. The deal will strengthen Nasdaq’s existing suite of regulatory technologies, enabling regulatory agencies and Nasdaq’s network of almost 250 banks, broker-dealers, exchanges and buy-side organizations to take...

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