SUNRATE Acquires Payments Team to Launch Global Acquiring Services

SUNRATE, the global payment and treasury management platform, today announced the acquisition of an experienced payments team with more than a decade of industry experience, along with its mature acquiring systems and established business. The acquisition marks SUNRATE’s official launch of global acquiring services as a new business line, further strengthening the Group’s end-to-end global payments capabilities. The acquired team serves a diverse portfolio of merchants across industries including cross-border eCommerce, online education, gaming, software and SaaS,...

Openmarkets enters agreement to combine with Lake Superior Acquisition Corp.

Trading and Wealth Management technology provider Openmarkets Group Pty Ltd, has entered into a plan of merger and business combination agreement (“BCA”) with Lake Superior Acquisition Corp., a publicly traded special purpose acquisition company (NASDAQ: LKSPU). Upon completion, the transaction contemplated under the BCA will result in the newly combined Openmarkets Group becoming a Nasdaq-listed company. The transaction is expected to be completed in 2026 and is subject to regulatory and shareholder approvals and customary...

Cohere Capital Invests in FlexTecs to Fuel Expansion and Innovation

FlexTecs, a leader in recovery audit, contract compliance, and payment accuracy software and solutions, today announced a strategic investment from Cohere Capital, a Boston-based private equity firm focused on investing in differentiated technology and tech-enabled services companies. Through its services and technology, FlexTecs reviews over $1 trillion in client transactions and recovers or prevents over $1 billion incorrect payments annually, resulting in direct savings for its clients. FlexTecs was founded to disrupt the audit recovery industry...

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