Lightyear Capital to Acquire Mobile Payments Firm PayByPhone

Lightyear Capital, a New York-based private equity firm with over US$7 billion in assets under management, has signed an agreement to acquire PayByPhone, a global leader in mobile parking payments, from Corpay (NYSE: CPAY). For over 25 years Lightyear has partnered with growing companies at the nexus of financial services and technology, healthcare, and business services, working closely with management and leveraging its industry expertise, network of advisors and operating resources to accelerate growth and...

Rithm Capital Deepens Partnership With Valon

Rithm Announces Significant Long-Term Minority Equity Ownership in Valon and Plan to Bring Valon’s Technology to Over 4 Million Newrez Homeowners. Partnership Brings Together Rithm’s Asset Management Expertise, Newrez’s Proven Leadership in Mortgage Servicing, and Valon’s Best-in-Class Technology Which is Positioned to Modernize the $13 Trillion Mortgage Servicing Industry Rithm Capital Corp., a global alternative asset manager, today announced it is deepening its partnership with Valon Technologies, an innovative technology leader that has created an AI-native operating system...

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