Deel acquires remote work startup Hofy for $100M+ (TWIF 7/21)

OneStream, a software provider that develops applications for accounting departments, filed to raise $466 million via an IPO on the Nasdaq at a $4.4 billion valuation.

Swedish buy-now-pay-later provider Klarna is reportedly weighing financial advisors for its US IPO in the first half of the next year.

Global payroll provider Deel acquiredHofy, a British company that helps manage office equipment for remote hires, for reportedly over $100 million.

Bank-to-bank loan marketplace Capstack acquiredEdge Tradeworks, a provider of whole-loan trading.

Technology and services provider Alight sold off its professional services and payroll businesses to an affiliate of HIG Capital, renaming it Strada. The sale was valued at $1.2 billion, in the form of upfront payment of $1 billion in cash and up to $200 million in seller notes.

European mobile brokerage company BUX sold off its UK business BUX Financial Services to Asseta Holding, the parent company of UAE-based investment firm APM Capital.

Meridien, an American holdco focused on global payment, CRM and banking services, will acquire a 27% stake in London fintech DKK Partners as it prepares to list on the New York Stock Exchange.

Standard Chartered's digital asset trading arm Zodia Markets acquired the Jersey-based OTC trading business of Elwood Technologies.

Brokerage Clear Street acquired the Fox River algorithmic trading business of brokerage Instinet (which it had acquired 2 years ago from FIS).

Publicly-listed Swiss financial software group Temenos is considering a sale of its fund management unit Multifonds.

Italian fintech giant ION Group, which has borrowed billions of dollars from lenders to pursue acquisitions, finalized its acquisition of Italian asset manager Prelios SpA for €1.35 billion.

Global private equity firms Carlyle and KKR announced that they will acquire a $10.1 billion prime student loan portfolio from credit card network Discover.

Private equity firm Trivest Partners will acquire corporate restructuring expert Province.