Peter Thiel may revive fintech SPACs with Asian credit card biz (TWIF 5/7)

Hyphen, a comparison tool for credit cards with 10 million monthly viewers across Asia, might have found a strategic buyer in the form of Peter Thiel’s Bridgetown Holdings Ltd. SPAC.

Greenwood, a neobank platform for Black and Latino customers, acquiredKinly, another black-owned neobank with a similar mission that shut down last month. The two combined will have over 1 million members.

Rêv Worldwide, a mobile-first payment solutions provider and banking-as-a-service company, completed the $1 billion acquisition of Netspend’s consumer business from Global Payments that it announced last August.

Deutsche Bank reached an agreement to acquire UK corporate banking house Numis Corporation in an all-cash offer, valuing it at £410 million.

💔 Toronto-Dominion Bank and First Horizon Corpabandoned their planned $13.4 billion merger after the Canadian bank said it couldn’t see a clear path to getting regulatory approval.

Private equity firm Blackstone is mulling a purchase of Dutch merchant bank NIBC.

British asset manager Liontrust will acquire its Swiss counterpart GAM Holding for $121 million.