Clearsky Network, a provider of electronic business solutions, has relaunched the Clearsky Network Marketplace which connects businesses and investors across various markets, including the forex and brokerage industry, for transactional and investment purposes.
The Marketplace, which seeks to “enable efficient and approachable ways for doing and expanding businesses and deal-making worldwide," was first launched in March 2021. Clearsky brokers the acquisitions of companies and licenses across various industries including forex, cryptocurrency and security dealing. In addition, it provides resources to help businesses and investors make informed decisions.
“This includes market research, verified deal flow, industry analysis done by Clearsky professionals, and credibility,” the group said in a statement shared with Finance Magnates.
Clearsky Relaunches Marketplace after Almost 2 Years
The new update shared with Finance Magnates comes almost two years after Clearsky Network announced the launch of its new website. Moreover, the firm announced the Clearsky Network Marketplace as part of the website rebranding to enable businesses to find opportunities for the purchase and sale of companies and licenses.
Meanwhile, at the start of last year, the group hired Daniel Verblovski as its new Country Manager in Cyprus. Verblovski is an executive with over 15 years of experience in sales, business development and management.
Watch the recent FMLS22 session on how back-office technology shapes fintech businesses.
Business Acquisitions in 2022
Although funding of the global fintech industry dropped by almost half to $75.2 billion in 2022, as stated in CB Insight's new report, the industry recorded a number of mergers and acquisitions last year. One of the largest was Vista Equity Partners' deal to buy Avalara, a tax compliance automation service, for $8.4 billion.
Another top deal emerged in August when Global Payments announced its intention to acquire EVO, a payment technology provider, through a $4 billion deal agreed at $34 for each EVO share. In addition, Fiserv in a move to boost its digital bank strategy and market position acquired Finxact, a banking solution developer, in a $650 million deal.
