GIC and Silver Lake have completed their $1.7 billion acquisition of billing software firm Zuora at $10 per share. As a result, Zuora will no longer be listed on the NYSE. CEO Tien Tzuo will continue to lead the company. Silver Lake has been involved since 2022 with a $400 million investment. Zuora, founded in 2006, went public in 2018, raising $154 million at a $1.44 billion valuation. GIC and Silver Lake previously collaborated on Ancestry.com in 2016.

Silver Lake and GIC have completed the acquisition of Zuora for $10 per share in cash, totaling approximately $1.2 billion. Zuora's Class A common stock will be delisted from the NYSE. The acquisition, approved by stockholders on February 13, 2025, aims to support Zuora's growth in monetization platform services. Qatalyst Partners and Foros served as financial advisors, with multiple legal firms involved in the transaction.

Waza has introduced a multi-currency account platform called Lync that it said is designed to power global trade for businesses in emerging markets. Lync is designed to overcome financial barriers faced by the businesses that are incorporated in the United States, the United Kingdom or the European Union and serve emerging markets, Waza said in a Monday (Jan. 20) post on LinkedIn. “For many months, the Waza team and our various banking partners have been working hard to empower our current clients and other businesses with a banking experience that combines superior FX and global payment capabilities,” Waza Co-Founder and CEO Maxwell Obi said in a Monday post on LinkedIn