TPG, QIA-Led Group to Take Kangji Private in $1.4 Billion Deal
The bidding group, which also consists of Kangji Medical's founders Ming Zhong and Yinguang Shentu, is proposing to pay HK$9.25 in cash for each Kangji share, according to an exchange filing on Tuesday. The offer price represents a premium of about 9.9% to the last closing price before trading was suspended on July 18.
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Fundwell Acquires EveryStreet, Uniting Payments, Cash Flow and Capital in One Platform
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The addition of EveryStreet represents a pivotal step in Fundwell's evolution from a leading funding marketplace to a full-scale business growth platform. By combining Fundwell's extensive lender network and credit products with EveryStreet's A/R and A/P management platform, businesses will have the tools to not only access capital when needed but also to proactively manage their cash flow, bridging short-term needs and long-term financial health. "This acquisition is about more than adding new technology. When I think about the most successful outcomes we've created for our customers, it's always been about helping them get control of their entire cash flow picture," said Sruli Anatian, CEO of Fundwell. "EveryStreet gives us a powerful new capability to help businesses manage their receivables, unlock working capital, and even spread out payments on their invoices over time, marking a foundational step in building an end-to-end platform that advises, equips, and finances businesses for long-term success." As part of the acquisition, EveryStreet's technology will be seamlessly integrated into Fundwell's platform, enhancing its capabilities to help businesses get paid faster, access financing more efficiently, and gain greater control over their cash flow. This integration builds on Fundwell's mission to move beyond one-time funding transactions to deliver year-round financial tools that support sustainable business growth. "We founded EveryStreet to help vendors and retailers view their cash position in real-time, providing them with the clarity needed to plan ahead, control expenses, and maximize their profits," said Logan Shedd, Founder of EveryStreet. 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Together with their engineering team in the U.S. and Europe, they strengthen Fundwell's ability to accelerate innovation and scale. Sruli Anatian emphasized that the move is not just about technology, but it's about expanding Fundwell's role in the financial lives of its business owners. "Businesses shouldn't only come to Fundwell when they're in urgent need of capital. They should be plugged into our platform year-round, getting insights on where their cash is coming in, where it's going out, and how to bridge the gaps before they become crises," he said. With the acquisition of EveryStreet, Fundwell is advancing toward its vision of becoming the go-to growth partner for businesses by providing the tools, funding, and guidance they need to not only survive cash flow challenges but to thrive well beyond them. The deal closed on August 11, 2025, and integration is already underway. 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Yahoo
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NVIDIA (NVDA) Gets $220 Target on Strong AI Chip Demand, China Deal
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