Latest in Credible Labs

Fox Corp. said it has closed its $265 million purchase of a majority stake in financial technology startup Credible Labs, which has been publicly traded in Australia. The deal, which was announced last summer, will see Fox own 67% of the company, with a pledge of $75 million in additional financing for its future…

Fox Corporation has entered a definitive merger agreement to acquire a majority stake in Credible Labs Inc., a leading consumer finance marketplace in the country. Fox is looking to buy 67% of the company for $265 million and commit up to $75 million of growth capital to Credible over the next two years. Credible is…