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4073 articles tagged with this keyword

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PE firms buy IdenTrust

Private equity firms Parallax Capital Partners and StepStone Group have acquired a majority stake in digital identity authentication outfit IdenTrust. Financial terms have not been disclosed.

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Stock market simulation app maker MyHero raises $10m

MyHero, the Singapore-based outfit behind a mobile stock market simulation app, has raised US$10 million in series a funding from Kleiner Perkins Caufield Byers China fund and IPV Capital.

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Branson takes a punt on stealth start-up Clinkle

Mobile payments start-up Clinkle has secured fresh investment from Virgin mogul Richard Branson, and announced that it has signed up 100,000 prospective users ahead of its roll-out to US college campuses later this year.

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EBay agrees $800m Braintree acquisition

PayPal parent eBay has confirmed that it has agreed an $800 million cash deal to buy Chicago-based payments start-up Braintree.

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Bank data API start-up Plaid raises $2.8m

Plaid, the US start-up behind an API that lets banks share financial data with developers, has raised $2.8 million in a funding round led by Spark Capital.

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BNZ taps Mint Wireless for mPOS tech

Bank of New Zealand is to provide small business customers with a mobile point-of-sale card reader using technology from Sydney-based Mint Wireless.

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Monitise revenues soar but losses widen

Share in Monitise fell 10% in morning trading after the mobile money outfit reported widening pre-tax losses despite a doubling of revenues.

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Co-op writes off £148 million in IT costs as losses widen

The UK's Co-operative Bank has written off a further £148 million in IT costs as it ditches plans to implement a new core banking platform from Infosys.

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Bats and Direct Edge agree merger

US exchange operators Bats Global Markets and Direct Edge have agreed a merger deal. Financial terms have not been disclosed.

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ICE calls in banks for Euronext IPO

IntercontinentalExchange has called in three banks to help float the European equity operations of Nyse Euronext, according to Reuters.

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Powa plans 250 UK jobs after $76m funding round

British e-commerce and mobile payments outfit Powa Technologies says that it has secured a $76 million investment which will be used to create 250 UK jobs.

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Bottomline buys Sterci and Simplex

Bottomline Technologies is increasing its presence in the financial messaging arena with the acquisitions of Swiss outfit Sterci and London-based Simplex. Financial terms have not yet been disclosed.

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CVC Capital buys Skrill Group for EUR600m

Private equity firm CVC Capital Partners has struck a deal to buy a majority stake in Britsh online payments provider Skrill Group from Investcorp for around EUR600 million.

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D+H closes $1.2bn Harland acquisition

Canadian financial technology firm Davis and Henderson (D+H) has completed the US$1.2 billion cash acquisition of US counterpart Harland Financial Solutions.

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IBM agrees Trusteer acquisition

IBM is buying security software vendor Trusteer and opening a cybersecurity lab in Israel. Financial terms of the acquisition were not disclosed.

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PE firms buy stakes in Bats

Private equity firms Spectrum Equity and TA Associates have both bought minority stakes in Bats Global Markets from Lehman Brothers Holdings. Financial terms have not been disclosed.

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Hirander Misra unveils derivatives exchange group

Chi-X Europe co-founder and one-time COO Hirander Misra is setting up a new derivatives exchange group in London.

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Cardtronics makes European push through Cardpoint acquisition

American ATM operator Cardtronics has strengthened its position in the UK and entered the German market through the acquisition of Cardpoint for around £100 million in cash.

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Warsaw Stock Exchange in talks to buy stake in Haynes' Aquis platform

The Warsaw Stock Exchange says that it is in talks about buying a 30% stake in Aquis Exchange, the UK-based start-up hoping to open a pan-European equities trading market.

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Marlin Equity Partners buys Asset Control

Data management software vendor Asset Control has been acquired by Marlin Equity Partners. Financial terms of the deal were not disclosed.