Mergers and acquisitions

1853 articles tagged with this keyword

/Mergers and acquisitions

Zenus Bank acquires Financial Urban Exchange

Zenus Bank, the digital bank that makes U.S. bank accounts available internationally, is proud to announce the acquisition of Financial Urban Exchange LLC (FUEX Payments), a fintech specializing in real-time payments for the Caribbean and Latin American (LAC) markets.

/wholesale

First Citizens acquires Silicon Valley Bank

The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank, National Association, by First–Citizens Bank & Trust Company, Raleigh, North Carolina.

/payments

VeUP acquires M3 Payments technology suite

VeUP, a new global tech consultancy has acquired the product suite of UK fintech company M3 Payments as part of a multi-million-dollar growth strategy.

/retail

Raisin raises €60 million Series E funding

Fintech Raisin has raised €60 million in a series E funding round, from existing and new investors. The global savings and investment specialist recently exceeded 1 million customers, for which a total of €850 million in interest has been generated since founding the company in 2012. Raisin has been profitable for half a year and currently manages a total of €38 billion Assets under Management (AuM) for customers globally. In the past 6 months alone, AuM grew by more than 30%.

/markets

State Street acquires CF Global Trading

State Street Corporation (NYSE: STT) announced today it has entered into a definitive agreement to acquire CF Global Trading, a global firm specializing in outsourced trading on an agency basis for a variety of asset classes including equities, listed derivatives and fixed income.

/retail

Bluestone to sell mortgage operations to Shawbrook

Bluestone Group, the European financial services business headquartered in the UK, announced today that it has agreed terms for the sale of its UK mortgage lending and portfolio servicing operations, Bluestone Mortgages Limited (‘BML’) to Shawbrook Group plc.

/payments

Cuscal confirms strategic acquisition of Basiq

Cuscal Limited (Cuscal), one of Australia’s largest independent providers of payments, banking and regulated data and Basiq Pty Ltd (Basiq), Australia’s leading Consumer Data Right (CDR) platform that provides data services to over 150 businesses ranging from large institutional banks to fintech start-ups; have entered into a binding agreement under which Cuscal will acquire a controlling interest in Basiq, subject to customary conditions. This acquisition brings positive news to the recent investment downturn and provides hope for local homegrown start-ups.

/retail

Orion Innovation acquires Banktech Software Services

Orion Innovation ("Orion"), a leading digital transformation and product development services firm, today announced the acquisition of Banktech Software Services Ltd ("Banktech"), a core banking implementation partner for global financial institutions.

/payments

Fifth Third acquires Big Data Healthcare

Fifth Third Bancorp (NASDAQ: FITB) today announced a definitive agreement to acquire Big Data Healthcare, a technology solutions provider for healthcare payments and remittance.

/markets

Trading Technologies acquires Axe Trading

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, announced that the firm has acquired London-based AxeTrading, a leading global provider of fixed income trading solutions.

/regulation

Kaizen acquires majority stake in London Reporting House

Leading regulatory technology firm, Kaizen Reporting today announced that it has acquired a majority stake in London Reporting House, a new service that brings unrivalled insight into the repo market.

/regulation

Airwallex secures China Online Payment License via acquisition

Global payments and financial platform Airwallex has secured a payment business license in China, following the successful acquisition of a 100% stake in Guangzhou Shang Wu Tong Network Technology Co., Ltd., an information and online payment services company.

/crypto

Coinbase buys One River Digital Asset Management

With over $130 billion of quarterly institutional trading volume and over $50 billion of institutional assets on platform, Coinbase operates at the center of the institutional digital asset market.

/payments

Cashfree Payments acquires one-click checkout company, Zecpe

Cashfree Payments, India's leading payments and API banking company, announced its strategic acquisition of Zecpe, a one-click checkout company.

/markets

Quantexa acquires Aylien to enter text analytics market

Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced today that it has acquired Aylien, a Dublin-based leader in natural language processing (NLP) and advanced AI to empower its customers to collect, analyze, and understand unstructured text data.

/retail

Noventiq closes acquisition of Saga Group

Noventiq (LSE: SFTL), the global digital transformation and cybersecurity solutions and services provider, announces today that the acquisition of the majority stake of Saga Group has been closed.

/sustainable

Doconomy buys engagement banking platform Dream Technology

Doconomy - the leading climate technology startup helping banks, brands, and consumers to better understand and reduce their environmental impact - has acquired Stockholm-based financial wellbeing fintech Dreams Technology.

/wholesale

Noventiq completes Seven Seas Technology acquisition

The transaction strengthens Noventiq’s presence in the Middle East and Africa, as part of its global expansion through M&A.

/markets

Quodd acquires Xignite

QUODD, a comprehensive market data-on-demand provider for the global financial services industry and a NewSpring Holdings platform company, has acquired Xignite, a leading global provider of financial market data APIs.

/payments

Cross Switch acquire 50% stake in Vantage Payment Systems

Vantage Payment Systems, Cross Switch and Equity Invest are pleased to announce that Cross Switch has acquired a 50% stake in Vantage Payment Systems.