Mergers and acquisitions

1853 articles tagged with this keyword

/crypto

Coinmetro acquires blockchain-enabled fundraising platform Ignium for €4 million

One of Europe’s fastest growing digital currency exchanges Coinmetro is today announcing the acquisition of Ignium.io, a platform that facilitates fundraising for small to medium-sized enterprises (SMEs) by leveraging social media and blockchain technology.

/wholesale

Tide completes Funding Options acquisition with FCA approval

Tide, the leading digital business banking platform, has completed its purchase of Funding Options, a UK marketplace for business finance, following FCA approval. The proposed acquisition was announced in November 2022.

/wealth

FNZ to acquire ifsam

FNZ, the global wealth management platform, has agreed to acquire International Fund Services & Asset Management SA (ifsam), a Luxembourg-based B2B fund platform.

/payments

Billing Better acquires Homebox

Billing Better, the leading UK bills management company, has announced that it has acquired Homebox, a utilities comparison and switching service.

/markets

Optiver-led consortium buys Traxys

Traxys, a leading global physical trader and merchant in metals and natural resources, today announced a change of ownership. Traxys’ management, together with Optiver, a global market maker, CoLift, an investment firm, and an investor group active in mining and natural resources led by Regent Mercantile Holdings Limited and LOM Financial Group, will acquire all of the interests in Traxys held by funds managed by global investment firm Carlyle (NASDAQ: CG) and affiliates of Louis M. Bacon, the founder of Moore Capital Management, LP.

/markets

CrowdX acquires J P Jenkins

CrowdX, the FinTech platform providing marketplaces and liquidity solutions for private companies, has this morning announced the acquisition of J P Jenkins (JPJ) as a wholly owned subsidiary.

/security

Abacus Group buys cybersecurity consulting companies

Abacus Group, the leading provider of hosted IT services and solutions to alternative investment firms, today announces that it has acquired two boutique cybersecurity consulting companies, Gotham Security and its parent company, GoVanguard, both of which have unparalleled track records of excellence in the cyber arena.

/security

Forter buys bot detection player Immue

Forter, the Trust Platform for digital commerce, today announced the acquisition of Immue, a bot detection company based in Tel Aviv, Israel. Forter’s first acquisition will not only strengthen the company’s existing fraud management capabilities but add Immue’s domain-specific bot expertise.

/Mergers and acquisitions

Deel acquires Capbase

We all know equity can be one of the best ways to attract and retain talent for the long-term.

/markets

Apex Group acquires PFS-Paxus

Apex Group Ltd. (“Apex” or “The Group”), a global financial services provider, announces today the acquisition of Pacific Fund Systems (“PFS”), a leading global fund administration software business, from co-founders and Pollen Street Capital.

/retail

Accenture to acquire SKS Group

Accenture (NYSE: ACN) has agreed to acquire SKS Group, a consulting firm that helps banks across Germany, Austria and Switzerland modernize their technology infrastructure and address regulatory requirements using SAP S/4HANA solutions. Terms of the transaction were not disclosed.

/wholesale

Qonto to complete Penta integration by end-2023

Qonto reveals today its roadmap for the integration of Penta.

/retail

AnaCap-backed Fintus completes bolt-on acquisition of software and services provider Finstreet

AnaCap Financial Partners (“AnaCap”), a leading specialist investor in mid-market Financials, Technology and related Business Services, today announces that its existing German portfolio company Fintus GmbH (“Fintus”), one of the leading DACH-based SaaS providers of low-code automation software to the Financial Services sector, has successfully completed the bolt-on acquisition of Finstreet GmbH (“Finstreet”), a software and services provider for the digital transformation of financial institutions.

/payments

Fleetcor closes Global Reach Group acquisition

Fleetcor Technologies, Inc. (NYSE: FLT), a leading global business payments company, completed the acquisition of Global Reach Group, a UK-based cross-border payments provider.

/payments

Cornerstone FS offloads e-money subsidiary

Cornerstone FS Plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that it has entered into a share purchase agreement ("SPA") for the sale of its non-core subsidiary, Avila House Ltd. ("Avila"), a registered small electronic money institution, to Aspire Commerce Ltd. ("Aspire"), trading as MulootMoney.com, the provider of payment accounts and lending services, for a consideration of £300,000 to be paid in cash on completion.

/retail

Twenty7tec acquires mortgage affordability platform Broker Sense

Leading fintech firm Twenty7tec today announces the acquisition of mortgage affordability platform Broker Sense for an undisclosed sum.

/retail

Twig acquires Vybe technology

Twig, the company based on circular economy principles, is continuing its expansion with the acquisition of Vybe technology, a leading provider of teen banking services.

/retail

UAE-based open finance platform Fintech Galaxy expands into Egypt with takeover of Underlie

UAE-based Fintech Galaxy, the first Central Bank-regulated Open Finance platform in the Middle East, announced the acquisition of Underlie, an Egypt-based Open Banking platform offering APIs to banks and businesses.

/payments

Viva Wallet confirms closures of JPMorgan deal

Today, Viva Wallet and J.P. Morgan announce closing on a 48,5% ownership stake in Viva Wallet Holdings Software Development S.A. (Viva Wallet).

/wealth

STP Investment Services buys WealthSite

STP Investment Services (STP), a global, technology-enabled, end-to-end investment operations service provider, today announced it has acquired WealthSite, a firm that provides a fully integrated and highly customized accounting, portfolio management, reporting and analytics platform to single and multi-family offices, traditional wealth advisory firms and money managers serving ultra-high-net-worth (UNHW) clients.