Mergers and acquisitions

1837 articles tagged with this keyword

/payments

Nexi and Nets agree framework for merger

Following the announcement made on 2 November 2020, Nexi, the PayTech leader in Italy, and Nets, a leading integrated Pan-European PayTech player, active in 20 countries and controlled by a consortium of private equity firms led by Hellman & Friedman (“H&F”), announce today that they have signed a framework agreement (“FA”) regarding the combination of the two groups through an all-share merger (the “Merger”).

/payments

UK earnings-on-demand outfit Hastee to acquire Spanish counterpart Typs

Hastee, the leading earnings on demand company, has agreed to acquire Typs, their Spanish counterpart, to accelerate growth across Southern Europe and beyond.

/Mergers and acquisitions

Smarsh acquires Digital Reasoning

Smarsh, enabling organizations to manage risk and uncover value within their electronic communications, announced the acquisition of Digital Reasoning, a global leader in natural language processing (NLP), artificial intelligence (AI), and machine learning (ML), at the 2020 FINRA Artificial Intelligence Virtual Conference.

/payments

Blackhawk Network acquires NGC

Today, global branded payments provider Blackhawk Network announced that it has completed its acquisition of National Gift Card (NGC), one of North America's largest card and prepaid technology companies. The acquisition broadens Blackhawk's prepaid and gift card offerings and integrates NGC's best in class fulfillment capabilities into Blackhawk's operations.

/Mergers and acquisitions

Deutsche Bank confirms sale of PostBank IT unit to TCS

Deutsche Bank and Tata Consultancy Services (TCS) today announced an agreement concerning the sale of Postbank Systems AG to TCS.

/payments

Shift4 Payments acquires 3dcart

Shift4 Payments (NYSE: FOUR), a leading provider of payment processing and technology solutions, has announced the acquisition of 3dcart, a powerful ecommerce platform serving over 14,000 businesses, to deliver a unified commerce solution to the company’s customers.

/payments

Lightspeed to acquire ShopKeep

Lightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced it has entered into a definitive agreement to acquire ShopKeep Inc. (ShopKeep), a leading cloud commerce platform provider based in New York City.

/regulation

Rimes acquires EBR Analytics

RIMES Technologies Corporation (RIMES) announces the acquisition of EBR Analytics (EBR), a Benchmarks Regulation (BMR) focused RegTech company based in London, UK, confirming RIMES’ commitment to invest in serving the needs of financial sector firms as they look to solve business-critical regulatory challenges through advanced, data-centric managed services.

/payments

PayPoint acquires Handepay and Merchant Rentals

PayPoint is pleased to announce that it has signed an agreement to acquire Handepay Limited (“Handepay”) and Merchant Rentals Limited (“Merchant Rentals”), leading card payments and card terminal leasing businesses, from a consortium of private investors.

/Mergers and acquisitions

Tink completes acquisition of Eurobits

Tink completes its acquisition of the Spanish account aggregation provider Eurobits Technologies (Eurobits).

/payments

Nuvei completes acquisition of Smart2Pay

Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today announced it has completed the previously announced acquisition of Smart2Pay Global Services B.V. (“Smart2Pay”).

/crime

Refinitiv to add fraud prevention capability with acquisition of GIACT

Refinitiv has signed a definitive agreement to acquire Giact Systems, LLC (“GIACT”) boosting Refinitiv’s existing risk and compliance capabilities with the addition of an industry leader in digital identity, payments verification and fraud prevention.

/wealth

Scottish fintech Nucleus acquires OpenWealth for £1.5 million

Nucleus Financial Group has entered into a binding agreement to acquire the UK business and assets of Genpact Wealth Management UK Limited (which operates under the trading name OpenWealth) as they pertain to Nucleus for a total cash consideration of £1.5 million.

/payments

NerdWallet acquires Fundera

NerdWallet, a website and app that provides financial guidance to more than 160 million consumers every year, has acquired Fundera, the go-to financial resource for the 28 million small and medium-sized businesses (SMBs) operating in the United States.

/cloud

Wipro to acquire Finastra partner Encore Theme

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has signed a definitive agreement to acquire Encore Theme Technologies Private Limited (Encore Theme), a specialist in providing SaaS and Cloud solutions in financial services.

/Mergers and acquisitions

Carlyle Group to acquire majority stake in Calastone

Calastone, the largest global funds network, is pleased to announce that global investment firm The Carlyle Group (NASDAQ: CG) has today reached an agreement to acquire a majority stake in the business from its current shareholders, including Octopus Ventures and Accel.

/Mergers and acquisitions

Paramount completes acquisition of First Regents Banc Services

Paramount Management Group today announced it has acquired First Regents Banc Services and Equipment, an independent ATM deployer based in Franklin, TN.

/markets

Synechron acquires Citihub Digital

Synechron Inc., a leading Digital Transformation consulting firm for the financial services industry, today announced the acquisition of Citihub Digital, a London and New York based technology consulting firm for the financial services industry.

/retail

Finastra buys POS mortgage application software provider Doorr

Finastra, via its Canadian mortgage business Filogix, has acquired Doorr, a provider of cloud-based point-of-sale mortgage application software used by brokers to improve the mortgage experience.

/payments

Versapay and Solupay merge

Versapay Corporation, the leader in Customer-Centric Order-to-Cash solutions, today announced that it has completed a merger with leading payment services provider Solupay, which will further strengthen its AR automation and integrated B2B payments offerings.