Mergers and acquisitions

1796 articles tagged with this keyword

/payments

Synchrony to acquire Ally Financial's point-of-sale financing business

Synchrony (NYSE: SYF) and Ally Financial Inc. (NYSE: ALLY), today announced that they have entered into a definitive agreement for Synchrony to acquire Ally's point of sale financing business including $2.2 billion of loan receivables.

/markets

TRG Screen buys Xpansion

TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced it has acquired Xpansion, the leading provider of cloud-based solutions for reference data usage monitoring in the financial services industry.

/payments

Accept Cards becomes employee owned

Leading payments broker Accept Cards - which works with more than 260 accountancy and financial services firms in the UK - has become employee owned, with all the shares transferring to an Employee Ownership Trust (EOT).

/retail

Getsafe Acquires EQT-backed student loan platform deineStudienfinanzierung

Getsafe, Europe’s leading neo-insurer based in Germany with over 550,000 customers, has acquired deineStudienfinanzierung, Germany’s number 1 digital platform for student loans.

/payments

Ukheshe acquires EFT International

In a significant move for the African fintech ecosystem, Ukheshe International has acquired 100% of EFT Corporation Limited (EFTCorp) from parent Loita Transaction Services (LXS), a pan-African payment solutions and financial switching provider.

/retail

Visa closes Pismo acquisition

Visa (NYSE:V) today announced it has completed its acquisition of Pismo – a global cloud-native issuer processing and core banking platform.

/payments

DMI snaps up ZestMoney platform

The DMI Group (“DMI”) today announced the acquisition of the ZestMoney platform (“Zest”). DMI Finance, the NBFC arm of DMI, will be a preferred lender on the Zest platform.

/payments

Trustly completes SlimPay merger

Trustly, a pioneer in open banking solutions, announces the successful completion of its acquisition of SlimPay, a leader in the European recurring payments sector. Following the initial statement on August 29, 2023, and subsequent receipt of regulatory approvals from the French banking supervision authority, ACPR, this strategic move marks a major step towards redefining the recurring payment landscape in Europe.

/payments

Talus Pay acquires Jobox.ai and Clarus Merchant Services

Talus Pay, a fast-growing technology-driven provider of payment processing solutions for small and mid-sized merchants, is pleased to announce it has acquired Jobox.ai (“Jobox”), a fintech company servicing the home services industry, and Clarus Merchant Services (“Clarus”), a leading provider of integrated B2B payment solutions.

/retail

CSI acquires Hawthorn River

CSI, a leading provider of end-to-end financial software and technology, announced today it has acquired St. Louis, Missouri-based software provider Hawthorn River, which offers a modern, single-platform loan origination system (LOS) purpose-built for community banks.

/markets

Thoma Bravo to invest in BlueMatrix

Thoma Bravo, a leading software investment firm, today announced it has signed a definitive agreement to make a strategic growth investment in BlueMatrix, a leading end-to-end content creation and distribution platform for investment research providers. Upon closing of the transaction, Founder and CEO Patricia Horotan will continue to lead the company and will retain a significant ownership position.

/retail

Glory increases investment in shared banking hub OneBanx

Glory (TYO: 6457), a global leader in cash technology solutions for the financial, retail, and quick service restaurant industries, today announced the acquisition of additional shares in OneBanx, a fully managed shared banking solutions provider.

/markets

TMX to acquire VettaFi

TMX Group Limited (TMX Group) today announced it has agreed to acquire the remaining approximately 78% of the common units of VettaFi Holdings LLC (VettaFi), a leading US-based, indexing, digital distribution, analytics and thought leadership company, for US$848 million ($1.15 billion*).

/payments

Vertex bids to acquire e-invoicing vendor Pagero

Vertex, Inc. (NASDAQ: VERX), a global provider of indirect tax solutions, today announced that it has commenced a public tender offer for 100% of the shares of Pagero Group AB (publ) (“Pagero”) at a price of 36 SEK in cash per share, equivalent to a total tender value of approximately $555 million.

/payments

M2P Fintech acquires India's Goals101

M2P Fintech, Asia’s largest Digital Banking Infrastructure company that powers the digital ambitions of banks, lenders, fintech and other financial services players today announced the multi-million-dollar acquisition of Goals101, the leader in Transaction Behavioural Intelligence (TBI) in India and other geographies.

/regulation

Ncontracts acquires Quantivate

Ncontracts, the leading provider of integrated compliance, risk, and vendor management solutions to the financial services industry, announced it has acquired Quantivate, a growing provider of governance, risk, and compliance (GRC) solutions for banks and credit unions.

/wholesale

Ebury acquires Prime Financial Markets and establshes presence in Africa

Ebury, the global financial technology firm headquartered in London, announces the acquisition of financial services firm Prime Financial Markets based in Johannesburg, South Africa.

/security

Entersekt acquires Modirum 3-D Secure software business

Entersekt, the financial authentication company, today announced it has acquired the Modirum 3-D Secure software business from Modirum, a digital payment security provider.

/payments

NomuPay acquires Total Processing

NomuPay, a modern end-to-end payment platform purpose built for expansion into regions of high cross-border and ecommerce growth, has acquired merchant services and bespoke payment processing solution provider, Total Processing.

/markets

Octopus Apollo VCT announces £50 million fundraise

• Octopus Apollo VCT has announced an offer for up to £50 million (£35 million + £15 million overallotment). • The VCT has total net assets of £386 million and a portfolio of around 45 companies. • Apollo invests in small and medium sized B2B software businesses. These aren’t traditional start-ups, with investees usually posting revenues of £2 million to £8 million a year. • Over the five years to September 2023, the VCT has delivered a NAV total return of 50.6% • The VCT targets a dividend of 5% of NAV