Mergers and acquisitions

1375 articles tagged with this keyword

/wealth

Robinhood makes wealth management push through $300m TradeMPR deal

Trading app Robinhood has agreed a $300 million cash and stock deal to buy custodial and portfolio management platform TradePMR.

/payments

Barclays Bank in talks over giving away 80% stake in merchant acquiring business

Barclays Bank is understood to be in discussions with Brookfield Asset Management about giving up 80% of its merchant acquiring arm.

/markets

SIX Group agrees to buy Aquis Exchange

Swiss exchange operator SIX Group has agreed to buy UK-based challenger exchange and data provider Aquis for an enterprise value of £194 million.

/retail

Solaris offloads Engage business in the UK to Suits Me

German Banking-as-a-Service company Solaris has sold its Engage business from Contis to UK alternative banking provider Suits Me.

/payments

BNZ acquires open banking fintech BlinkPay

Bank of New Zealand has acquired Māori open banking fintech BlinkPay.

/retail

Barclays completes Tesco Bank acquisition

Barclays has completed the £600 million acquisition of Tesco Bank’s retail banking business.

/regulation

NCino to buy FullCircl for $135m

Banking technology vendor nCino has struck a definitive agreement to acquire UK-based SaaS regtech platform FullCircl for $135 million in cash.

/payments

Tide acquires payroll provider Onfolk

Business finance platform Tide has acquired UK payroll provider for SMEs Onfolk. Terms of the deal have not been disclosed.

/payments

Banked buys Australian A2A payments outfit Waave

London-based account-to-account payments provider Banked has gained a foothold in the Australian market through the acquisition of local player Waave. Financial terms were not disclosed.

/retail

Pockit to buy Monese

Pockit, a UK fintech that provides financial services to low-income and underserved customers, has agreed terms to acquire struggling mobile banking outfit Monese.

/payments

Mastercard agrees to buy subscription management startup Minna

Mastercard has struck a deal to acquire Swedish subscription management specialist Minna Technologies. Financial terms were not disclosed.

/ai

Visa to buy UK fraud fighting tech provider Featurespace

Visa has signed a definitive agreement to acquire British AI-powered financial fraud fighting outfit Featurespace for an undisclosed sum.

/payments

India's PayMate agrees $400m DigiAsia deal for Indonesian play

Indian business-to-business payments firm PayMate is plotting a move into Indonesian through the $400 million acquisition of a DigiAsia subsidiary.

/markets

Revolut bags investment from UAE sovereign fund

Challenger bank Revolut has seen its valuation rise to $45bn after Mubadala, the Abu Dhabi-based sovereign wealth fund acquired a stake in the company.

/markets

NeoXam to acquire EZOPS

French software house NeoXam has announced plans to acquire EZOPS, a provider of AI-enabled data control, workflow automation, reconciliation, and regulatory reporting technology.

/payments

JPMorgan in talks to take on Apple's credit card portfolio from Goldman Sachs

JPMorgan Chase is in discussion with Apple about taking over the computer giant's credit card programme from Goldman Sachs.

/markets

LSEG buys Axoni post-trade tech business

The London Stock Exchange Group (LSEG) has acquired the Veris post-trade processing business and related intellectual property from Axoni. Financial terms were not disclosed.

/payments

Barclays struggles to find buyer for UK merchants payments stake

Barclays is having a hard time selling off a stake in its UK merchant payments unit with potential buyers baulking at the bank's valuation of the business, according to Reuters.

/ai

Mastercard agrees $2.65bn deal to buy threat intelligence giant Recorded Future

Mastercard has struck a deal to buy threat intelligence specialist Recorded Future from private equity form Insight Partners for $2.65 billion

/retail

Axway acquires Sopra Banking Software

Axway has acquired core banking vendor Sopra Banking Software in a €330 million deal.