Mergers and acquisitions

1376 articles tagged with this keyword

/payments

Flutterwave eyes up Railsr

African payments technology unicorn Flutterwave has entered the running to acquire embedded banking platform Railsr, which has been hit hard by inflationary pressures, rising interest rates, cashflow pressures and VC pullback.

/payments

Nuvei to buy Paya for $1.3bn

Canadian payments firm Nuvei has struck a deal to buy US outfit Paya in an all-cash deal worth US$1.3 billion.

/markets

TMX Group buys stake in VettaFi

Canadian exchange operator TMX Group has paid US$175 million for a 21% stake in data, analytics, indexing and digital distribution firm VettaFi.

/retail

Twenty7tec buys Meet Parker

British mortgage technology firm Twenty7Tec has acquired AI-based digital engagement specialist Meet Parker for an undisclosed sum.

/markets

LSEG to acquire Acadia

London Stock Exchange Group is to acquire Acadia, a provider of automated margin processing and integrated risk services for uncleared deriviatives.

/crypto

United Fintech buys FX and digital assets specialist Cobalt

United Fintech, an outfit dedicated to scooping up a stable of capital markets fintechs, has acquired Cobalt, a provider of risk and data services to the FX and digital asset markets. Terms were not disclosed.

/markets

Euroclear targets private markets with acquisition of Goji

Euroclear is to acquire Goji, a London-based provider of digital access and technology to private markets.

/payments

Westpac calls off Tyro Payments acquisition

Westpac has pulled the plug on a takeover of Sydney-based Tyro Payments, which has nevertheless rejected a second offer from a Potentia Capital-led consortium.

/wealth

Moneyfarm buys Profile Pensions

UK digital wealth manager Moneyfarm is buying pension adviser and consolidator Profile Pensions. Financial terms of the deal were not disclosed.

/crypto

Goldman Sachs to ramp up M&A activity in distressed crypto market

Goldman Sachs is in the market for bargain-basement crypto firms following the collapse of FTX, Reuters reports.

/retail

Intuit boosts Credit Karma unit with SeedFi acquisition

Intuit has agreed to buy SeedFi, the financial health startup behind Credit Karma's Credit Builder feature. Terms of the deal were not disclosed.

/retail

BUX consolidates position in Spain with acquisition of Ninety Nine's retail brokerage

Dutch neobroker BUX has stregthened its position in Spain with the acquisition of the retail brokerage arm of B2B embedded finance platform Ninety Nine.

/retail

Temenos invests in US Banking-as-a-Service provider Mbanq

Swiss core banking vendor Temenos has invested in US Banking-as-a-Service provider Mbanq.

/wholesale

Tide acquires Funding Options

Business banking platform Tide has made its first acquisition, scooping up SME credit marketplace Funding Options.

/security

MangoPay buys Nethone to help marketplaces fight fraud

MangoPay, a European payment technology provider for marketplaces and platforms, is buying AI fraud detection and prevention company Nethone.

/payments

Equals Group acquires open banking platform Roqqett

Equals Group, a fintech payments group outfit on the SME marketplace, is to acquire open banking platform Roqqett for a total consideration of up to £2.25 million.

/regulation

Regnology acquires Belgian RegTech b.fine

Regulatory reporting firm Regnology has acquired Belgian RegTech b.fine.

/crypto

Binance to buy troubled rival FTX

Facing up to a liquidity crunch, crypto exchange FTX has agreed to sell itself to rival Binance. Terms have not been disclosed.

/payments

Worldline to buy Banco Desio merchant acquiring activities

French payments giant Worldline is boosting its presence in Italy through the acquisition of Banco Desio’s merchant acquiring activities for around EUR100 million.

/payments

Vipps and MobilePay get EC approval for merger

The European Commission has approved a merger between Nordic mobile payments players MobilePay and Vipps after a third partner, Pivo, pulled out.