Mergers and acquisitions

1376 articles tagged with this keyword

/payments

Oz payments firm Fat Zebra buys open banking outfit Adatree

Australian payments infrastructure provider Fat Zebra has acquired local open banking technology platform Adatree. Financial terms were not revealed.

/startups

Ramp expands procurement capabilities with Venue acquisition

Finance automation platform Ramp has expanded its procurement capabilities through the acquisition of Sequoia-backed startup Venue. Financial terms were not disclosed.

/wealth

Objectway buys Canada's Nest Wealth

Italian software and services provider to banks and asset and wealth managers Objectway is making moves into North America through the acquisition of Canadian firm Nest Wealth. Terms were not disclosed.

/markets

EquiLend to be acquired by PE firm WCAS

EquiLend, the securities lending trading platform owned by 10 major Wall Street firms, is being acquired by private equity firm Welsh, Carson, Anderson & Stowe (WCAS).

/regulation

Encompass acquires ING compliance startups

Encompass Corporation has acquired two compliance startups - CoorpID and Blacksmith - developed by Dutch bank ING.

/startups

Fintech startup Salmon becomes licenced bank in the Philippines

Consumer credit fintech Salmon has become a licenced bank in the Philippines after acquiring a controlling interest in Rural Bank of Sta. Rose.

/payments

Ant Group eyes up $200 million acquisition of Multisafepay

China's Ant Group is reportedly preparing to acquire Dutch payments firm Multisafepay as it expands further into Western markets.

/payments

Blackstone buys majority stake in Sony Payment Services

Japan's Sony Bank has offloaded a majority stake in its payments business to private equity funds managed by Blackstone.

/retail

ABN Amro acquires European neobroker BUX

ABN Amro is to acquire European neobroker Bux, strengthening its footprint in the retail investment space.

/payments

Motive acquires controlling stake in Splitit Payments

Private equity firm Motive Partners has acquired a controlling stake in Australian-listed BNPL outfit Splitit Payments.

/payments

Advent expands digital payments offering through myPOS purchase

Private equity firm Advent International has announced its acquisition of myPOS through the newly formed AI Circle Bidco, or Circle, to expand its payments services.

/startups

Tenity buys startup accelerator Hackquarters

Tenity, an early-stage investor in fintech and insurtech firms that has also built up an "innovation ecosystem", has acquired Hackquarters, a startup accelerator with a strong presence in fintech.

/crime

Celsius Network to pay back customers as bankruptcy case concludes

Celsius Network has received approval from a New York judge for a restructuring plan that will repay customers’ assets through new company owned by Celsius creditors and managed by Fahrenheit.

/payments

European Payments Initiative closes acquisition of iDeal and Payconiq

The European Payments Initiative (EPI), a bank-backed venture that was initially set up to build a rival to Mastercard and Visa in Europe, has completed the acquisition of Dutch payment scheme iDeal and Luxembourg's Payconiq.

/crypto

Thai bank buys stake in crypto exchange

Thailand's second-largest bank has acquired a 97% stake in a company that runs a crypto exchange.

/retail

Subscription platform Youtility acquired by Squeeze

UK embedded subscription management platform Youtility has been acquired by American insurance price comparison service Squeeze. Financial terms were not disclosed.

/crypto

DTCC buys blockchain outfit Securrency

The Depository Trust & Clearing Corporation (DTCC) has agreed to buy blockchain-based fintech Securrency. Financial terms were not disclosed.

/payments

Goldman Sachs to take Q3 earnings hit on GreenSky sale

Goldman Sachs has agreed to sell BNPL-based home improvement lender GreenSky to a a consortium of institutional investors led by Sixth Street. Terms of the deal were not disclosed but the sale will lead to a 19-cent-per-share hit to Goldman's third-quarter earnings.

/sustainable

Sustainable Finance Live 2023: Connecting capital with the right sustainability solutions

Bursting on stage to lead the final panel session of the day, Anna-Marie Slot, global sustainability partner, Ashurst, outlined her hopes for a “rubber hits the road” panel. Getting straight to the crux of the matter, Slot asked the panel, how much money actually has to move to ensure impact?

/sustainable

Sustainable Finance Live 2023: Bring everyone to the party for decarbonisation

Leading the SustainableFinance.Live's 2023 keynote session, Roxana Slavcheva, global lead for the built environment, World Resources Institute (WRI), dove right in to her session titled the ‘Role of AI in Decarbonising the Built Environment: An Urban Policy Perspective.’