Mergers and acquisitions

3198 articles tagged with this keyword

/payments

Fiserv looks to buy Shift4 Payments - Reuters

Fiserv is battling with Amadeus IT Group to acquire payments processor Shift4 Payments, according to Reuters.

/payments

Top 5 payment stories you missed in February 2024

Fintech heated up a bit in February meaning you could have missed out on some of the biggest stories. Here are some of the top stories we saw in January 2024.

/markets

Trading Technologies closes ATEO acquisition

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that it has closed on the acquisition of ATEO SAS, a leading provider of post-trade solutions for listed derivatives, expanding TT's reach into clearing and other middle-office technologies and services. Terms of the transaction were not disclosed.

/markets

Intapp announces plan to acquire AI software company delphai

Intapp, a leading global provider of AI-powered software for professionals in advisory, legal, and capital markets firms, today announced that it has signed an agreement to acquire delphai, a Berlin-based AI software company specializing in applied AI for firmographic data automation, structuring, and intelligence. The transaction is subject to regular and customary closing conditions and is expected to close within the next 60 days.

/wholesale

Xalts to acquire Contour Network to build 'Plaid for Trade'

Accel and Citi Ventures-backed fintech Xalts has acquired Contour Network from a consortium of global banks, with the aim of to building a 'Plaid for Trade' supply chain network.

/payments

Capital One to acquire Discover for $35 billion

Capital One has made a $35 billion bid to acquire Discover Financial Services, in a move that radically reshapes the payment card industry.

/security

Jersey Telecom acquires fraud fighter Spectrum Message Services

Jersey Telecom (JT Group) strengthens Mobile Intelligence Solutions with Spectrum Acquisition Jersey Telecom (JT Group), a government-owned global connectivity and business solutions provider headquartered in the Channel Islands, has expanded its Mobile Intelligence offerings by acquiring Spectrum Message Services, an Australian-based company.

/crypto

RockWallet acquires Wyre’s user base

RockWallet has announced its acquisition of Wyre’s full customer base after the cryptocurrency payment platform shut down in June 2023.

/retail

Nigeria's Carbon buys Vella Finance for AI-powered business banking

Nigerian digital bank Carbon has acquired Vella Finance for the launch of an AI-powered platform for SMEs. Financial terms were not disclosed.

/payments

Viva Wallet acquisition turns sour for JPMorgan as lawsuits filed

Lawsuits are flying between JPMorgan and Viva Wallet, the European cross-border payments platform in which the US bank acquired a 49% stake last year.

/wealth

Virgin Money acquires abrdn's stake in joint venture wealth platform

Virgin Money is to take full control of its digital wealth management platform, buying out joint investor abrdn for £20 million.

/crypto

Ripple to acquire Standard Custody

Ripple has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets.

/retail

Nordic Capital acquires Zafin

Nordic Capital has signed an agreement to acquire a majority share in Zafin, a leading provider of SaaS core modernization and transformation solutions for financial institutions around the world.

/Mergers and acquisitions

Trading Technologies expands into clearing with acquisition of ATEO

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced a definitive agreement for TT to acquire ATEO SAS, a leading provider of post-trade solutions for listed derivatives, expanding TT's reach into clearing and other middle-office technologies and services.

/payments

Oliver Wyman to acquire Innopay

Oliver Wyman, a global management consulting firm and a business of Marsh McLennan, announced today that it has reached an agreement to buy Innopay, a leading consultancy firm specialised in digital transactions. Innopay will complement Oliver Wyman’s existing payments consulting capabilities. Terms of the transaction, which is expected to close before the end of the first quarter of 2024, were not disclosed.

/retail

Tesco Bank sells credit cards, loans and savings operations to Barclays

The £600 million deal has an "initial" agreement lasting 10 years.

/wholesale

Hiline buys Calculate to expand outsourced financial ops offering

Hiline, a leading provider of financial-operations-as-a-service that helps growth-minded organizations manage risk, improve outcomes, and make better decisions, today announced it acquired Calculate, a New York-based outsourced accounting and finance firm dedicated to supporting the financial processes at emerging companies.

/crypto

Crypto custodian BitGo moves into private securities with Brassica acquisition

Crypto custody specialist BitGo has acquired Brassica, a fintech specialising in providing back-end infrastructure services for private securities and alternative investments. Financial terms were not disclosed.

/identity

Entrust opens talks to take over Onfido

Entrust, a provider of security services for payment cards, passwords and access controls, has confirmed that it has entered exclusive negotiations to acquire ID verification outfit Onfido.

/wealth

Cred moves into wealth management with acquisition of Kuvera

Indian fintech giant Cred is to move into the wealth management market with the acquisition of mutual fund and stock investment platform Kuvera.