Latest Mergers and acquisitions News: Finextra Research

Company update/payments

NMI acquires Sphere Commercial Division

NMI, a leading full commerce enablement technology company, has acquired the Sphere Commercial Division.

12 October 2023

Company update/payments

Fiserv acquires Brazil's Skytef

Fiserv, Inc. (NYSE: FI), a global leader in payments and financial technology, announces the acquisition of Skytef, primary distributor of Software Express’s SiTef® (Solução Inteligente de Transferência Eletrônica de Fundos), from Fiserv, the leading Electronic Funds Transfer solution in Brazil.

12 October 2023

News/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.

11 October 2023

Company update/payments

Fiserv buys Brazil's Skytef

Fiserv, Inc.(NYSE: FI), a global leader in payments and financial technology, announces the acquisition of Skytef, primary distributor of Software Express's SiTef ® (Solução Inteligente de Transferência Eletrônica de Fundos), from Fiserv, the leading Electronic Funds Transfer solution in Brazil.

11 October 2023

News/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?

11 October 2023

News/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.’

10 October 2023

Company update/payments

Ecentric Payments acquires IP of Thumbzup

Ecentric Payment Systems, the leader in retail payment processing in South Africa and 17 other African countries, has announced its acquisition of the IP, people, and customers of innovative technology payment solutions company Thumbzup, in a move that will benefit both business’s customers and support Ecentric’s strategy to become the dominant omnichannel player for retailers with a national footprint.

09 October 2023

News/retail

Will Metro Bank be 2023’s next banking collapse?

Metro Bank has had a rough week. News that the UK challenger bank was planning to raise up to £600 million from investors, prompted financial watchdogs to summon the bank’s bosses for a sit-down.

06 October 2023

News/retail

IeDigital buys Connect FSS

British digital banking software provider ieDigital has acquired US counterpart Connect FSS for an undisclosed fee.

05 October 2023

Company update/markets

LiquidityBook acquires Messer FS

LiquidityBook, a leading provider of cloud-native buy- and sell-side trading solutions, announced today the general availability [SB1] of LBX PMS 2.0, its newly enhanced Portfolio Management and Accounting [CL2] [CL3] System.

04 October 2023

News/payments

ABN Amro sells stake in payments joint venture to Fiserv

ABN Amro has sold its 49% stake in payment processing joint venture EMS to Fiserv.

04 October 2023

News/inclusion

Financial wellbeing app Wagestream buys Keebo to help workers access credit

Financial wellbeing app Wagestream has acquired challenger credit card startup Keebo. Financial terms of the deal were not disclosed.

03 October 2023

Company update/payments

Factorial acquires YC-backed Fuell and expands into expenses management

Factorial, the all-in-one Human Resources (HR) platform for SMBs, announced today the successful acquisition of Fuell, an Expense Management startup.

03 October 2023

Company update/crypto

Fireblocks completes BlockFold acquisition

Today, Fireblocks is excited to announce the acquisition of BlockFold, a smart contract development and consulting firm specializing in advanced tokenization projects for financial institutions. The acquisition enriches Fireblocks’ tokenization capabilities to provide clients with a complete service layer that includes advisory, token customization, orchestration, and distribution through the Fireblocks Network.

29 September 2023

Company update/retail

Dubai Islamic Bank invests in Turkey's T.O.M Group

Dubai Islamic Bank PJSC (“DIB”), largest participation bank by asset size in the United Arab Emirates, will become a shareholder in T.O.M. Group of Companies (“T.O.M. Group”), which was established by Aydın Group shareholders.

28 September 2023

News/security

Cisco acquires cybersecurity company Splunk in $28 billion deal

In its largest-ever deal, Cisco Systems has agreed to pay $28 billion to acquire cybersecurity company Splunk.

21 September 2023

News/retail

APImetrics and Contxt set to merge

Financial API and security specialists, APImetrics and Contxt today announced that they have agreed to merge.

14 September 2023

Company update/payments

Recharge buys Startselect

Recharge, a leading player in the prepaid payments industry, has announced its successful acquisition of Startselect, a European digital gift and gaming cards company.

14 September 2023

News/startups

ING to sell 85% stake in fintech spin off Cobase to Alpha Group

UK-based Alpha Group is to acquire 85% of Cobase, an ING-nurtured fintech that enables corporates to manage their banking relationships, accounts and transactions in one interface.

14 September 2023

News/wholesale

Citi sells SME lending business to Foro

Citi has sold Bridge, its online lending marketplace for SMEs, to Foro Holdings, a Charlotte-based commercial lending service provider.

13 September 2023