Mergers and acquisitions

3196 articles tagged with this keyword

/payments

PSP to acquires NCR Atleos debit card production and transaction processing business in Canada

PSP Services Inc. (PSP) is pleased to announce an agreement to acquire the NCR Atleos debit card production and transaction processing business that services a number of credit unions, financial institutions and payment networks in Canada.

/retail

First Carolina Bank to buy BM Technologies

BM Technologies, Inc. (NYSE American:BMTX) ("the Company" or "BMTX"), one of the largest digital banking platforms, today announced it has entered into a definitive agreement to be acquired by First Carolina Bank ("FCB" or "First Carolina") pursuant to which First Carolina will purchase all outstanding BMTX shares of common stock for $5.00 per share in an all-cash transaction with an equity value of approximately $67 million.

/identity

Socure agrees Effectiv acquisition

Socure, the leading provider of artificial intelligence for digital identity verification, fraud prevention and sanction screening, has signed an agreement to acquire Effectiv, a real-time risk decisioning company, for $136M. The acquisition is expected to close in November.

/payments

Mitsubishi Corporation (MC) to invest in Ayala joint venture with stake in Mynt

Mitsubishi Corporation (MC) is pleased to announce that MC, Ayala Corporation (AC), and AC Ventures Holding Corp (ACV) have reached an agreement on MC’s investment in ACV subject to the execution of definitive transaction documents and the satisfaction of customary closing conditions.

/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.

/retail

American Express completes the acquisition of Tock

American Express (NYSE: AXP) today announced that it has completed the previously announced acquisition of Tock, a reservation, table, and event management technology provider, from Squarespace (NYSE: SQSP), the design-driven platform helping entrepreneurs build brands and businesses online.

/wealth

Apex Fintech Solutions acquires FinTron

Apex Fintech Solutions Inc. (“Apex”), a leader in enabling innovation and the future of digital wealth management, announced today that it has entered into an acquisition agreement with FinTron, a cutting-edge financial technology and design agency that specializes in creating high-end digital experiences for investors and advisors globally, subject to FINRA approval.

/regulation

Regnology acquires CG3-1 RegTech

Regnology, a leading software provider focused on regulatory reporting solutions, is pleased to announce the acquisition of CG3-1, a firm specializing in regulatory calculations for the USA broker-dealer market.

/retail

de La Rue to sell authentication business for £300 million

De La Rue plc ("De La Rue" or the "Company") today announces that its wholly owned subsidiary, De La Rue Holdings, has entered into a definitive agreement for the sale of the Group's Authentication Division to Crane NXT, Co. ("Crane NXT") and its related entities for a cash consideration representing an enterprise value of £300m (the "Transaction").

/payments

Invex Ventures acquires UK fintech Manigo

Manigo, a London-based fintech infrastructure platform, today announces that it has been acquired by established Fintech investment firm Invex Ventures.

/crypto

Ziglu to acquire retail arm of Gibraltar-based Damex

Ziglu announced today their intention to acquire Gibraltar-based Damex’s retail arm, accelerating the firm’s plans to open up its banking, crypto and investment platform to customers internationally.

/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.

/ai

LendingClub and Pagaya buy Tally Technologies IP

LendingClub Corporation (NYSE: LC), operator of America's leading digital marketplace bank, and Pagaya Technologies LTD (NASDAQ: PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced that they partnered together to acquire the intellectual property behind Tally Technologies, Inc. ("Tally").

/wholesale

Chatham Financial buys CRE data platform Verumex

Chatham Financial, a global leader in financial risk management technology and advisory, announced its acquisition of Verumex (VmX), a comprehensive global data platform serving the complex needs of the commercial real estate (CRE) industry.

/markets

Euronext buys Acupay assets

Euronext, the leading pan-European market infrastructure, today announces that it has acquired substantially all the business of Acupay Group[1], global leader in financial reporting, corporate actions, cross-border tax relief, and securities processing.

/markets

Clear Street buys Fox River algorithmic trading business from Instinet

Clear Street (“Clear Street”, “the Company”), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced today that the firm has completed the purchase of the Fox River algorithmic trading business from Instinet.

/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.

/retail

Nationwide closes Virgin Money acquisition

Today, Nationwide completed its acquisition of Virgin Money.

/markets

LMAX Group buys FX HedgePool

LMAX Group (or “the Group”), the leading independent operator of institutional execution venues for FX and digital assets trading, today announces its acquisition of FX HedgePool, a major institutional swaps matching service.