Mergers and acquisitions

1375 articles tagged with this keyword

/payments

Banco Sabadell to sell payments arm to Italy's Nexi

Spain's Banco Sabadell has sold an 80% stake in its payments unit Paycomet to Nexi for €280 million and inked a 10-year exclusive distribution deal with the Italian firm.

/markets

Euronext makes €5.5bn indicative offer for Allfunds

Exchange operator Euronext has made an indicative offer to buy B2B wealthtech platform Allfunds for about €5.5 billion in cash and stock.

/retail

Tesco mulls sale of banking unit

UK supermarket chain Tesco is mulling the sale of its banking arm, Sky News reports.

/payments

Zopa snaps up DivideBuy

Zopa has snapped up buy now, pay later outfit DivideBuy, it's first acquisition from a $75 million warchest raised earlier this year.

/payments

Saudi fintech Hala acquires Paymennt.com

Saudi fintech Hala has acquired UAE payments startup Paymennt.com, an online payment processor for micro and small businesses.

/retail

Finastra explores sale of banking business - Reuters

Fintech giant Finastra could be ready to sell its universal banking business for up to $7 billion, according to Reuters, citing sources.

/retail

RBC buys real estate tech platform OJO Canada

Royal Bank of Canada has acquired the Canadian operations of AI-based real estate technology company OJO. Financial terms of the deal were not disclosed.

/retail

NatWest to buy majority stake in workplace pension and savings app Cushon

NatWest is to spend £144 million to aquire an 85% majority stake in workplace savings and pensions fintech Cushon.

/retail

Lunar raises €35 million despite tough economic conditions

Danish neobank, Lunar, has raised €35 million to invest in and develop the business in order to continue Nordic expansion and expedite its path to profitability.

/regulation

Seon acquires AML specialist Complytron

Reacting to a surge in anti-money laundering fines, fraud prevention company Seon has acquired compliance and financial crime specialist firm, Complytron

/retail

Zopa Bank raises £75 million to boost growth

Zopa Bank has received £75 million in funding to support its next phase of growth in the UK.

/payments

Marqeta makes first acquisition, buys Power Finance for $275 million

Card issuing fintech Marqeta is to acquire credit card programme management platform Power Finance for $275 million in cash.

/regulation

Corlytics acquires ING RegTech platform SparQ

Corlytics has acquired SparQ, a regulatory monitoring platform spun out of ING, in a €5 million aggregate deal.

/wealth

FNZ buys YieldX

Wealth management platform FNZ has made its second acquisition in a week, buying YieldX, a US-based provider of fixed income portfolio management technology, optimisation services and direct indexing tools.

/wealth

FNZ acquires Germany's Fondsdepot Bank

Wealth management platform FNZ has acquired German credit institution Fondsdepot Bank.

/retail

JPMorgan Chase sues founder of startup it acquired

JPMorgan Chase is suing the founder of a college financial planning platform it acquired for $175 million, accusing her of creating a list of millions of fake users to get the deal completed.

/regulation

Tech billionaire Richard White buys KYC outfit Kyckr

Australian tech billionaire Richard White has acquired ASX-listed corporate KYC company Kyckr.

/wholesale

Fidelity buys fintech Shoobx

Fidelity Investments has acquired Shoobx, a provider of automated equity management operations and financing software for private companies. Financial terms of the deal were not disclosed.

/regulation

Cube begins RegTech roll up with acquisition of The Hub

RegTech Cube has acquired AI-driven data capture firm The Hub, the first of a planned series of acquisitions to drive consolidation in the market for regulatory technology.

/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.