Mergers and acquisitions

1367 articles tagged with this keyword

/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.

/payments

Nuvei to buy Paya for $1.3bn

Canadian payments firm Nuvei has struck a deal to buy US outfit Paya in an all-cash deal worth US$1.3 billion.

/markets

TMX Group buys stake in VettaFi

Canadian exchange operator TMX Group has paid US$175 million for a 21% stake in data, analytics, indexing and digital distribution firm VettaFi.

/retail

Twenty7tec buys Meet Parker

British mortgage technology firm Twenty7Tec has acquired AI-based digital engagement specialist Meet Parker for an undisclosed sum.

/markets

LSEG to acquire Acadia

London Stock Exchange Group is to acquire Acadia, a provider of automated margin processing and integrated risk services for uncleared deriviatives.

/crypto

United Fintech buys FX and digital assets specialist Cobalt

United Fintech, an outfit dedicated to scooping up a stable of capital markets fintechs, has acquired Cobalt, a provider of risk and data services to the FX and digital asset markets. Terms were not disclosed.

/markets

Euroclear targets private markets with acquisition of Goji

Euroclear is to acquire Goji, a London-based provider of digital access and technology to private markets.

/payments

Westpac calls off Tyro Payments acquisition

Westpac has pulled the plug on a takeover of Sydney-based Tyro Payments, which has nevertheless rejected a second offer from a Potentia Capital-led consortium.

/wealth

Moneyfarm buys Profile Pensions

UK digital wealth manager Moneyfarm is buying pension adviser and consolidator Profile Pensions. Financial terms of the deal were not disclosed.