1375 articles tagged with this keyword
News/payments
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.
28 February 2023
News/markets
Exchange operator Euronext has made an indicative offer to buy B2B wealthtech platform Allfunds for about €5.5 billion in cash and stock.
22 February 2023
News/retail
UK supermarket chain Tesco is mulling the sale of its banking arm, Sky News reports.
20 February 2023
Zopa has snapped up buy now, pay later outfit DivideBuy, it's first acquisition from a $75 million warchest raised earlier this year.
16 February 2023
Saudi fintech Hala has acquired UAE payments startup Paymennt.com, an online payment processor for micro and small businesses.
Fintech giant Finastra could be ready to sell its universal banking business for up to $7 billion, according to Reuters, citing sources.
14 February 2023
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.
NatWest is to spend £144 million to aquire an 85% majority stake in workplace savings and pensions fintech Cushon.
13 February 2023
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.
09 February 2023
News/regulation
Reacting to a surge in anti-money laundering fines, fraud prevention company Seon has acquired compliance and financial crime specialist firm, Complytron
06 February 2023
Zopa Bank has received £75 million in funding to support its next phase of growth in the UK.
02 February 2023
Card issuing fintech Marqeta is to acquire credit card programme management platform Power Finance for $275 million in cash.
30 January 2023
Corlytics has acquired SparQ, a regulatory monitoring platform spun out of ING, in a €5 million aggregate deal.
25 January 2023
News/wealth
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.
20 January 2023
Wealth management platform FNZ has acquired German credit institution Fondsdepot Bank.
16 January 2023
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.
12 January 2023
Australian tech billionaire Richard White has acquired ASX-listed corporate KYC company Kyckr.
News/wholesale
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.
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.
11 January 2023
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.
10 January 2023
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