Mergers and acquisitions

1375 articles tagged with this keyword

/retail

Worldline completes deal for 80% stake in Eurobank Merchant Acquiring

Payment processor Worldline has completed a €256 million deal to acquire an 80% stake in Eurobank’s Merchant Acquiring business in Greece, as a joint venture.

/payments

G+D to buy Valid's US payments and ID business

Germany's Giesecke+Devrient (G+D) has agreed to buy the US payments and identity assets of Brazilian outfit Valid. Terms of the deal were not disclosed.

/retail

Banco Sabadell sells Nomo stake 18 months after last investment

Finnish accounting outfit Talenom has announced its acquisition of Nomo from Innocells, the corporate venture arm and digital innovation hub of Banco Sabadell.

/payments

IbanFirst commences M&A spree with acquisition of Cornhill

B2B payments firm iBanFirst has acquired UK currency exchange outfit Cornhill as part of an aggressive M&A strategy that will see the Belgium-headquartered firm spend a further €100 million on business-building acquisitions.

/startups

Wise’s Taavet Hinrikus launches €250m fund for tech founders

Taavet Hinrikus, Ian Hogarth, Khaled Helioui and Sten Tamkivi have unveiled Plural, an investment platform for the next generation of tech founders with global potential.

/wholesale

Blockchain firm SETL acquired by Turkish fintech

Enterprise blockchain firm SETL has been acquired by Turkey-based fintech Colendi.

/retail

NerdWallet to buy On the Barrelhead

American personal finance outfit NerdWallet has agreed to pay $120 million to buy On the Barrelhead, a platform that provides consumers and SMBs with credit-driven product recommendations.

/payments

Raisin Bank moves into payments through acquisition

German BaaS player Raisin Bank is moving into the payments business after agreeing to buy a Bankhaus August Lenz unit. Financial terms were not disclosed.

/crypto

FTX to buy Canadian crypto player Bitvo

Crypto giant FTX is set to enter Canada after agreeing to buy Alberta-based outfit Bitvo. Financial terms were not disclosed.

/inclusion

Rewire buys Israeli migrant prepaid card specialist

Rewire, a digital wallet designed for economic migrants, has made its first acquisition, snapping up Imagen, a pre-paid card outfit targeting migrants in Israel. Financial terms were not disclosed.

/retail

Starling to acquire Masthaven mortgage book

Starling Bank is on the verge of acquiring a £500 million mortgage book from specialist lender Masthaven.

/markets

Nexi sells capital markets business to Euronext for €57 million

Euronext is to acquire the technology business supporting its fixed income platform, MTS, from Nexi for €57 million.

/cloud

ACI to sell corporate banking tech to PE firm

ACI Worldwide has agreed to sell its corporate online banking technology to private equity firm One Equity Partners. Financial terms were not disclosed.

/identity

Ebury advances marketplace ambitions with stake in LoopingOne

Ebury, the Banco Santander-backed provider of corporate banking services to SMEs that trade internationally, has bought a stake in LoopingOne, a KYC and payments startup for marketplaces and platforms.

/wealth

Abrdn scraps deal to acquire Exo Investing; invests in parent company Nucoro

Investment manager Abrdn has pulled out of a deal to acquire the digital wealth management arm of fintech Nucoro and has instead agreed to an undisclosed investment in the wealthtech.

/payments

Trustly acquires UK open banking vendor Ecospend

Swedish account-to-account payments platform Trustly has acquired UK open banking vendor Ecospend.

/wholesale

Paddle acquires subscription management firm ProfitWell

Paddle, the UK provider of payments infrastructure for SaaS companies, has acquired Boston-based subscription financial reporting company ProfitWell for $200 million.

/security

Mastercard acquires stake in Picus Security

Mastercard has taken a minority stake in Picus Security as part of a programme to identify threat prevention and detection gaps in business cyber defences.

/payments

Matchmove acquires e-commerce firm Shopmatic

Souteast Asian emebedded finance firm MatchMove has acquired e-commerce specialist Shopmatic in a $200 million deal.

/markets

London Stock Exchange to acquire MayStreet

The London Stock Exchange has signed an agreement to acquire market data vendor MayStreet.