Mergers and acquisitions

1376 articles tagged with this keyword

/retail

Axway acquires Sopra Banking Software

Axway has acquired core banking vendor Sopra Banking Software in a €330 million deal.

/payments

Tarabut acquires UK-based A2A payments platform Vyne

London-based start-up Vyne, a real-time account-to-account (A2A) payments platform for online businesses, has been acquired by Middle Eastern open banking player Tarabut, for an undisclosed sum.

/payments

Tabby to acquire Saudi digital wallet Tweeq

UAE-based buy now, pay later player Tabby is to acquire Saudi digital wallet Tweeq, expanding its product suite to offer customers spending accounts with money management tools.

/payments

Shift4 to acquire Givex for C$200 million

Shift4 Payments is to acquire Canadian gift card company Givex for C$200 million in an all-cash transaction.

/wholesale

Summit Partners and Visa Equity put Trintech in the shop window

Summit Partners and Vista Equity are sounding out investment bankers for a potential sale of financial software house Trintech.

/security

Visa in talks over £700m Featurespace acquisition - Sky News

Visa is in talks with Featurespace about a £700 million acquisition of the British financial fraud fighting outfit, according to Sky News.

/retail

Deutsche Bank settles majority of claims in Postbank case

Deutsche Bank has been in the process of acquiring Postbank since 2008, and has been facing trouble agreeing to a settlement with Postbank shareholders.

/payments

Klarna acquires assets of bankrupt BNPL firm Laybuy

Klarna has acquired the assets of defunct buy now, pay later firm Laybuy in New Zealand.

/crypto

Bitwise makes European play with ETC Group acquisition

US crypto index fund manager Bitwise Asset Management has expanded into Europe through the acquisition of London-based crypto exchange-traded product issuer ETC Group. Financial terms were not disclosed.

/retail

Deutsche Bank's Postbank settlement rejected by plaintiffs - Reuters

Deutsche Bank’s settlement offer to shareholders that sued them for underpaying for the Postbank acquisition has been rejected by plaintiffs.

/markets

Communify acquires Fincentric from S&P Global

Wealthtech entrepreneur John Wise and PE firm Stellex Capital Management have acquired S&P Global’s Fincentric business with a view to providing digital experiences and financial data distribution to the wealth, broking and asset management industries.

/payments

Payoneer buys payroll firm Skuad

Cross-border payments firm Payoneer has acquired Singapore-based workforce and payroll management outfit Skuad for $61 million in cash.

/cloud

NCR Voyix sells digital banking business for $2.45bn

NCR Voyix has entered an agreement to sell its cloud-based digital banking business for $2.45 billion in cash to Veritas Capital.

/ai

ThetaRay boosts AI financial crime detection with Screena acquisition

AI-powered financial crime detection specialist ThetaRay has acquired screening company Screena. Financial terms were not disclosed.

/retail

NatWest buys Metro Bank’s £2.4 billion mortgage portfolio

NatWest has bought Metro Bank’s £2.4b mortgage book, while also admitting to being forced to spend £24m on cancelled “Tell Sid” campaign by the previous government.

/retail

UniCredit to acquire Banking-as-a-Service venture Vodeno and Belgian digital bank Aion

Italy's UniCredit has entered into a binding agreement to acquire the entire share capital of European Banking-as-a-Service platform Vodeno and Belgian digital bank Aion.

/crypto

Zodia Markets acquires Elwood's OTC trading arm

Standard Chartered's digital asset trading arm Zodia Markets has acquired the Jersey-based OTC trading business of Elwood Technologies.

/retail

BUX offloads UK subsidiary to APM Capital

BUX Holding has sold its UK business BUX Financial Services Limited (BFS) to Asseta Holding, the parent company of UAE-based investment firm APM Capital.

/crypto

DWS moves toward first German-regulated euro stablecoin

German asset management company DWS has launched a new company in a step towards creating the first German-regulated cryptocurrency.

/wealth

Bain and Reverence to buy Envestnet for $4.5bn

Private equity firms Bain Capital and Reverence Capital have agreed to buy Envestnet in a deal that values the provider of wealth management technology and data at $4.5 billion.