Mergers and acquisitions

1376 articles tagged with this keyword

/startups

Israeli fintech Pagaya plans to enter Wall Street at $8 billion

Having registered revenues reflecting $300 million annually for the first three months of 2021, Israel-based startup Pagaya is allegedly planning to enter Wall Street at $8 billion, as well as execute a traditional IPO.

/regulation

China’s fintechs face an uphill battle with listings - CNBC

Going public in China is proving to be something of an uphill battle for fintechs, and new guidelines released by the China Securities Regulatory Commission (CSRC) are only further complicating the process.

/startups

Affirm agrees $300m Returnly acquisition

BNPL giant Affirm has agreed to buy online returns and post-purchase payments player Returnly for about $300 million in cash and equity.

/startups

Covid-19 has driven digital transformation, not the C-suite

During a panel for UK Fintech Week 2021, Jess Bartos, investment manager, Albion VC, quipped that the joke going around the tech community at the beginning of the pandemic was “who has been driving digital transformation in your enterprise, the CEO, the CIO, the CTO or C19?”

/retail

Lunar to acquire Swedish marketplace lender Lendify

Nordic challenger bank Lunar is to acquire the loan book of Swedish digital lender Lendify.

/identity

Mastercard to buy digital ID firm Ekata for $850m

Mastercard has agreed an $850 million deal to buy AI-powered digital identity verification company Ekata.

/markets

Siris bids to acquire Equiniti for £600 million

US private equity firm Siris Capital has made a 170 pence per share bid for Equiniti, which vlaues the British-based financial process outsourcing business at £600 million.

/payments

Finch Capital's Nomu Pay sweeps up Wirecard Apac assets

Finch Capital, through Nomu Pay, is hoovering up Wirecard assets in Hong Kong, Malaysia, Philippines and Thailand.

/crypto

MoneyLion moves into crypto with investment in ZeroHash

MoneyLion is to add a crypto-based investing and rewards offering to its mobile financial platform after acquiring a stake in digital asset settlement provider Zero Hash.

/inclusion

Avant makes digital banking play through Zero Financial acquisition

Chicago-based online lender Avant is moving into deposits through the acquisition of Zero Financial and its neobank unit Level. Financial terms were not disclosed.

/payments

Standard Chartered backs CurrencyFair-Assembly Payments merger

Dublin-based money transfer outfit CurrencyFair is merging with Australia's Assembly Payments thanks to a strategic investment from Standard Chartered. Financial details were not disclosed.

/payments

EML Payments to acquire Sentenial for €70 million

Australia's EML Payments is entering the European and UK market for Open Banking services through the acquisition of Irish firm Sentenial and its NuaPay product.

/crypto

Ripple to acquire 40% stake in Asia's Trianglo

Ripple is to acquire a 40% stake in Asian cross-border payments specialist Trianglo.

/markets

Broadridge to acquire Itiviti for $2.5 billion cash

Broadridge is to acquire front office trading technology firm Itiviti in an all-cash transaction valued at $2.5 billion from Nordic Capital.

/payments

Wagestream buys Australia's Earnd as Greensill carve up begins

UK-based salary-on-tap firm Wagestream has acquired Australian counterpart Earnd from administrators of the collapsed Greensill business empire.

/markets

Euronext offloads Centevo to Profile Software

Profile Software has acquired Euronext's asset and fund amangement services platform Centevo, as the pan-European exchange moves to divest non-core businesses.

/wealth

Betterment acquires rival WealthSimple's US business

Digital wealth platform Betterment has acquired the US book of rival Canadian robo advisor WealthSimple.

/inclusion

PayFazz and Xfers combine to create South East Asian payments network

Indonesia's PayFazz has invested $30 million in Singaporean fintech outfit Xfers to create a new cross-border payments entity, Fazz Financial Group.

/retail

Orange seeks banking partner for mobile financial services startup

French telco Orange is looking to find new investors for its loss-making banking startup.

/regulation

Airwallex scores Hong Kong SVF licence through acquisition of UniCard

Melbourne-born Airwallex has acquired Hong Kong's UniCard Solutions, joining the likes of PayPal, AliPay and WeChat as a Stored Value Facilities (SVF) licensee under the territory's payment regulations.