Mergers and acquisitions

1376 articles tagged with this keyword

/crypto

PayPal linked with $500m bid for crypto asset security firm Curv

PayPal is in early-stage talks to buy Curv in a deal that would value the digital asset security firm at up to $500 million, according to media reports.

/retail

Cardlytics to buy cash-back platform Dosh

Digital advertising platform Cardlytics is set to buy cash-back offers outfit Dosh for $275 million in cash and stock.

/payments

Finablr owners set for merger with Bahrain payments firm

A UAE-Israeli consortium is in talks with Bahrain outfit BFC Group Holdings about a merger that would create a remittances and currency player with more than 24 million customers.

/markets

SIX acquires majority stake in social media analytics vendor Orenda

Swiss IT services house SIX has taken a majority stake in Orenda Software Solutions, a Canadian-based AI platform specialising in ESG and alternative data sets.

/retail

OppFi takes the Spac route to go public

Opportunity Financial is the latest US fintech to go public via a merger with a special acquisition company.

/retail

Build your own bank: Ikea acquires 49% stake in Ikano Bank

Furniture retailer Ikea is to acquire a 49% stake in Ikano Bank with the aim of offering a full suite of banking services instore and online.

/markets

ION to buy Dash

ION Investment Group is set to snap up another fintech, agreeing to buy options technology and execution provider Dash Financial Technologies.

/retail

Equifax acquires Open Banking partner AccountScore

Equifax has acquired long-term Open Banking partner AccountScore, in a deal that will see the combination of traditional credit bureau information held by Equifax with bank transaction data.

/regulation

United Fintech buys TTMzero stake

United Fintech, a recently launched venture focussed on buying up a slate of capital markets fintechs, has entered the market data and regtech space with its second acquisition: TTMzero.

/crypto

Uphold to launch crypto card in Europe

US digital currency outfit Uphold is set to launch crypto-enabled cards across Europe thanks to the acquisition of issuer Optimus Cards UK. Financial terms were not disclosed.

/payments

Payoneer joins Spac frenzy in $3.3 billion deal

Digital payments firm Payoneer is the latest fintech to go public through a merger with a special purpose acquisition company (Spac) in a deal that values the merged entity at $3.3 billion

/retail

BBVA sells Holvi to co-founder

Spanish banking giant BBVA has sold Holvi to an investment firm set up by one of the Finnish fintech's founders. Terms of the deal were not disclosed.

/startups

Another one bites the dust: NAB to acquire 86 400

National Australia Bank is to acquire 86 400, one of a crop of new digital banks which have struggled to break the dominance of Australia's Top Four banks.

/markets

Luxembourg Stock Exchange acquires major stake in data handling startup Tetrao

The Luxembourg Stock Exchange has acquired a 22.8% stake in local data handling startup Tetrao.

/payments

ACI Worldwide shares rise as firm considers its options

Shares in ACI Worldwide have risen following reports that the payments technology company has hired Goldman Sachs to find potential bidders.

/sustainable

BlackRock boosts sustainability analytics with stake in Clarity AI

BlackRock has taken a minority stake in Clarity AI, a Spanish fintech firm that uses machine learning and big data to help investors understand the sociatel impact of their investment portfolios.

/regulation

Konsentus acquires Open Banking Europe

Konsentus has acquired Open Banking Europe, the operator of a centralised PSD2 directory supporting bank data sharing initiatives, from EBA Clearing subsidiary Preta.

/markets

DriveWealth buys broker dealer to bring retail investing tech to Nyse floor

DriveWealth is set to bring its API-based brokerage technology for retail investors to the floor of the Nyse thanks to a deal to buy institutional broker dealer Cuttone and Company. Financial terms were not disclosed.

/regulation

PayPal takes full ownership of Chinese payments business

PayPal has taken complete ownership of GoPay, making it the first foreign firm to have 100% control of a Chinese payments platform, according to Reuters.

/crypto

Gemini preps credit card with crypto rewards

Cryptocurrency exchange Gemini has acquired fintech Blockrize ahead of the launch of a credit card that lets users earn crypto rewards.