Mergers and acquisitions

1410 articles tagged with this keyword

/payments

Fiserv buys MerchantPro Express

Fiserv has acquired MerchantPro Express as part of the fintech giant's strategy to build up its merchant services business. Financial terms of the deal were not disclosed.

/wealth

Refinitiv boosts wealth management biz through Scivantage acquisition

Refinitiv has moved to strengthen its digital wealth management business through the acquisition of tech house Scivantage. Financial terms were not disclosed.

/retail

AIB sells 500 non-branch ATMs to Brink's

Irish bank AIB has agreed to sell its network of more than 500 non-branch ATMs to cash management giant Brink's. Financial terms were not disclosed.

/Mergers and acquisitions

JPMorgan to pursue M&A strategy in face of Big Tech competition

JPMorgan chief Jamie Dimon says the bank will pursue an aggressive M&A strategy to see off the threats posed to its business by Big Tech giants and smaller fintechs.

/crypto

SIX takes stake in crypto trading platform Omniex

Swiss exchange operator SIX is buying a stake in Omniex as part of a wider partnership with the digital asset trading platform. Financial terms of the deal were not disclosed.

/startups

2020’s ‘fintech asset class’ is brimming with IPOs

With private markets continuing to show strong interest in fintech and many firms reaching maturity, Pawel Szaja, partner at Shearman and Sterling, predicts 2020 will deliver a surge of fintech IPOs.

/Mergers and acquisitions

Small World Financial acquires French remittance outfit MoneyGlobe

UK money transfer firm Small World Financial Services has acquired MoneyGlobe, a French international payments company.

/payments

Santander buys Elavon México for global merchant acquiring push

Spanish banking giant Santander has struck a deal to buy merchant payments platform Elavon México for EUR79 million.

/Mergers and acquisitions

Intuit nears $7 billion take over of Credit Karma

Intuit is reported to be on the verge of buying credit scoring firm Credit Karma, furthering its interests in the personal financial management space.

/wealth

Credit Suisse unit buys NorthPoint technology

Credit Suisse Asset Management's fintech growth equity unit has acquired the investment management software and services business NorthPoint Technology. Financial terms were not disclosed.

/retail

Morgan Stanley to buy E*Trade for $13bn

Morgan Stanley has agreed a deal to buy online discount brokerage E*Trade Financial in an all-stock deal worth around $13 billion.

/Mergers and acquisitions

Ally agrees $2.65bn CardWorks acquisition

Ally Financial has struck a $2.65 billion deal to buy CardWorks, enabling it to enter the credit card and merchant acquiring sectors.

/Mergers and acquisitions

MUFG to invest $700 million in Grab

MUFG Bank is to invest $700 million in Singapore ride-hailing giant Grab, according to the Nikkei.

/Mergers and acquisitions

Online credit marketplace LendingClub acquires Radius Bank

P2P pioneer LendingClub is to become the first US fintech to acquire a bank, agreeing a $185 million deal for online-only Radius Bank.

/crypto

BitGo buys digital securities platform Harbor

Crypto custody specialist BitGo is diversifying through the acquisition of digital securities platform Harbor. Financial terms were not disclosed.

/Mergers and acquisitions

Klarna acquires Italian buy now, pay later firm Moneymour

Klarna has acquired the Italian buy now, pay later startup Moneymour and established a new product development hub in MIlan.

/crypto

Circle sells crypto investing app to Voyager

Circle Internet Finance has struck a deal to sell its crypto investing app business to Voyager Digital Canada for a four per cent stake in the firm.

/wealth

FNZ strengthens European position through IPSI acquisition

Wealthtech provider FNZ has acquired Dublin-based third-party administration solutions provider Irish Progressive Services International (IPSI) from Irish Life. Financial terms were not disclosed.

/markets

ICE plays down eBay takeover talks; acquires loyalty outfit Bridge2

IntercontinentalExchange has played down reports that it had made an offer to take over online flea market eBay, but confirmed that talks have taken place.

/payments

Foreign Currency Direct buys Earthport's corporate FX biz

Foreign Currency Direct has bought the corporate FX unit of Earthport, the cross-border payments firm acquired by Visa last year. Financial terms were not disclosed.