Mergers and acquisitions

1410 articles tagged with this keyword

/Mergers and acquisitions

Santander splashes £350 million for majority stake in Ebury

Banco Santander is to pay £350 million to acquire a 50.1% majority stake in Ebury, a provider of corporate banking services to SMEs that trade internationally.

/Mergers and acquisitions

Confluence buys StatPro for £161.1 million

US investment data management outfit Confluence has sealed a deal to buy UK portfolio analytics company StatPro for £161.1 million.

/Mergers and acquisitions

Globalisation of payments highlights need for new standards of governance

2020 will see a development in the standards governing the flow of money to match the increased globalisation of payment processing, according to Deloitte.

/Mergers and acquisitions

Payroc merges with Payscape, NXGEN and BluePay Canada

Payroc is to merge with Payscape, NXGEN and BluePay Canada with the aim of building a full-service global merchant acquiring and payment business.

/inclusion

Money 20/20: Latin American fintechs can serve the US better than US fintechs

Fintech firms born and bred in Latin America have survived and thrived in markets in which political and economic uncertainty requires new players to be agile and flexible.

/Mergers and acquisitions

CYBG to relaunch as Virgin Money

CYBG is to rebrand as Virgin Money at the end of the month, consigning the century-old Clydesdale Banking brand and Yorkshire Bank identity to the history books.

/Mergers and acquisitions

BNP Paribas to acquire stake in wealth tech firm Allfunds

BNP Paribas is to acquire a 22.5% stake in wealth mangement technology company Allfunds as part of an alliance to build a new fund distribution platform.

/Mergers and acquisitions

Where do incumbents look for game-changing innovation?

How can the established players in financial services deliver meaningful game-changing innovation? What are the challenges in building this from scratch and does the key lie in partnerships with fintechs and start-ups?

/retail

Vista looks to sell stake in Finastra - Bloomberg

Vista Equity Partners could offload a 50% stake in $10 billion financial technology outfit Finastra, according to Bloomberg.

/payments

PayPal gets Chinese payments license

PayPal has become the first foreign firm to get an online payments license in China after buying a 70% stake in Guofubao Information Technology Co (GoPay).

/Mergers and acquisitions

Poste Italiane and Allianz Asset Management buy EUR40 million stake in Moneyfarm

Poste Italiane and Allianz Asset Management have each acquired a minority stake in digital wealth management company Moneyfarm.

/Mergers and acquisitions

Competition watchdog fines PayPal for breach of rules during iZettle probe

The UK's Competition watchdog has slapped a £250,000 fine on PayPal for a breach of rules following its $2.2 billion acquisition of Swedish mPOS vendor iZettle.

/Mergers and acquisitions

Alibaba acquires a third of Ant Financial

Chinese e-commerce conglomerate Alibaba has acquired a 33% stake in banking behemoth Ant Financial, strengthening ties between the two Internet giants.

/Mergers and acquisitions

HKEX makes £29.6 billion bid for the London Stock Exchange

Hong Kong Exchanges and Clearing (HKEX) has launched a surprise £29.6 billion bid for the London Stock Exchange, concocting a deal that would scupper the LSE's proposed takeover of market data and analytics group Refinitiv.

/Mergers and acquisitions

Norwegian bank Sparebanken Øst invests in crypto exchange

Norwegian savings bank Sparebanken Øst has bought a stake in a local cryptocurrency exchange founded by airline magnate Bjørn Kjos.

/cloud

Temenos boosts US position through Kony acquisition

Temenos has strengthened its hand in the US by agreeing to buy digital banking SaaS outfit Kony for $559 million and an earn-out of $21 million.

/Mergers and acquisitions

Raisin acquires retirement savings marketplace fairr

Retail deposit marketplace Raisin has acquired fellow German startup fairr, a provider of investment products for retirement savings.

/Mergers and acquisitions

Payments driving fintech M&A

Payments processing is the engine driving the financial technology venture market, with three mega-transactions accounting for $87 billion in deal value during the first half of 2019.

/wholesale

Coinbase buys Xapo custody business

Coinbase has taken its assets under custody to $7 billion by buying the institutional business of Xapo for a reported $55 million.

/wholesale

MarketAxess to buy LiquidityEdge

Fixed income trading platform MarketAxess has agreed a $150 million deal to buy electronic US Treasuries marketplace LiquidityEdge.