Mergers and acquisitions

1410 articles tagged with this keyword

/payments

Mastercard acquires Nets account-to-account payments business

Mastercard has acquired the account-to-account payment business of Nordic platform Nets for €2.85 billion.

/Mergers and acquisitions

Rupert Murdoch's FOX Corp enters fintech market

Rupert Murdoch's Fox Corporation has entered the fintech marketplace, spending $265 million for a 67% stake in financial comparison site Credible Labs.

/Mergers and acquisitions

FNZ seals deal to acquire GBST

FNZ has won a bidding war to acquire Brisbane-based financial technology vendor GBST for $269 million, the latest in a series of deals by the London-headquartered wealthtech provider.

/Mergers and acquisitions

London Stock Exchange negotiating $27 billion takeover of Refinitiv

The London Stock Exchange has confirmed that it is in advanced talks to buy financial data vendor Refinitiv.

/Mergers and acquisitions

Moody's acquires RiskFirst

Moody's Corporation is positioning to enter the institutional buy-side market with the acquisition of the UK's RiskFirst, a provider of risk analytics technology for asset managers and pension funds.

/ai

Temenos buys Explainable AI firm Logical Glue

Swiss banking software provider Temenos has acquired Logical Glue, a London-based Explainable AI (XAI) specialist with financial services customers in the UK and Europe. Financial terms were not disclosed.

/Mergers and acquisitions

Visa invests in Indonesian ride-hailing app Gojek; buys Payworks

Visa has invested in Indonesian ride-hailing firm Gojek as part of a deal that will see the pair work together to spread digital payments throughout South East Asia.

/cloud

RBC buys accounts payable specialist WayPay

Royal Bank of Canada (RBC) has acquired WayPay, a local startup that provides businesses with cloud-based accounts payable automation technology. Financial terms were not disclosed.

/Mergers and acquisitions

Pico to acquire financial analytics firm Corvil

US-based financial infrastructure company Pico has reached an agreement to acquire Irish data analytics vendor Corvil.

/payments

Visa to buy Verifi

Visa is buying Verifi, a payment dispute resolution technology specialist that promises to help firms reduce chargebacks. Financial terms of the deal were not disclosed.

/security

Visa buys Rambus tokenisation assets

Visa is beefing up its security credentials by buying the token services and ticketing business of chip maker Rambus. Financial terms of the deal were not disclosed.

/Mergers and acquisitions

NatWest's Bó selects Loot founder and his team

Bó, the digital bank developed by RBS-owned NatWest, has recruited the founder of Loot, an online banking service aimed at millennials that went into administration last month.

/payments

PPRO buys allpago

UK cross-border e-payments firm PPRO has acquired Latin American counterpart allpago. Financial terms of the deal were not disclosed.

/Mergers and acquisitions

PayU acquires Turkish startup iyzico

Naspers-owned online payments processor PayU is continuing its spending spree, laying out $165 million to acquire hotly-tipped Turkish startup iyzico.

/retail

UniCredit invests in dynamic discounting startup FinDynamic

UniCredit has taken a minority equity stake in FinDynamic as part of a wider partnership with the Italian startup to boost working capital options for the bank's corporate clients.

/Mergers and acquisitions

S Korea bemoans slow pace of its fintech market

An immature ecosystem and a lack of competition is slowing down South Korea's fledgling fintech industry according to the country's financial regulator

/wholesale

SimCorp to buy AIM Software for EUR60m

Danish investment management technology firm SimCorp has struck a deal to buy data management specialist AIM Software for EUR60 million.

/Mergers and acquisitions

Mega M&As fuel record growth in fintech deals

A flurry of large M&A deals and the popularity of contactless payments have helped to create a record volume of fintech deals, according to a recent report, but also raised fears that the market may be overcrowded and reaching peak status.

/Mergers and acquisitions

Money 20/20 Europe 2019: The future of B2B banking

What can we expect from the banking industry in 2019? The second day of sessions at Money 20/20 Europe 2019 answers this question, with Drew Graham, director, digital strategy at Barclays, kicking off proceedings with Claire Calmejane, group chief innovation officer at Société Générale, Dr. Leda Glyptis, 11:FS Foundry CEO and chief of staff at 11:FS and Anne Boden, CEO and founder of Starling Bank.

/Mergers and acquisitions

Iress acquires QuantHouse

Trading technology suppler Iress has acquired market data provider QuantHouse for a total consideration of EUR38.9 million, subject to a two-year earnout proviso.