1410 articles tagged with this keyword
News/Mergers and acquisitions
Deutsche Bourse has confirmed that it is in talks with Refintiv over the acquisition of 'certain FX business units', following market speculation about a pending $3.5 billion swoop for multi-bank foreign exchange portal FXall.
11 April 2019
Nordic Capital has acquired Norwegian digital identity outfit Signicat with the objective of expanding its ID assurance and digital onboarding toolbox into new international markets.
News/wholesale
German exchange operator Deutsche Börse is buying Axioma for $850 million and combining the analytics specialist with its index businesses in a new company.
09 April 2019
Euronext's battle with Nasdaq for the takeover of Oslo Bourse has been boosted by a positive recommendation from the Norwegian Financial Supervisory Authority.
08 April 2019
News/startups
Berlin based Penta, a challenger bank for startups and small businesses, has been acquired by fintech venture builder finleap.
02 April 2019
ABN Amro has sold a 75% stake in its mortgage administration business to Indian multinational Infosys.
29 March 2019
Singapore Exchange (SGX) has paid US$25 million for a 20% stake in BidFX, a specialised trading platform for global FX markets.
27 March 2019
Online trading and investment firm eToro is looking to a tokenized future after buying Firmo, a Danish outfit that enables smart contracts for derivatives to be securely enabled on any major blockchain. Financial terms were not disclosed.
25 March 2019
News/inclusion
On its return to Asia for the second year running, Money20/20 put on a world-class event in Singapore and welcomed senior leaders in financial services, fintech and payments to connect over major developments in digital money.
FIS is to buy Worldpay for $35 billion, in a blockbuster deal which exemplifies the trend towards large scale consolidation in the payments processing space.
18 March 2019
News/security
Mastercard continues its spending spree, agreeing to buy Ethoca, a firm that helps merchants and card issuers collaborate in real-time to identify and resolve fraud in digital commerce. Financial terms were not disclosed.
12 March 2019
News/retail
PayPal has agreed to invest $750 million in MercadoLibre as part of a $1.85 billion equity offering designed to help the Argentinian e-commerce firm cement its position as the Amazon of Latin America.
News/payments
First Data is to acquire Brazilian eftpos manufacturer and software application developer Software Express.
Medici Ventures, the blockchain investment arm of American Internet retailer Overstock, has acquired a 5.1% stake in Shanghai-based crypto banking venture Bankorus.
Indian-headquartered Financial Software and Systems (FSS) has acquired a 46% stake in Standard Bank's South African payment processing subsidiary Ecentric.
11 March 2019
Visa appears to have won the bidding war for cross-border payments firm Earthport after rival Mastercard dropped its bid and instead struck a deal to buy another money transfer network, Transfast, for an undisclosed amount.
08 March 2019
News/ai
Dealing room communications outfit IPC has invested in GreenKey Technologies (GK), the creator of AI, natural language processing tech for financial markets.
07 March 2019
In a reversal of the trend for banks to buy fintech startups, European saving platform Raisin is proposing a takeover of its long-time service bank, MHB Bank of Frankfurt.
Wave, a Toronto-based startup offering products and services to small businesses, has acquired Every, which provides business accounts and debit cards to SMEs. Financial terms were not disclosed.
06 March 2019
Commercial payments outfit Fleetcor Technologies has struck a deal to buy accounts payable automation specialist Nvoicepay. Financial terms were not disclosed.
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