Mergers and acquisitions

1410 articles tagged with this keyword

/Mergers and acquisitions

Mastercard takes on Visa in tussle over Earthport

Mastercard has opened up a turf war with rival scheme Visa over the acquisition of cross-border payment firm Earthport, posting a £233 million cash offer for the UK firm.

/Mergers and acquisitions

Cognizant to acquire Finnish bank-backed Oy Samlink

Cognizant is to acquire bank-owned Finnish IT supplier Oy Samlink as part of a programme to implement a shared core banking platform for three of the country's savings banks.

/payments

Advent buys majority stake in Argentinian bank-owned payments firm

Private equity giant Advent International is buying a 51% stake in Argentinian payments firm Prisma Medios de Pago from a consortium of local banks and Visa International in a deal valuing the company at $1.42 billion.

/retail

Fiserv agrees $22bn First Data acquisition

Fiserv has struck a $22 billion, all-stock deal to buy First Data, creating a payments and fintech behemoth.

/Mergers and acquisitions

Atom hires advisors ahead of potential takeover

Spanish bank BBVA may be preparing to add the UK's Atom Bank to its burgeoning portfolio of 100%-owned neo-banking startups.

/Mergers and acquisitions

Euronext tables EUR625 million bid for Oslo Bors

Euronext is pressing ahead with a EUR625 million takeover bid for Oslo Bors as the Scandinavian trading destination seeks to ignite a bidding war with alternative suitors waiting in the wings.

/Mergers and acquisitions

US shutdown impacts fintech market

The ongoing shutdown of the US government, sparked by a disagreement over funding for border security, is starting to impinge on the US fintech industry, according to reports.

/Mergers and acquisitions

Meniga buys Wrapp for transaction-driven marketing push

Icelandic digital banking tech startup Meniga has acquired Swedish rewards platform Wrapp in a bid to take on the likes of Google and Facebook in the European marketing arena. Financial terms of the deal were not disclosed.

/Mergers and acquisitions

Bank data sharing startup Plaid moves into wealth management through Quovo acquisition

Plaid, a US startup that links consumer bank accounts with fintech apps like Venmo and Coinbase, is widening its reach through the $200 million acquisition of Quovo, which delivers a similar service but with a focus on wealth management and brokerage data.

/Mergers and acquisitions

Nets and Concardis complete merger

European payments firms Nets and Concardis have finalised their merger which was first announced back in June 2018.

/Mergers and acquisitions

Oslo Bourse invites bidding war over Euronext takeover offer

Oslo Bourse is inviting rival bidders to a EUR625 million takeover offer tendered by Euronext on Christmas Eve last year.

/Mergers and acquisitions

Ant Financial in talks to buy WorldFirst

Alibaba's financial service brand Ant Financial is in advanced talks to buy UK currency transfer service WorldFirst, according to reports by Sky News.

/Mergers and acquisitions

Nasdaq raises bid price for Cinnober in face of shareholder opposition

Nasdaq has raised its offer for Swedish trading tech firm Cinnober to $220 million, after failing to win over shareholders to its earlier valuation of $190 million.

/Mergers and acquisitions

Santander acquires bookkeeping app Albert

Santander Group has acquired Albert, an invoicing and expenses app for sole traders and micro-businesses.

/Mergers and acquisitions

Temenos to acquire digital onboarding firm Avoka

Swiss core banking vendor Temenos has agreed to acquire digital customer acquisition outfit Avoka for $245 million in cash and debt.

/Mergers and acquisitions

Motive Partners takes majority stake in Finantix

Private equity firm Motive Partners has acquired a majority stake in Finantix, which provides a bundled set of components and software development tools for financial firms beginning their digital transform journeys.

/retail

Cuna Mutual Group buys small biz lending platform Mirador

Cuna Mutual Group has acquired Portland-based digital small business lending platform Mirador. Financial Terms of the deal were not disclosed.

/Mergers and acquisitions

CMA opens Phase 2 probe into PayPal's takeover of iZettle

PayPal's refusal to address concerns raised by the UK's Competition and Markets Authority over its takeover of Sweden's iZettle have opened the door for a full-blown Phase 2 investigation by the watchdog.

/Mergers and acquisitions

Nasdaq buys Canadian alternative data provider Quandl

Nasdaq has acquired Quandl, a Toronto-based provider of alternative and core financial data. Terms of the deal were not disclosed.

/retail

Accenture buys Intesa Sanpaolo's stake in Italian bank tech vendor

Italian banking group Intesa Sanpaolo has sold its majority stake in financial services technology firm SEC Servizi Spa to Accenture. Financial details of the deal were not disclosed.