1410 articles tagged with this keyword
News/Mergers and acquisitions
Banco Sabadell's digital venture hub InnoCells has bought a Spanish startup that offers consumer financing at the physical and online point-of-sale. Financial terms were not disclosed.
21 June 2018
PayPal has continued its shopping spree with a $400 million cash deal to acquire e-commerce payout platform Hyperwallet.
20 June 2018
The UK's Competition and Markets Authority (CMA) has launched an investigation into Ion Investment Group's proposed £1.5 billion takeover of trading technology firm Fidessa.
19 June 2018
Finastra is deepening its commitment to the US community banking market with the acquisition of digital banking provider Malauzi.
18 June 2018
Clydesdale and Yorkshire Bank have agreed a £1.7 billion deal to take over Virgin Money, with the aim of creating a brand with six million personal and business customers capable of taking on the UK's biggest lenders.
UniCredit has acquired a minority stake in personal financial management software house Meniga for EUR3.1 million.
05 June 2018
Cinnober has sold a 60% stake in its market surveillance unit Irisium to KRM22, an investment vehicle created to undertake a roll up of software companies providing risk management tools to the capital markets industry.
Nordic payments processor Nets and German-based merchant service provider Concardis are to merge in the latest in a series of transactions in a rapidly consolidating market.
04 June 2018
San Diego-based digital identity and verification firm Mitek Systems has bought French AI and image analysis specialist A2iA for EUR42.5 million in cash and shares.
24 May 2018
Asset management house Schroders is taking a minority equity stake in Singapore-based digital wealth services outfit WeInvest. Terms of the deal, set to be completed in June, have not been disclosed.
IHS Markit is to acquire rival financial data firm Ipreo for $1.855 billion from private equity funds managed by Blackstone and the Goldman Sachs Merchant Banking Division.
21 May 2018
Sageworks, an old-school fintech that provides lending, credit risk and portfolio risk technology to US financial institutions, has been acquired by private equity firm Accel-KKR. Financial terms were not disclosed.
18 May 2018
PayPal has reached an agreement to acquire Stockholm-based iZettle in an all-cash deal valued at $2.2 billion, it's biggest ever transaction in a dynamic and fluctuating payments environment.
Singapore's DBS has joined in a US$85 million funding round in classified ads marketplace Carousell as a prelude to offering financial products and payment services over the platform.
16 May 2018
Deutsche Bank has acquired Mumbai-based startup Quantiguous Solutions to help build an Open Banking platform connecting corporate clients to third party partners and its global transaction banking franchise.
15 May 2018
Wordline is to acquire the payments service business of Switzerland's SIX Group in a deal which values the cards unit at $2.75 billion.
Clydesdale Bank and Yorkshire Bank has made a £1.6 billion takeover offer for Virgin Money in a move which may herald a shake-up of the UK's challenger bank market.
08 May 2018
Chinese internet search giant Baidu is to divest a majority equity stake in its financial services unit to a group of venture capital investors, raising $1.9 billion.
30 April 2018
The fintech arm of Italy's Gruppo Banca Sella has agreed a £24 million cash deal to buy mobile financial services outfit Vipera.
20 April 2018
Irish software house ION has entered the bidding for Fidessa, offering a cash deal of £38.07 per share in the capital markets tech firm.
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