1410 articles tagged with this keyword
News/Mergers and acquisitions
PayPal is expanding its working capital programme for merchants through the acquisition of online lending firm Swift Financial. Terms of the deal were not disclosed.
11 August 2017
Sberbank is to spend $500 million to take a 50% stake in Yandex.Market, the e-commerce venture operated by the Russian search engine.
09 August 2017
Euronext has agreed a deal to acquire an 11% stake in the French operations of LCH Group on the back of a ten-year derivatives processing arrangement.
08 August 2017
Digital challenger Tandem has pulled off a huge deal to salvage its plans to move into the UK banking market by acquiring loss-making Harrods Bank.
07 August 2017
Fiserv has raised its offer for the acquisition of ailing UK mobile outfit Monitise by £5 million to £75 million in a last-ditch attempt to convince recalcitrant shareholders to come onboard.
The private equity industry's appetite for blockbuster payment deals shows no signs of abating as Blackstone and CVC agree a £2.96 billion deal to acquire online payments company Paysafe.
04 August 2017
Indian IT giant Infosys is buying London-based product design and customer experience outfit Brilliant Basics. Terms of the deal were not disclosed.
Kabbage, the US online lender for small businesses, has secured a $250 million investment from Japan's Softbank.
03 August 2017
Payconiq, the ING-derived mobile payments app supported by a coalition of banks in Belgium and Holland, is moving into Luxembourg with the acquisition of Digicash.
02 August 2017
Visa has made a strategic investment in Marqeta as part of a wider multi-year global partnership with the open API card issuing and processing platform.
26 July 2017
Nasdaq is to acquire Sybenetix, a UK-based startup that applies behavioural analysis and cognitive computing to sniff our suspicious trading activity at asset management firms.
25 July 2017
Investors' interest in the payments sector continues to intensify with today's news that three of the largest private equity firms in the world have made bids to acquire stakes in payment providers.
21 July 2017
Ingenico is to acquire three-year old payment processor Bambora from Nordic Capital for $1.5 billion, adding fuel to an increasingly hot industry sector for M&A activity.
20 July 2017
Mastercard is looking to boost its fraud detection capabilities through the acquisition of artificial intelligence specialist Brighterion. Financial terms of the deal were not disclosed.
18 July 2017
The UK's Competition and Markets Authority (CMA) has told Intercontinental Exchange that it must not only sell Trayport but also rip a commercial agreement with the energy trading technology shop it acquired for $650 million less than two years ago. ICE says it will comply.
07 July 2017
Worldpay is spurning overtures from JP Morgan to carve out a £9.1 billion deal with US card technology group Vantiv.
05 July 2017
Shares in payment processors Worldpay and Nets have surged amid widespread market chatter of takeover talks with third party suitors.
04 July 2017
Agreed terms for a £70 million acquisition of Monitise by Fiserv reveal the scale of the challenges facing the once hotly-tipped UK mobile banking firm, which had failed to find a single buyer for its 'next-generation' FINkit software package.
03 July 2017
Newly-merged ATM giant Diebold Nixdorf has calmed regulatory concerns by agreeing to sell off its Diebold UK business to local provider Cennox.
29 June 2017
Fiserv is offering to buy long-struggling UK mobile banking firm Monitise at 2.9 pence per share, valuing the company at £70 million.
13 June 2017
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