Mergers and acquisitions

1375 articles tagged with this keyword

/payments

Shift4 Payments unimpressed by suitor bids

Shift4 Payments' CEO is Jared Isaacman is said to be distinctly unimpressed by the valuations placed on the firm from potential acquirers.

/payments

Nuvei in talks over private equity buy-out

Nasdaq-listed Canadian fintech Nuvei has confirmed that it is in talks over a potential going-private transaction.

/payments

GoCardless to buy Nuapay from EML Payments

GoCardless is creating a full-service bank payments provider through the acquisition of open banking business Nuapay from Australia's EML Payments in a deal worth €32.75 million.

/retail

Nationwide to buy Virgin Money for £2.9 billion

Nationwide has struck a deal to buy Virgin Money for £2.9 billion in a move that would see the building society expand into business banking and present a challenge to the might of the four big high street banks.

/wholesale

Mexico's Ziff acquires real estate financing outfit Arrenda

Mexico's Ziff has acquired revenue-based real estate financing outfit Arrenda.

/payments

Fiserv looks to buy Shift4 Payments - Reuters

Fiserv is battling with Amadeus IT Group to acquire payments processor Shift4 Payments, according to Reuters.

/payments

Top 5 payment stories you missed in February 2024

Fintech heated up a bit in February meaning you could have missed out on some of the biggest stories. Here are some of the top stories we saw in January 2024.

/wholesale

Xalts to acquire Contour Network to build 'Plaid for Trade'

Accel and Citi Ventures-backed fintech Xalts has acquired Contour Network from a consortium of global banks, with the aim of to building a 'Plaid for Trade' supply chain network.

/payments

Capital One to acquire Discover for $35 billion

Capital One has made a $35 billion bid to acquire Discover Financial Services, in a move that radically reshapes the payment card industry.

/crypto

RockWallet acquires Wyre’s user base

RockWallet has announced its acquisition of Wyre’s full customer base after the cryptocurrency payment platform shut down in June 2023.

/retail

Nigeria's Carbon buys Vella Finance for AI-powered business banking

Nigerian digital bank Carbon has acquired Vella Finance for the launch of an AI-powered platform for SMEs. Financial terms were not disclosed.

/payments

Viva Wallet acquisition turns sour for JPMorgan as lawsuits filed

Lawsuits are flying between JPMorgan and Viva Wallet, the European cross-border payments platform in which the US bank acquired a 49% stake last year.

/wealth

Virgin Money acquires abrdn's stake in joint venture wealth platform

Virgin Money is to take full control of its digital wealth management platform, buying out joint investor abrdn for £20 million.

/crypto

Ripple to acquire Standard Custody

Ripple has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets.

/retail

Tesco Bank sells credit cards, loans and savings operations to Barclays

The £600 million deal has an "initial" agreement lasting 10 years.

/crypto

Crypto custodian BitGo moves into private securities with Brassica acquisition

Crypto custody specialist BitGo has acquired Brassica, a fintech specialising in providing back-end infrastructure services for private securities and alternative investments. Financial terms were not disclosed.

/identity

Entrust opens talks to take over Onfido

Entrust, a provider of security services for payment cards, passwords and access controls, has confirmed that it has entered exclusive negotiations to acquire ID verification outfit Onfido.

/wealth

Cred moves into wealth management with acquisition of Kuvera

Indian fintech giant Cred is to move into the wealth management market with the acquisition of mutual fund and stock investment platform Kuvera.

/startups

UK fintech investment down 34% in 2023

Total UK fintech investment dropped to $12.3 billion in 2023, down 34% from $18.7 billion in 2022, according to KPMG’s Pulse of Fintech, a bi-annual report on fintech investment trends

/payments

Oz payments firm Fat Zebra buys open banking outfit Adatree

Australian payments infrastructure provider Fat Zebra has acquired local open banking technology platform Adatree. Financial terms were not revealed.