1410 articles tagged with this keyword
News/Mergers and acquisitions
Visa has struck an agreement to acquire American transactional advertising outfit TrialPay. Financial terms of the deal have not been disclosed.
27 February 2015
Samsung has agreed a deal to buy mobile wallet outfit LoopPay, giving the electronics giant a new weapon in its brewing battle with Apple for the m-payments market. Financial terms have not been disclosed.
18 February 2015
UK mobile banking company Monitise says it has had positive discussions with potential suitors as it reports widening losses and an eight percent decline in revenues for the first half of the year.
17 February 2015
Commonwealth Bank of Australia is on the prowl for tech acquisitions after paying A$40 million for South African digital banking outfit Take Your Money Everywhere (Tyme).
12 February 2015
On the day it reported a fall in fourth quarter revenues, Swiss core banking vendor Temenos has acquired US financial software provider Akcelerant for $50 million in cash.
10 February 2015
Temasek Holdings, Singapore's state-owned investment fund, is sniffing around core banking supplier Misys, which has been put on the block by current owner Vista Equity Partners, according to Sky News.
05 February 2015
SmartStream has acquired Algorithmics Collateral assets from IBM, enabling it to address funding and counterparty risk issues for customers from within its own post-trade software suite.
04 February 2015
SS&C is to buy Advent Software for $2.7 billion in cash in a bid to capitalise on a growing trend for outsourcing of software and services in the financial sector.
03 February 2015
Bats Global Market has acquired institutional spot foreign exchange market Hotspot FX from KCG Holdings in a cash transaction valued at $365 million.
28 January 2015
Mobile banking company Monitise has put itself in the shop window, as its stock price deteriorates still further and it warns on full year revenues.
22 January 2015
US bank Capital One has bought money management app Level Money. Financial terms were not disclosed.
12 January 2015
Indian IT services group Tech Mahindra has agreed a sub-$30 million all-cash deal to acquire niche core banking consultancy Sofgen.
09 January 2015
BBVA has acquired Spanish big data and cloud computing startup Madiva Soluciones as part of its strategy to buy up companies that are developing new technologies and disruptive business models.
10 December 2014
Reference data firm Markit has backed out of the running to develop a rival to Bloomberg's instant messaging network, instead selling the technology assets of its Collaboration unit to back-backed Symphony Communication Services.
02 December 2014
Connecticut-based SS&C Technologies Holdings, has acquired DST Global Solutions for $95 million in cash, providing a platform for growth in Emea and Asia Pacific.
Private equity firm Silver Lake has sold financial communications business IPC to Centrebridge Partners for $1.2 billion.
Skrill Group is to acquire Ukash, a UK-based electronic money system that allows users to exchange their cash for a secure code to make payments online.
27 November 2014
Capita has emerged as the preferred bidder for a 10-year, £325 million contract to run the mortgage book of the UK's Co-operative Bank.
11 November 2014
Crowdfunding platform Seedrs has acquired California-based Junction Investments ahead of a US launch. Financial terms of the deal were not disclosed.
31 October 2014
The value of fintech-related mergers and acquisitions hit $10 billion in the last three months, with deals involving payments firms dominating, data from investment bank Berkery Noyes shows.
22 October 2014
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