1410 articles tagged with this keyword
News/Mergers and acquisitions
Misys has acquired Hungary-based IND Group, a supplier of online and mobile banking and personal financial management tools to 30 banks worldwide.
10 February 2014
Monitise has acquired Turkish mobile money outfit Pozitron Yazilim in an all share deal which could be worth up to £60 million.
03 February 2014
Just months after buying IdenTrust, private equity firms Parallax Capital Partners and StepStone Group have offloaded the digital identity authentication firm to Swedish lock manufacturer Assa Abloy. Financial terms were not disclosed.
17 January 2014
Financial data outfit Markit is moving into the order management system (OMS) business with the acquisition of thinkFolio. Financial terms of the deal were not disclosed.
14 January 2014
A 16% decline in M&A and IPO activity in the payment space in 2013 was more than compensated for by a boom in early-stage investing, according to data from CB Insights, as a mix of VCs and corporate venture firms all continued to jockey for a piece of this massive industry.
10 January 2014
JPMorgan has acquired an equity stake in exchange group Chi-X Global.
08 January 2014
Swedish online payments firm Klarna is preparing to take on the likes of PayPal after acquiring German rival Sofort for around $150 million.
18 December 2013
PayPal has acquired StackMob, a San Francisco-based firm which helps developers build and manage their mobile applications. Financial terms of the deal were not disclosed.
Amazon has acquired San Francisco-based mobile commerce outfit GoPago, according to press reports, putting it in competition with the likes of Square and PayPal.
17 December 2013
Identity-theft firm LifeLock is upping its mobile presence with the acquisition of mobile-wallet start-up Lemon for an initial consideration of $42.6 million.
12 December 2013
IBM has taken a controlling stake in Associated Dexia Technology Services, which provides IT services to financial institutions formerly within the Dexia Group, including Belfius Bank, Belfius Insurance and Banque Internationale à Luxembourg.
09 December 2013
Apple has bought social media analytics firm Topsy Labs for a reputed $200 milliom.
03 December 2013
The bank owners of Italian payments processor SIA have agreed to sell a 59.3% stake in the venture in a deal valuing it at around EUR765 million.
NCR has struck a $1.65 billion deal to buy online and mobile banking specialist Digital Insight from private equity firm Thoma Bravo. Separately, NCR has also closed the $84 million acquisition of Alaric Systems.
IntercontinentalExchange has confirmed plans to sell Nyse Euronext's technology unit and spin off the Euronext exchange in an initial public offering.
20 November 2013
US payment processor EVO Payments is to acquire a 66% stake in PKO Bank Polski's merchant acquiring business, eServices, for a minimum $113.5 million.
07 November 2013
Nyse Euronext and IntercontinentalExchange have postponed the closing date of their pending merger transaction as they await approval from European regulators.
31 October 2013
Switchless, a South African-based outfit which develops bitcoin-related software for financial institutions, has bought local bitcoin exchange BitX. Financial terms were not disclosed.
25 October 2013
Private equity firm Aquiline is exploring a sale of its stake in Belgian payments vendor Clear2Pay, according to a report from Reuters.
Payday loan outfit Wonga is moving into the online payments market with the acquisition of BillPay, dubbed the PayPal of Germany.
18 October 2013
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