Latest Mergers and acquisitions News: Finextra Research

Nordic Capital buys majority stake in online payments firm Trustly

Private equity group Nordic Capital has struck a deal to acquire a majority stake in Swedish online payments provider Trustly. Financial terms were not disclosed, although the agreement is rumoured to value Trustly at around EUR700 million.

14 March 2018

Company update/Mergers and acquisitions

US Clearing House Association and Financial Services Roundtable to merge

The Financial Services Roundtable (FSR) and The Clearing House (TCH) have announced plans to combine the activities of The Clearing House Association (TCH Association), TCH's non-partisan advocacy and research arm, with those of FSR.

14 March 2018

Company update/Mergers and acquisitions

TA Associates takes majority stake in Confluence

TA Associates, a leading global growth private equity firm, today announced that it has completed a majority investment in Confluence, a global leader in investment data management automation for regulatory, investor communications and performance reporting.

14 March 2018

Company update/Mergers and acquisitions

ING closes acquisition of majority stake in Payvision

ING has today completed the acquisition of its 75% stake in Payvision, a fast-growing, leading international omnichannel payments service provider.

13 March 2018

News/Mergers and acquisitions

Tandem to buy personal finance app Pariti

UK digital challenger bank Tandem has stepped up its aggregation game by agreeing to acquire personal finance app Pariti. Financial terms have not been disclosed.

13 March 2018

Company update/Mergers and acquisitions

GI Partners buys Togetherwork

Togetherwork, the emerging leader in Group Management Software and Payments, announced today that GI Partners, a leading private investment firm, has acquired Togetherwork from Aquiline Capital Partners, a New York-based private equity firm investing in financial services and technology. Financial terms of the agreement were not disclosed.

13 March 2018

News/Mergers and acquisitions

Ant Financial enters Pakistan through Telenor deal

China's Ant Financial has set its sights on Pakistan, agreeing to buy a 45% stake in a local mobile financial services outfit owned by Norwegian telco Telenor.

13 March 2018

Company update/Mergers and acquisitions

SS&C to buy Caceis North America

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced it has entered into an agreement to acquire Caceis North America, the fund administration business of Caceis based in Toronto and New York.

12 March 2018

News/Mergers and acquisitions

S&P Global agrees to buy AI startup Kensho

S&P Global has agreed a $550 million cash and stock deal to buy Kensho Technologies, a provider of analytics, AI, machine learning and data visualisation systems to Wall Street banks.

07 March 2018

Company update/Mergers and acquisitions

Flexpoint Ford backs MBO of Dash Financial Technologies

Dash Financial Technologies, provider of one of the industry’s most advanced multi-asset trading technology and execution services platforms, today announced that its co-founders, Peter Maragos and David Karat, have partnered with private equity investment firm Flexpoint Ford to acquire the Dash business from private equity firm GTCR in a management-led buyout.

07 March 2018

Company update/Mergers and acquisitions

Jane Street Group invests in McKay Brothers

McKay Brothers, a market leader in low latency networks, today announces a minority investment from Jane Street Group, LLC that will support the continued growth of McKay’s successful private bandwidth and market data businesses.

06 March 2018

Company update/Mergers and acquisitions

Yoma rides fintech wave in Myanmar with stake in Wave Money

Yoma Strategic Holdings Ltd. (“Yoma Strategic” or the “Company”, and together with its subsidiaries, the “Group”) plans to acquire a 34% stake in Digital Money Myanmar Co., Ltd. (“Wave Money”) from First Myanmar Investment Company Limited (“FMI”) for US$19.4 million, which is subject to completion and will be funded within existing capital plans (the “Acquisition”).

06 March 2018

News/Mergers and acquisitions

Mastercard acquires Oltio from Standard Bank

Furthering its ambitions to displace cash in emerging markets, Mastercard has acquired mobile payments technology company Oltio from South Africa's Standard Bank.

06 March 2018

Company update/Mergers and acquisitions

Poland's PeP buys online payments outfit PayLne

On March 1, 2018 PeP (Polskie ePlatnosci) bought 100% shares of PayLane.

05 March 2018

Company update/Mergers and acquisitions

Catalyst acquires Knadel

Livingstone’s Business Services sector team has advised Catalyst Development, an award-winning specialist financial markets consultancy, on its acquisition of investment management consultancy Knadel.

27 February 2018

Company update/Mergers and acquisitions

Circle acquires Poloniex

We’re proud to announce that Circle has extended its commitment to a new vision for global finance by acquiring Poloniex, a leading token exchange platform.

26 February 2018

Company update/Mergers and acquisitions

Vermeg completes acquisition of Lombard Risk

Vermeg, a European banking and insurance software solutions leader, has acquired Lombard Risk, the leading global provider of integrated regulatory reporting and collateral management solutions.

26 February 2018

News/Mergers and acquisitions

Temenos to create financial technology powerhouse as Fidessa agrees takeover

The boards of Temenos and Fidessa have reached an agreement on the terms of an all-cash takeover of the UK-based trading technology supplier in a transformational deal for the Swiss core banking vendor.

21 February 2018

Company update/Mergers and acquisitions

Inpay acquires Eurogiro

The leading postal payments network Eurogiro A/S, has joined forces with the licensed FinTech company Inpay A/S, which will bring continuity, innovation and exciting growth opportunities to all Eurogiro members.

21 February 2018

Company update/Mergers and acquisitions

NMI to buy Creditcall

Creditcall, an omni-channel payment gateway and EMV solutions provider, today announces it has signed a definitive agreement to be acquired by NMI, a leading provider of payments enablement technology for independent sales organisations (ISOs), independent software vendors (ISVs), value-added resellers (VARs) and Payment Facilitators.

20 February 2018