Mergers and acquisitions

3191 articles tagged with this keyword

/wealth

Objectway buys Canada's Nest Wealth

Italian software and services provider to banks and asset and wealth managers Objectway is making moves into North America through the acquisition of Canadian firm Nest Wealth. Terms were not disclosed.

/payments

Synchrony to acquire Ally Financial's point-of-sale financing business

Synchrony (NYSE: SYF) and Ally Financial Inc. (NYSE: ALLY), today announced that they have entered into a definitive agreement for Synchrony to acquire Ally's point of sale financing business including $2.2 billion of loan receivables.

/markets

TRG Screen buys Xpansion

TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced it has acquired Xpansion, the leading provider of cloud-based solutions for reference data usage monitoring in the financial services industry.

/payments

Accept Cards becomes employee owned

Leading payments broker Accept Cards - which works with more than 260 accountancy and financial services firms in the UK - has become employee owned, with all the shares transferring to an Employee Ownership Trust (EOT).

/markets

EquiLend to be acquired by PE firm WCAS

EquiLend, the securities lending trading platform owned by 10 major Wall Street firms, is being acquired by private equity firm Welsh, Carson, Anderson & Stowe (WCAS).

/retail

Getsafe Acquires EQT-backed student loan platform deineStudienfinanzierung

Getsafe, Europe’s leading neo-insurer based in Germany with over 550,000 customers, has acquired deineStudienfinanzierung, Germany’s number 1 digital platform for student loans.

/payments

Ukheshe acquires EFT International

In a significant move for the African fintech ecosystem, Ukheshe International has acquired 100% of EFT Corporation Limited (EFTCorp) from parent Loita Transaction Services (LXS), a pan-African payment solutions and financial switching provider.

/retail

Visa closes Pismo acquisition

Visa (NYSE:V) today announced it has completed its acquisition of Pismo – a global cloud-native issuer processing and core banking platform.

/payments

DMI snaps up ZestMoney platform

The DMI Group (“DMI”) today announced the acquisition of the ZestMoney platform (“Zest”). DMI Finance, the NBFC arm of DMI, will be a preferred lender on the Zest platform.

/regulation

Encompass acquires ING compliance startups

Encompass Corporation has acquired two compliance startups - CoorpID and Blacksmith - developed by Dutch bank ING.

/payments

Trustly completes SlimPay merger

Trustly, a pioneer in open banking solutions, announces the successful completion of its acquisition of SlimPay, a leader in the European recurring payments sector. Following the initial statement on August 29, 2023, and subsequent receipt of regulatory approvals from the French banking supervision authority, ACPR, this strategic move marks a major step towards redefining the recurring payment landscape in Europe.

/startups

Fintech startup Salmon becomes licenced bank in the Philippines

Consumer credit fintech Salmon has become a licenced bank in the Philippines after acquiring a controlling interest in Rural Bank of Sta. Rose.

/payments

Ant Group eyes up $200 million acquisition of Multisafepay

China's Ant Group is reportedly preparing to acquire Dutch payments firm Multisafepay as it expands further into Western markets.

/payments

Talus Pay acquires Jobox.ai and Clarus Merchant Services

Talus Pay, a fast-growing technology-driven provider of payment processing solutions for small and mid-sized merchants, is pleased to announce it has acquired Jobox.ai (“Jobox”), a fintech company servicing the home services industry, and Clarus Merchant Services (“Clarus”), a leading provider of integrated B2B payment solutions.

/payments

Blackstone buys majority stake in Sony Payment Services

Japan's Sony Bank has offloaded a majority stake in its payments business to private equity funds managed by Blackstone.

/retail

CSI acquires Hawthorn River

CSI, a leading provider of end-to-end financial software and technology, announced today it has acquired St. Louis, Missouri-based software provider Hawthorn River, which offers a modern, single-platform loan origination system (LOS) purpose-built for community banks.

/markets

Thoma Bravo to invest in BlueMatrix

Thoma Bravo, a leading software investment firm, today announced it has signed a definitive agreement to make a strategic growth investment in BlueMatrix, a leading end-to-end content creation and distribution platform for investment research providers. Upon closing of the transaction, Founder and CEO Patricia Horotan will continue to lead the company and will retain a significant ownership position.

/retail

Glory increases investment in shared banking hub OneBanx

Glory (TYO: 6457), a global leader in cash technology solutions for the financial, retail, and quick service restaurant industries, today announced the acquisition of additional shares in OneBanx, a fully managed shared banking solutions provider.

/markets

TMX to acquire VettaFi

TMX Group Limited (TMX Group) today announced it has agreed to acquire the remaining approximately 78% of the common units of VettaFi Holdings LLC (VettaFi), a leading US-based, indexing, digital distribution, analytics and thought leadership company, for US$848 million ($1.15 billion*).

/retail

ABN Amro acquires European neobroker BUX

ABN Amro is to acquire European neobroker Bux, strengthening its footprint in the retail investment space.