Latest Mergers and acquisitions News: Finextra Research

Prepaid Financial Services acquires Spectre Technologies Limited

Prepaid Financial Services Limited (PFS), an established e-money issuer and alternative banking provider today announced the acquisition of Spectre Technologies Limited (STL), a Malta-based software development company with a long history of providing bespoke software to the financial services, payments, and FinTech industries.

21 February 2017

News/Mergers and acquisitions

Ant Financial takes equity stake in Phillippine mobile money firm

Ant Financial, the financial services arm of China's Alibaba, is taking a stake in Mynt, a mobile payment and credit service owned by Philippine mobile operator Globe Telecom.

20 February 2017

Company update/Mergers and acquisitions

ICE to acquire TMX Atrium

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced it has entered an agreement to acquire TMX Atrium, a global extranet and wireless services business from TMX Group.

15 February 2017

News/Mergers and acquisitions

PayPal moves into bill payments with TIO acquisition

PayPal is looking to steal a march on financial services firms in the underbanked bill payment space by acquiring North American processor TIO for $233 million.

15 February 2017

News/Mergers and acquisitions

Temenos to buy Australia's Rubik Financial for US$50 million

Swiss core banking vendor Temenos is to buy Australian partner Rubik for US$50 million.

15 February 2017

Company update/Mergers and acquisitions

Euronext acquires majority stake in Company Webcast

Today Euronext announces the acquisition of a 51% majority stake in Company Webcast, a Dutch company specialised in professional webcast and webinar services. The transaction includes an initial cash payment of €3.6 million.

14 February 2017

News/Mergers and acquisitions

Japanese banks invest in local bitcoin exchange

Mizuho Financial Group and Sumitomo Mitsui Financial Group have joined a $1.75 million funding round for Japan's biggest bitcoin exchange, bitFlyer, according to Nikkei.

14 February 2017

Company update/Mergers and acquisitions

Charles Taylor InsureTech acquires majority stake in insurance platform specialist

Charles Taylor InsureTech (InsureTech) has acquired a majority stake in Otak, an insurance technology platform business specialising in delegated authority solutions.

09 February 2017

Company update/Mergers and acquisitions

Silvertreee acquires Nigerian price comparison site TopCheck

Silvertree Internet Holdings, Africa’s leading Internet platform, has acquired Nigerian price comparison site TopCheck for an undisclosed amount.

08 February 2017

News/Mergers and acquisitions

Thomson Reuters to buy Clarient and Avox

Thomson Reuters has moved to strengthen its KYC management services and legal entity data by buying Clarient and Avox from the DTCC and its bank partners. Financial terms were not disclosed.

06 February 2017

Company update/Mergers and acquisitions

Genpact to acquire the item processing assets of Fiserv Australia

Genpact (NYSE:G), a global leader in digitally-powered business process management and services, today announced that it has signed a definitive agreement with global financial services technology solutions provider Fiserv, Inc. (FISV), to acquire the assets of its Australia-based Item Processing Business (IPB), which serves three of the four major retail banks in Australia, handling approximately 70 percent of all checks processed in the Australian market.

06 February 2017

News/Mergers and acquisitions

Klarna agrees £60 million deal to acquire Wonga's BillPay

Fast-growing Swedish payments startup Klarna has acquired Germany's BillPay, a Berlin-based consumer financing outfit owned by UK payday lender Wonga.

06 February 2017

Company update/Mergers and acquisitions

CIP Capital completes compliance roll up

CIP Capital announced the formation of Compliance Solutions Strategies (“CSS” or the “Company”), a leading provider of technology-enabled regulatory and compliance solutions to the financial services industry.

02 February 2017

News/Mergers and acquisitions

SoFi moves beyond lending with acquisition of mobile banking startup Zenbanx

Online lender SoFi is stepping up its efforts to take on America's banks by buying fellow fintech player Zenbanx, enabling it to offer checking accounts, credit cards and international money transfers. Financial terms were not disclosed.

01 February 2017

Company update/Mergers and acquisitions

BT to acquire IP Trade

BT today announced that it has signed an agreement to acquire IP Trade SA, a provider of unified communications and collaboration solutions for trading floor environments and command-and-control dispatch centres.

01 February 2017

Company update/Mergers and acquisitions

Green Dot to acquires UniRush for $167 million

Green Dot Corporation (NYSE:GDOT) today announced that it has entered into an agreement to acquire UniRush, LLC, and its operating businesses RushCard, a leading online direct-to-consumer general purpose reloadable prepaid card provider, and Rapid! PayCard, a leading corporate payroll card provider.

31 January 2017

Company update/Mergers and acquisitions

Ingenico to acquire Indian payment processor TechProcess

Ingenico Group announced today it has reached an agreement in principle to acquire 100% of TechProcess Payment Services Ltd (“TechProcess”), a leading Indian electronic payments services provider from its current shareholders (major global and Indian investors).

30 January 2017

News/Mergers and acquisitions

BNP Paribas takes stake in AI-based compliance startup

BNP Paribas Securities Services has taken a minority stake in Fortia Financial Solutions, a software company which uses artificial intelligence, machine learning and business process monitoring to help the fund industry meet rising compliance requirements and manage mounting volumes of data.

30 January 2017

Company update/Mergers and acquisitions

TP Icap completes asset acquisition from research and analytics specialist Burton-Taylor

TP ICAP’s data & analytics division (TP ICAP), the provider of independent real-time price information from the global OTC financial and commodity markets, has acquired certain assets of market research, analytics and business consulting firm Burton-Taylor International Consulting LLC.

30 January 2017

Company update/Mergers and acquisitions

Wipro to acquire Brazil's InfoSERVER

Wipro Ltd. (NYSE:WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company today signed an agreement to acquire InfoSERVER S.A. for BRL 27.6 Million (USD 8.7Mn).

27 January 2017