Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Subscription platform Youtility acquired by Squeeze

UK embedded subscription management platform Youtility has been acquired by American insurance price comparison service Squeeze. Financial terms were not disclosed.

26 October 2023

Company update/payments

AnaCap-backed Orbyt acquires Telia’s Finnish eInvoice operations

AnaCap, a market-leading partner for founders and entrepreneurial management teams across services, technology and software within the European financial ecosystem, today announces that its portfolio investment Orbyt, a leading Office of the CFO software provider for accounts receivable automation and integrated payments has acquired Telia’s Finnish activities (“Telia Talous”) dedicated to providing eInvoice services.

23 October 2023

News/crypto

DTCC buys blockchain outfit Securrency

The Depository Trust & Clearing Corporation (DTCC) has agreed to buy blockchain-based fintech Securrency. Financial terms were not disclosed.

19 October 2023

Company update/payments

Airwallex to acquire Mexico's MexPago

Airwallex, a leading global payments and financial platform for modern businesses, today announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder.

19 October 2023

Company update/payments

Stax Payments acquires APPS

Stax Payments, a leading payment technology provider, today announced its acquisition of Atlantic-Pacific Processing Systems (APPS), creating an end-to-end, seamless payment processing platform.

17 October 2023

Company update/markets

Chatham Financial acquires EA Markets

Chatham Financial, a global leader in financial risk management advisory and technology, is pleased to announce its acquisition of capital markets investment banking firm, EA Markets.

17 October 2023

Company update/wholesale

Mphasis acquires digital consultant Silverline

Mphasis; (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, announced today its acquisition of Silverline, a digital transformation consultancy and Salesforce partner. Established in 2009 with its headquarters in New York City, Silverline guides clients through every stage of their digital transformation journey with consulting and advisory services, implementation and managed services, and specialty capabilities.

13 October 2023

Company update/payments

NMI acquires Sphere Commercial Division

NMI, a leading full commerce enablement technology company, has acquired the Sphere Commercial Division.

12 October 2023

Company update/payments

Fiserv acquires Brazil's Skytef

Fiserv, Inc. (NYSE: FI), a global leader in payments and financial technology, announces the acquisition of Skytef, primary distributor of Software Express’s SiTef® (Solução Inteligente de Transferência Eletrônica de Fundos), from Fiserv, the leading Electronic Funds Transfer solution in Brazil.

12 October 2023

News/payments

Goldman Sachs to take Q3 earnings hit on GreenSky sale

Goldman Sachs has agreed to sell BNPL-based home improvement lender GreenSky to a a consortium of institutional investors led by Sixth Street. Terms of the deal were not disclosed but the sale will lead to a 19-cent-per-share hit to Goldman's third-quarter earnings.

11 October 2023

Company update/payments

Fiserv buys Brazil's Skytef

Fiserv, Inc.(NYSE: FI), a global leader in payments and financial technology, announces the acquisition of Skytef, primary distributor of Software Express's SiTef ® (Solução Inteligente de Transferência Eletrônica de Fundos), from Fiserv, the leading Electronic Funds Transfer solution in Brazil.

11 October 2023

News/sustainable

Sustainable Finance Live 2023: Connecting capital with the right sustainability solutions

Bursting on stage to lead the final panel session of the day, Anna-Marie Slot, global sustainability partner, Ashurst, outlined her hopes for a “rubber hits the road” panel. Getting straight to the crux of the matter, Slot asked the panel, how much money actually has to move to ensure impact?

11 October 2023

News/sustainable

Sustainable Finance Live 2023: Bring everyone to the party for decarbonisation

Leading the SustainableFinance.Live's 2023 keynote session, Roxana Slavcheva, global lead for the built environment, World Resources Institute (WRI), dove right in to her session titled the ‘Role of AI in Decarbonising the Built Environment: An Urban Policy Perspective.’

10 October 2023

Company update/payments

Ecentric Payments acquires IP of Thumbzup

Ecentric Payment Systems, the leader in retail payment processing in South Africa and 17 other African countries, has announced its acquisition of the IP, people, and customers of innovative technology payment solutions company Thumbzup, in a move that will benefit both business’s customers and support Ecentric’s strategy to become the dominant omnichannel player for retailers with a national footprint.

09 October 2023

News/retail

Will Metro Bank be 2023’s next banking collapse?

Metro Bank has had a rough week. News that the UK challenger bank was planning to raise up to £600 million from investors, prompted financial watchdogs to summon the bank’s bosses for a sit-down.

06 October 2023

News/retail

IeDigital buys Connect FSS

British digital banking software provider ieDigital has acquired US counterpart Connect FSS for an undisclosed fee.

05 October 2023

Company update/markets

LiquidityBook acquires Messer FS

LiquidityBook, a leading provider of cloud-native buy- and sell-side trading solutions, announced today the general availability [SB1] of LBX PMS 2.0, its newly enhanced Portfolio Management and Accounting [CL2] [CL3] System.

04 October 2023