3165 articles tagged with this keyword
News/Mergers and acquisitions
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
Mobile money firm Monitise has agreed to buy partner First Eastern out of their 50:50 Asia Pacific joint venture in a deal worth around £11.25 million in shares.
17 October 2013
Trading in invoice financing outfit Tungsten made a steady start on the AIM Market of the London Stock Exchange Wednesday, with the company raising £160 million from an oversubscribed placing
16 October 2013
US fingerprint authentication outfit DigitalPersona has acquired Georgia-based Identity Stream, which offers a turnkey biometric system for core banking users.
11 October 2013
MasterCard has moved to strengthen its position in the fast growing Turkish market, agreeing to buy local payments outfit Provus Bilisim Hizmetleri. Financial terms of the deal were not disclosed.
10 October 2013
VCs, seasoned entrepreneurs and corporate finance houses were rubbing shoulders with T-shirted startups at Money2020 in search of the next Facebook or Square.
08 October 2013
Sweden's CameronTec has signed a definitive agreement to buy US FIX and electronic trading tech specialist Greenline Financial Technologies from MarketAxess. Financial terms were not disclosed.
02 October 2013
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