Latest Mergers and acquisitions News: Finextra Research

Trintech acquires financial reconciliation business from Fiserv

Trintech, a leading global provider of cloud-based financial close solutions for the Office of the CFO, today announced its acquisition of Frontier Reconciliation and Accurate Reconciliation from Fiserv (NYSE: FI), a leading global provider of fintech and payments solutions.

26 July 2023

Company update/wholesale

Medius completes acquisition of expense management firm Expensya

Medius, a leading provider of accounts payable (AP) automation, has today announced that the acquisition of expense management software company Expensya is complete.

25 July 2023

Company update/wealth

GBST acquires Advice Intelligence

GBST, a leading global provider of cloud-based SaaS wealth management technology, has announced the acquisition of Advice Intelligence, an award-winning cloud-based end-to-end financial planning software solution.

25 July 2023

Company update/regulation

Quantuma advises Clausematch on Corlytics acquisition

Cross-border advisory firm Quantuma is delighted to announce its role in delivering the sale of Clausematch, an award-winning RegTech company, to Ireland-based Corlytics.

21 July 2023

Company update/retail

Nordea to acquire Danske Bank consumer and private banking business in Norway

Nordea has entered into an agreement with Danske Bank (Danske) to acquire its Norwegian personal customer and private banking business and associated asset management portfolios.

19 July 2023

Company update/markets

Euroclear completes acquisition of Goji

Euroclear, the global provider of financial market infrastructure, today announced the completion of its acquisition of Goji.

17 July 2023

Company update/payments

HyperPay acquires Sanad Cash

HyperPay, the largest and fastest-growing payments services provider in the MENA region, has announced the acquisition of Sanad Cash, the leading Saudi spend management fintech.

17 July 2023

Company update/retail

Smart Pension acquires Evolve Pensions

Smart Pension, one of the UK’s leading workplace pension providers, announces its acquisition of Evolve Pensions, a leading provider in workplace pension services through its master trust the Crystal Trust.

17 July 2023

Company update/identity

TMT Analysis acquires Phronesis Technologies

TMT Analysis (TMT), a leading mobile number and device intelligence company has acquired UK based Phronesis Technologies Ltd.

17 July 2023

Company update/payments

UKG acquires payroll provider Immedis

UKG, a leading provider of HR, payroll, and workforce management solutions for all people, has completed the acquisition of Immedis, a leading global payroll provider with technology and services supporting more than 160 countries and 120 currencies.

17 July 2023

Company update/retail

Cornerstone Advisors acquires BankSmart

Cornerstone Advisors, a leading management and technology consultancy for banks, credit unions and fintech firms, today announced the acquisition of BankSmart, a consulting firm specializing in bank operations, vendor selection, project management solutions and payments.

12 July 2023

Company update/payments

DBS divests majority stake in AXS to Tower Capital Asia

DBS Bank Ltd (“DBS”) today announced that it has entered into an agreement to sell a 77.8% stake in AXS Pte. Ltd. (“AXS”) to private equity firm Tower Capital Asia.

11 July 2023

Company update/markets

Nordic Capital to sell Macrobond

Nordic Capital has agreed to sell Macrobond, a leading, global provider of software and macroeconomic and financial data, to Francisco Partners, a leading global investment firm that specialises in partnering with technology businesses.

10 July 2023

News/payments

FIS agrees sale of majority stake in Worldpay at $18.5bn valuation

FIS has agreed to sell 45% of its Worldpay Merchant Solutions business to private equity funds managed by GTCR in a transaction valuing the unit at $18.5 billion.

06 July 2023

News/retail

Turkish neobank Papara buys Spain's Rebellion

Turkish neobank Papara has acquired Spanish counterpart Rebellion, creating Europe's latest fintech unicorn.

05 July 2023

News/regulation

Corlytics acquires Clausematch

RegTech Corlytics has made its second acquisition of the year with the takeover of compliance mapping provider Clausematch.

05 July 2023

News/retail

BNP Paribas in talks to takeover Orange Bank

Telecommunications firm Orange has entered exclusive negotiations with BNP Paribas for the takeover of its retail banking business.

04 July 2023

News/payments

Fintechs engaged in bidding war for PayU

European payments firm PayU is reportedly the subject of a bidding war after its owner, Dutch investment company Prosus, decided to put it up for sale.

28 June 2023