Latest Mergers and acquisitions News: Finextra Research

Company update/crypto

Coinbase buys One River Digital Asset Management

With over $130 billion of quarterly institutional trading volume and over $50 billion of institutional assets on platform, Coinbase operates at the center of the institutional digital asset market.

03 March 2023

News/markets

Why did Euronext drop bid to acquire Allfunds?

Confusion reigns over Euronext's decision to pull out of a €5.5 billion bid for B2B wealthtech platform Allfunds.

02 March 2023

Company update/payments

Cashfree Payments acquires one-click checkout company, Zecpe

Cashfree Payments, India's leading payments and API banking company, announced its strategic acquisition of Zecpe, a one-click checkout company.

28 February 2023

Company update/markets

Quantexa acquires Aylien to enter text analytics market

Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, announced today that it has acquired Aylien, a Dublin-based leader in natural language processing (NLP) and advanced AI to empower its customers to collect, analyze, and understand unstructured text data.

28 February 2023

News/payments

Banco Sabadell to sell payments arm to Italy's Nexi

Spain's Banco Sabadell has sold an 80% stake in its payments unit Paycomet to Nexi for €280 million and inked a 10-year exclusive distribution deal with the Italian firm.

28 February 2023

Company update/retail

Noventiq closes acquisition of Saga Group

Noventiq (LSE: SFTL), the global digital transformation and cybersecurity solutions and services provider, announces today that the acquisition of the majority stake of Saga Group has been closed.

24 February 2023

Company update/sustainable

Doconomy buys engagement banking platform Dream Technology

Doconomy - the leading climate technology startup helping banks, brands, and consumers to better understand and reduce their environmental impact - has acquired Stockholm-based financial wellbeing fintech Dreams Technology.

23 February 2023

News/markets

Euronext makes €5.5bn indicative offer for Allfunds

Exchange operator Euronext has made an indicative offer to buy B2B wealthtech platform Allfunds for about €5.5 billion in cash and stock.

22 February 2023

News/retail

Tesco mulls sale of banking unit

UK supermarket chain Tesco is mulling the sale of its banking arm, Sky News reports.

20 February 2023

Company update/wholesale

Noventiq completes Seven Seas Technology acquisition

The transaction strengthens Noventiq’s presence in the Middle East and Africa, as part of its global expansion through M&A.

17 February 2023

News/payments

Zopa snaps up DivideBuy

Zopa has snapped up buy now, pay later outfit DivideBuy, it's first acquisition from a $75 million warchest raised earlier this year.

16 February 2023

Company update/markets

Quodd acquires Xignite

QUODD, a comprehensive market data-on-demand provider for the global financial services industry and a NewSpring Holdings platform company, has acquired Xignite, a leading global provider of financial market data APIs.

16 February 2023

Company update/payments

Cross Switch acquire 50% stake in Vantage Payment Systems

Vantage Payment Systems, Cross Switch and Equity Invest are pleased to announce that Cross Switch has acquired a 50% stake in Vantage Payment Systems.

16 February 2023

News/payments

Saudi fintech Hala acquires Paymennt.com

Saudi fintech Hala has acquired UAE payments startup Paymennt.com, an online payment processor for micro and small businesses.

16 February 2023

News/retail

Finastra explores sale of banking business - Reuters

Fintech giant Finastra could be ready to sell its universal banking business for up to $7 billion, according to Reuters, citing sources.

14 February 2023

Company update/crypto

Coinmetro acquires blockchain-enabled fundraising platform Ignium for €4 million

One of Europe’s fastest growing digital currency exchanges Coinmetro is today announcing the acquisition of Ignium.io, a platform that facilitates fundraising for small to medium-sized enterprises (SMEs) by leveraging social media and blockchain technology.

14 February 2023

News/retail

RBC buys real estate tech platform OJO Canada

Royal Bank of Canada has acquired the Canadian operations of AI-based real estate technology company OJO. Financial terms of the deal were not disclosed.

14 February 2023

News/retail

NatWest to buy majority stake in workplace pension and savings app Cushon

NatWest is to spend £144 million to aquire an 85% majority stake in workplace savings and pensions fintech Cushon.

13 February 2023

News/retail

Lunar raises €35 million despite tough economic conditions

Danish neobank, Lunar, has raised €35 million to invest in and develop the business in order to continue Nordic expansion and expedite its path to profitability.

09 February 2023

Company update/wholesale

Tide completes Funding Options acquisition with FCA approval

Tide, the leading digital business banking platform, has completed its purchase of Funding Options, a UK marketplace for business finance, following FCA approval. The proposed acquisition was announced in November 2022.

09 February 2023