Mergers and acquisitions

3229 articles tagged with this keyword

/payments

Societe Generale to acquire payments fintech PayXpert

As a recognised and long-standing player in all aspects of merchant services and card payments’ processing in France, Societe Generale provides both online and in-store payment solutions.

/payments

Worldline to acquire 40% stake in Online Payment Platform

Worldline is to acquire a 40% stake in Online Payment Platform, a Dutch PSP serving marketplaces and e-commerce platforms.

/retail

HSBC teams with Oracle NetSuite for embedded banking services

HSBC has integrated embedded banking services into NetSuite Accounts Payable Automation, a cloud enterprise resource planning (ERP) platform.

/payments

Billtrust set for $1.7bn acquisition by EQT

B2B order-to-cash outfit Billtrust has agreed to be acquired by EQT Private Equity in an all-cash deal valuing its equity at nearly $1.7 billion.

/markets

Deutsche Börse and Chile’s Santiago Exchange enter market data partnership

Deutsche Börse and Chile’s Santiago Exchange have entered a market data partnership under which Deutsche Börse will provide access to the full range of market data products of Latin America’s third-largest exchange. In its role as licensor, Deutsche Börse will offer real-time and delayed data. The corresponding information product includes both the Santiago Exchange Indices and the Santiago Exchange Spot Market.

/payments

Satispay hits unicorn status with €320m series D round

Satispay— an innovative payment super network —announces a €320 million Series D investment round, led by Addition, taking its valuation to more than €1 billion. Greyhound Capital, shareholder since 2018, will follow and increase its stake in the company. Other participating investors include Coatue, Lightrock, Block Inc., Tencent and Mediolanum Gestione Fondi SGR, who all joined in 2021.

/crypto

FTX wins $1.4bn auction for Voyager Digital assets

FTX has won the auction for the assets of bankrupt crypto lender Voyager Digital with a bid worth just over 1.42 billion.

/wholesale

Recurly to acquire LeapRev

Recurly, Inc., a leading subscription management and billing platform for high-growth brands, has announced an agreement to acquire LeapRev, a global revenue recognition and forecasting solution.

/payments

PNC buys POS outfit Linga

The PNC Financial Services Group, Inc. ( NYSE: PNC) today announced it has acquired Linga, a point of sale (POS) and payments solutions firm providing an industry-leading, cloud-based restaurant operating system.

/crypto

Canadian crypto exchange Coinsquare to buy rival CoinSmart

Canadian crypto exchange Coinsquare is set to buy rival CoinSmart Financial in a deal worth around C$29 million in cash and shares.

/security

Allurity snaps up Aiuken Cybersecurity

Allurity has acquired Spanish multinational Aiuken Cybersecurity, as an important step in its journey to becoming Europe's leading cybersecurity provider. Aiuken brings an entire SOC platform spanning three continents, as well as its Cloud Security and SOC-as-a-Service platforms.

/crypto

Web3 Investco AG to buy digital asset marketplace Blocktrade

Web3 Investco AG, a private equity firm based in the Crypto Valley of Zug, Switzerland, focused on investments in targeted segments of the blockchain technology, payment services and software industries, today announced the signing of a definitive agreement to buy 100 percent of the voting shares of Blocktrade SA, a company limited by shares with its registered office in Luxembourg.

/sustainable

ACA Group buys Ethos ESG

Governance, risk and compliance advisor ACA Group has acquired Ethos ESG, a provider of ESG ratings data and software for financial advisors, asset managers, institutions, and investors. Financial details were not disclosed.

/markets

Fitch Group acquires dv01

Fitch Group, a global leader in financial information services, today announced an agreement to acquire a majority stake in dv01, a data and analytics provider to the structured finance market.

/payments

Banc of California acquires Deepstack Technologies

Banc of California, Inc. (NYSE: BANC) (the “Company”), the parent holding company of Banc of California, N.A. (the “Bank”), today announced that the Bank has acquired the payments platform and technology of Global Payroll Gateway, Inc. and its wholly-owned subsidiary, Deepstack Technologies, LLC (collectively, “Deepstack”) for $24 million in cash and stock.

/devops

JP Morgan teams up with Cleareye.ai for digitising trade finance solution

JP Morgan has announced their partnership with Cleareye.ai to bring ClearTrade, a trade financing digitising solution, to banks. The platform will be integrated into JP Morgan’s Trade Processing System that has rolled out in the APAC region and will be launched globally in the coming months.

/payments

Capita offloads Pay360 in £150 million deal

Capita plc (‘Capita’) today announces that it has agreed to sell Pay360 Limited (‘Pay360’) to Access PaySuite, a division of The Access Group (‘Access’) in a deal that values Pay360 at £150m on a cash-free, debt-free basis, representing a 14.3x multiple on 2021 EBITDA of £10.5m.

/Mergers and acquisitions

WeLab and Astra complete acquisition of Bank Jasa Jakarta

WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia's largest public companies.

/regulation

EC competition concerns sees Pivo pull out of merger with Vipps and MobilePay

Finish mobile payments app Pivo has been removed from a planned three-way merger with MobilePay and Vipps after the European Commission raised concerns about the deal.

/payments

PayU acquires Colombian e-payments firm Ding

PayU, the payments and fintech business of Prosus, received the endorsement of Colombian regulatory authorities to acquire Tecnipagos S.A., operating as Ding, a company specializing in electronic payments and deposits.