Mergers and acquisitions

3229 articles tagged with this keyword

/startups

Honye to launch Zoyo-branded trading app

Honye Financial Services Ltd (LSE:HOYE) said it has agreed a deal so that once its reverse takeover of Zoyo Capital is completed, it will launch a Zoyo-branded trading and investment app.

/sustainable

UOB pilots sustainable deposits solution with GIC

Today United Overseas Bank (UOB) launched a Green and Sustainable Deposits solution for its corporate and institutional clients, the first such product in Singapore offered by a local bank. The solution was piloted with GIC.

/payments

NBX and Enfuce team up to launch cashback payment cards

Through Enfuce’s turnkey service, NBX can offer credit and debit cards with loyalty-boosting crypto rewards.

/cloud

WiseTech Global acquires Bolero.net

WiseTech Global, developer of leading cloud-based logistics execution software CargoWise, has announced the acquisition of Bolero.net Limited (Bolero) and its subsidiaries, a leading provider of electronic Bills of Lading (eBL) and digital documentation capabilities to facilitate global trade.

/markets

Griffin closes $15.5 million funding round led by Notion Capital

Today, Griffin – a Banking as a Service (BaaS) fintech firm – announces it has raised $15.5 million (£12.5 million) in funding to launch the OS for embedded finance. The round was led by Notion Capital, with participation from existing investor EQT Ventures as well as fintech angels including William Hockey, co-founder of Plaid and founder and co-CEO of Column, Nilan Peiris, VP of Growth at Wise, Rob Straathof, CEO at Liberis and Shane Happach, CEO of Mollie and ex CCO Worldpay.

/devops

Zurich picks Mendix low-code to roll out next-gen solutions

International insurance company, Zurich, has partnered with low-code platform Mendix to roll-out a Terrorism Data Capture solution for automated coverage, among other updates.

/devops

Worldline teams up with manager.one to optimise business cardholder experience

Worldline [Euronext: WLN], a global leader in payment services, and fintech manager.one, winner of this year Worldline’s E-Payments Challenge, signed a partnership to smartly manage expense policies on corporate cards. The partnership will combine Worldline’s pan-European Card Issuing Processing platform and manager.one expertise into business expense management.

/markets

Sonovate lands £165million deal with BNP Paribas and M&G Investments

UK fintech Sonovate has unveiled a substantial securitisation deal with BNP Paribas and M&G Investments, adding £165 million to its funding.

/payments

Revolut and Stripe team up to expand into global markets

Revolut will tap into Stripe’s international reach to ramp up its expansion into new international markets, including Brazil and Mexico.

/startups

OpenFin secures investment from ING Ventures

ING Ventures, the venture capital branch of ING bank, has invested “around $10 million” in the operating system (OS) of enterprise productivity, OpenFin.

/markets

AnaCap backs Spanish fintech pfs

AnaCap Financial Partners (“AnaCap”), a leading specialist mid-market private equity investor in Financials, Technology and related Business Services, today announces an investment in pfs, a provider of software and technological risk lifecycle management solutions.

/people

Sure Valley Ventures arrives in Northern England

Sure Valley Ventures, the founder-led Venture Capital firm that invests in high growth software companies in sectors such as Immersive Technologies, Web3, the Metaverse, Artificial Intelligence, IoT, InfoSec and Cybersecurity, is pleased to announce that it has established a presence in the North of England with the appointments of Mel Ellyard and George Mensah who are based in Leeds and Manchester respectively. Sure Valley Ventures is securing offices in each location which are due to open in the coming months.

/payments

Virgin Money cites partnership with Flexys for BBLS success

Online banking platform Virgin Money lauds the technology provided by fintech partner Flexys, for their delivery of the UK government’s Bounce Back Loan Scheme (BBLS) Pay As You Grow (PAYG) repayment options.

/retail

Tide launches pre-paid cards for Indian SMEs

UK business financial platform Tide has partnered with Transcorp International Limited to issue prepaid cards targeted at SMEs across India.

/retail

Jungle Ventures leads $10m series A in trading platform MarketWolf

Fintech stock trading platform MarketWolf announced a $10M Series A fundraise led by Jungle Ventures and Dream Capital. Existing investors and others including 9Unicorns, iSeed, Crescent and Riverwalk, also participated in the round. This brings the total capital raised by the company to $17.4M since inception. MarketWolf intends to use this fresh round of funding for building out its product suite and to hire top talent across product, marketing and engineering functions.

/retail

Worldline completes deal for 80% stake in Eurobank Merchant Acquiring

Payment processor Worldline has completed a €256 million deal to acquire an 80% stake in Eurobank’s Merchant Acquiring business in Greece, as a joint venture.

/crypto

CoinShares acquires Napoleon Asset Management

CoinShares International Limited (Nasdaq First North Growth Market: CS; US OTCQX: CNSRF) (“CoinShares”), Europe's largest and longest standing digital asset investment firm is pleased to announce that, following receipt of approval from the Autorité des Marchés Financiers (AMF), it has acquired Napoleon Asset Management, one of the first ever digital asset managers, licensed under the AIFM Directive since March 2019. The transaction signed and completed on 30 June 2022.

/payments

G+D to buy Valid's US payments and ID business

Germany's Giesecke+Devrient (G+D) has agreed to buy the US payments and identity assets of Brazilian outfit Valid. Terms of the deal were not disclosed.

/retail

Banco Sabadell sells Nomo stake 18 months after last investment

Finnish accounting outfit Talenom has announced its acquisition of Nomo from Innocells, the corporate venture arm and digital innovation hub of Banco Sabadell.

/retail

Minna unveils partnership with financial health app Steven

Minna Technologies announces partnership with Steven, the financial health app touted as the ‘best way to keep track of shared expenses’ and the ‘best app for settling debts amongst friends and family, by simplifying debts and reminding yourself and friends when to pay back’.