Mergers and acquisitions

3229 articles tagged with this keyword

/payments

AnaCap to acquire Nexi's digital invoice distribution and bill payment business EDIGard

AnaCap Financial Partners (“AnaCap”), a leading specialist mid-market private equity investor in technology enabled companies across financial and related business services, today announces that it has signed an agreement with Nets, part of Nexi Group, for the acquisition of its pan-Nordic digital invoice distribution platform and bill payment solutions business EDIGard AS (“EDIGard”).

/retail

Starling to acquire Masthaven mortgage book

Starling Bank is on the verge of acquiring a £500 million mortgage book from specialist lender Masthaven.

/markets

Nexi sells capital markets business to Euronext for €57 million

Euronext is to acquire the technology business supporting its fixed income platform, MTS, from Nexi for €57 million.

/payments

EFT rebrands Zamlink to E-Switch following shareholder exit

Zamlink, a leading provider of electronic transaction management solutions is rebranding to E-Switch, following its takeover by EFT Corporation.

/crypto

Circle agrees to buy crypto infrastructure platform CYBAVO

Today Circle Internet Financial Limited signed a definitive agreement to acquire Taiwan-based CYBAVO, a breakthrough crypto technology company that provides platforms for digital asset custody and blockchain application development.

/payments

Fleetcor to buy Global Reach Group

Fleetcor Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced it has signed a definitive agreement to acquire the Global Reach Group, a UK-based cross-border payments provider.

/payments

Razer Fintech to acquire Indonesian e-money platform

Razer Fintech, the financial technology arm of Razer, the leading global lifestyle brand for gamers, today announced the acquisition of PT E2Pay Global Utama (“E2Pay”), one of the leading B2B2C digital payment facilitators and e-money players in Indonesia.

/retail

Eltropy buys video banking firm POPi/o.

Renowned by Credit Unions for its Digital Communications capabilities, Eltropy today announced the acquisition of Video Banking leader POPi/o.

/cloud

ACI to sell corporate banking tech to PE firm

ACI Worldwide has agreed to sell its corporate online banking technology to private equity firm One Equity Partners. Financial terms were not disclosed.

/identity

Ebury advances marketplace ambitions with stake in LoopingOne

Ebury, the Banco Santander-backed provider of corporate banking services to SMEs that trade internationally, has bought a stake in LoopingOne, a KYC and payments startup for marketplaces and platforms.

/payments

MFS Africa acquires US-based Global Technology Partners

In a rare acquisition of a US tech company by an African tech company, MFS Africa, Africa’s largest digital payments network, today announces that it has reached an agreement to buy Global Technology Partners (GTP).

/payments

Ximedes acquires payment platform Ginger

imedes, a European software firm active in the field of fin- and faretech with offices across the continent (Haarlem, Hamburg, Stockholm and Novi Sad) announces its acquisition of Ginger, the leading Amsterdam-based payment platform provider.

/wealth

Abrdn scraps deal to acquire Exo Investing; invests in parent company Nucoro

Investment manager Abrdn has pulled out of a deal to acquire the digital wealth management arm of fintech Nucoro and has instead agreed to an undisclosed investment in the wealthtech.

/payments

Nexi confirms acquisition of BPER merchant payments business

Nexi S.p.A. (“Nexi”) informs that today entered into a long‐term strategic partnership with BPER Banca S.p.A. (“BPER Banca”) and Banco di Sardegna S.p.A. (“Banco di Sardegna”) by transferring BPER and Banco di Sardegna’s merchant acquiring and POS management businesses to Nexi Payments S.p.A.

/wholesale

October acquires rival lender Credit.fr

October, the leading lending platform in continental Europe, acquires its competitor Credit.fr, the second largest lending platform for French SMEs and a wholly-owned subsidiary of Tikehau Capital since 2017.

/payments

Trustly acquires UK open banking vendor Ecospend

Swedish account-to-account payments platform Trustly has acquired UK open banking vendor Ecospend.

/payments

Uzbek fintech company Humans buys the UPay payment service

Humans (AO Humans Companies, Uzbekistan) announced that it had acquired a 100% stake in the authorized capital of Maroqand LLC, Uzbekistan (trademark UPay) and became its sole founding shareholder.

/retail

ZoodPay acquires Tez in the first-ever fintech M&A deal in Pakistan

ZoodPay, the leading digital lending platform for e-commerce in the Middle East and Central Asia, has entered Pakistan by fully acquiring Karachi headquartered Tez Financial Services (Tez).

/wealth

ICapital to acquire Simon Markets

iCapital, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, and SIMON Markets, the award-winning fintech company offering a digital platform designed to help financial advisors understand and manage structured investments, annuities, and other risk-managed products, today announced they have entered into a definitive agreement under which iCapital will acquire SIMON.

/wholesale

Paddle acquires subscription management firm ProfitWell

Paddle, the UK provider of payments infrastructure for SaaS companies, has acquired Boston-based subscription financial reporting company ProfitWell for $200 million.