Mergers and acquisitions

3137 articles tagged with this keyword

/startups

Chime buys enterprise employee rewards platform Salt Labs

Digital banking giant Chime has acquired employee rewards startup Salt Labs. Financial terms of the deal were not disclosed.

/ai

Nubank buys Hyperplane to push AI-first strategy

Nubank is doubling down on its AI-first strategy with the acquisition of Silicon Valley-based data intelligence outfit Hyperplane for an undisclosed fee.

/wholesale

Funding Circle sells US business

Small business lender Funding Circle has reached an agreement with iBusiness Funding for the sale of its US operations in a £33 million all-cash deal.

/payments

Klarna sells Checkout business

Klarna is selling its online checkout business to a consortium of investors for around €485 million in order to remove the conflict of interest it created with partners such as Adyen and Stripe.

/retail

AmEx to buy restaurant reservation platform Tock

Squarespace (NYSE: SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced an agreement to sell Tock, the reservation, table, and event management technology provider, to American Express (NYSE: AXP) for $400 million.

/payments

SaveLend considers sale of billing platform Billecta

The Board of Directors of SaveLend Group AB ("SaveLend Group" or the "Company") has decided to conduct a review of various strategic options for the billing platform segment operated by its subsidiary Billecta AB ("Billecta") with the aim of maximizing SaveLend Group's future potential and optimizing shareholder value.

/payments

Corpay to buy GPS Capital Markets

Corpay, Inc. (NYSE: CPAY), a global corporate payments company, today announced that it has signed a definitive agreement to acquire GPS Capital Markets, LLC.

/wholesale

Ageras to acquire French fintech Shine from Societe Generale

Danish accounting software fintech Ageras has entered into an exclusive agreement with Societe Generale to acquire Shine, a provider of banking and accounting software for SMEs.

/security

Abacus Group acquires Tribeca

Abacus Group, a leading IT Managed Services Provider (“MSP”) to financial services firms globally, today announced it has acquired Tribeca Technology Group (Tribeca), a UK-based IT MSP also serving the financial services industry, to further strengthen its existing market presence and capabilities across the UK market.

/payments

Shift4 acquires majority stake in hospitality POS business Vectron

Shift4, the leader in integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG, one of the largest European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals.

/payments

Judge paves way to end JPMorgan-Viva Wallet valuation dispute

The legal tussle between JPMorgan and the founder of Viva Wallet over the Greek payments firm's valuation appears to have been settled by a UK judge.

/markets

Five Arrows completes Rimes acquisition

Rimes, a leading provider of EDMaaS (enterprise data management as-a-service) and investment platform solutions to the global investment community, today announced the completion of its acquisition by Five Arrows, the alternative assets arm of Rothschild & Co.

/crypto

Ripple closes Standard Custody acquisition

Earlier this year, Ripple announced its intent to acquire Standard Custody & Trust Company, an enterprise-grade regulated custodian for digital assets.

/crypto

Robinhood to buy crypto firm Bitstamp for $200m

Trading app Robinhood has agreed a $200 million cash deal to buy crypto exchange Bitstamp in an effort to expand outside of the US and accelerate its push into digital assets.

/payments

CSG acquires iCG Pay for $17 million

CSG (NASDAQ: CSGS) today announced it has acquired iCheckGateway.com, LLC (“iCG Pay”), a North American ACH and credit card payment processing company. Management expects this acquisition to be accretive to CSG’s 2024 profitability.

/retail

CMA investigates Virgin Money's merger with Nationwide

The UK's Competition and Markets Authority (CMA) has announced it is considering investigating Nationwide's merger with Virgin Money.

/retail

De La Rue in discussions with potential suitors

De La Rue plc ("De La Rue", the "Group" or the "Company") today gives a further update ahead of full year results for the financial year ended 30 March 2024 ("FY24").

/payments

Papara acquires Pakistan-based SadaPay

Papara's acquisition of SadaPay, marks a significant strategic expansion into the Middle East and South Asia markets, reinforcing its position as a key player in the global financial technology sector.

/wealth

Sipps provider Intelligent Money goes into administration

UK wealth management firm Intelligent Money has entered administration after agreeing a deal to sell off its business and assets to fellow provider Quai.

/payments

HPS acquires Dublin-based CR2

HPS has acquired long-established Irish digital banking and payments software company CR2.