Mergers and acquisitions

3229 articles tagged with this keyword

/retail

Tandem Bank acquires consumer lender Oplo

Tandem Bank has acquired consumer lender Oplo, creating a combined business with £1.2 billion of total assets, £1 billion of funding and 171,000 customers serviced by a UK-based team of 500 people.

/wealth

United Fintech adds Athena to portfolio

United Fintech, an outfit dedicated to hoovering up a stable of capital markets fintechs, has bought a 25% stake in Athena Systems, a US provider of investment decision support and automation software.

/retail

NCino completes acquisition of SimpleNexus

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that it has completed its acquisition of SimpleNexus, a leading cloud-based, mobile-first homeownership software company, for total consideration of approximately 12.76 million shares of nCino common stock plus cash consideration of approximately $270 million, on a cash-free, debt-free basis and excluding transaction expenses.

/markets

Apex Fintech Solutions acquires PDQ Enterprises, parent company of Coda Markets

Apex Fintech Solutions (Apex), the “fintech for fintechs” powering innovation and the future of digital wealth management, announced today that it has acquired PDQ Enterprises (PDQ), the parent company of CODA Markets, Inc. (CODA), operator of an innovative auction-based alternative trading system (“ATS”) and smart order router that aims to optimize liquidity aggregation for all market participants.

/sustainable

S&P Global acquires The Climate Service

S&P Global (NYSE: SPGI) and The Climate Service, Inc. announced today that S&P Global has acquired The Climate Service.

/markets

BNP Paribas swallows up Deutsche Bank's global prime finance and electronic equities business

BNP Paribas and Deutsche Bank announce that the transfer of clients, technology and key staff from Deutsche Bank’s Global Prime Finance and Electronic Equities businesses to BNP Paribas has been successfully completed by the end of 2021, in line with the targeted timeline.

/markets

Delta Capita acquires JDX Consulting

Delta Capita continues to strengthen its capability and accelerate growth with the acquisition of JDX Consulting.

/payments

Lloyds to invest in loyalty app Bink

Lloyds Banking Group is to follow Barclays in becoming a shareholder in Bink, a loyalty app launched in 2015, Sky News understands.

/payments

Worldline completes acquisition of majority stake in Italy's Axepta

Effective January 4, Worldline has taken over 80% of Axepta Italy, the merchant acquiring entity of BNL in Italy.

/retail

Tink completes acquisition of FinTecSystems

European open banking platform Tink has completed the acquisition of leading German open banking infrastructure fintech, FinTecSystems, following regulatory approval. FinTecSystems is thereby becoming part of Tink.

/markets

SS&C takes stake in Equiniti and AST

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a strategic investment in a newly incorporated company formed by the combination of Equiniti and American Stock Transfer & Trust Company ("AST"), recently acquired by affiliates of Siris Capital Group, LLC (together with its affiliates, "Siris").

/wealth

Acorns co-founder raises $20m for micro-investing apps

Acorns co-founder Walter Cruttenden has raised $20 million in Series A funding for his latest venture, Ant Money, and merged it with another of his fintech firms, Blast.

/wealth

FNZ sells GBST to Anchorage Capital Partners

FNZ, a leading global wealth management platform, has completed the sale of financial technology provider GBST to Anchorage Capital Partners, a leading global private equity fund with extensive financial services and systems experience.

/retail

Mastercard buys personalisation platform McDonald's

Mastercard has agreed to buy personalisation platform and decision engine company Dynamic Yield from McDonald's. Financial terms were not disclosed.

/payments

AustriaCard, Tag Systems and Nitecrest merge

AUSTRIACARD, TAG SYSTEMS and NITECREST to deliver the next generation of payment cards and services globally.

/payments

Visa completes acquisition of Currencycloud

First announcing the deal in July 2021, Visa has completed its acquisition of Currencycloud - a global platform enabling banks and fintechs to provide foreign exchange solutions for cross-border payments.

/payments

ThinkSmart to sell Clearpay stake to Afterpay

ThinkSmart Limited (AIM: TSL), a specialist digital payments platform business, today announces that it has agreed terms with Afterpay for ThinkSmart’s subsidiary, ThinkSmart Europe, to sell its 10% holding in Clearpay in exchange for 1,650,000 shares in Afterpay, subject to the approval of ThinkSmart shareholders.

/wealth

Pascal WealthTech buys Living Wealth Media

Pascal WealthTech announced today that it has acquired Living Wealth Media Inc., a digital relationship marketing platform built and designed for wealth advisors, in an all-stock transaction.

/sustainable

Stripe commits further $6 million to carbon removal efforts

SAN FRANCISCO—Today, Stripe is making $6 million in carbon removal purchases from four new companies. These purchases, evaluated by 13 climate science experts, cover a wide range of technologies: permanent geologic storage, ocean alkalinity enhancement, enhanced weathering, and direct air capture. This marks the third round of Stripe Climate carbon removal commitments in a year and a half.

/markets

OFX acquires Firma Foreign Exchange Corporation

OFX Group Limited (OFX) today announces that it has entered into an agreement to acquire 100% of Firma Foreign Exchange Corporation (Firma) for a total consideration of C$90m (A$98m).