Mergers and acquisitions

3229 articles tagged with this keyword

/markets

S&P-IHS Markit merger to be cleared if CMA concerns overcome

The CMA will clear S&P’s merger with IHS Markit if competition concerns in certain commodity price assessments are addressed.

/payments

Fiserv to acquire BentoBox

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced that it has signed a definitive agreement to acquire BentoBox, a digital marketing and commerce platform provider that delivers a frictionless diner experience dedicated to accelerating growth and helping restaurants seamlessly connect with their guests.

/markets

Options acquires Activ Financial

Options Technology, the leading provider of Capital Markets services, backed by Abry Partners, today announced it has agreed to acquire ACTIV Financial. The financial terms of the agreement were not disclosed.

/markets

ICE sells Euroclear stake for €709m

Intercontinental Exchange (ICE) has sold its 9.85% stake in clearing and settlement platform Euroclear to Silver Lake for €709 million.

/Sibos

Sibos 2021: How can banks take meaningful action on climate change?

With COP26 fast approaching, and the financial industry facing additional costs to comply with government actions on climate change, it needs to start asking itself some tough questions, namely: Are we acting responsibly for the future? Are we driving carbon neutrality in the businesses we finance? Are we acting as an enabler for investments to lower the cost and increase the deployment of low-carbon technologies?

/payments

SumUp enters US through acquisition of Fivestars

London-based mPOS vendor SumU has acquired Fivestars, a US local commerce network that combines a marketing platform with integrated payments, for $317 million in a mix of cash and stock.

/markets

FactSet acquires Cobalt Software

FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced that it has acquired Cobalt Software, Inc. (“Cobalt”), a leading portfolio monitoring solutions provider for the private capital industry.

/retail

Halo Investing raises $100 million

Halo Investing (“Halo”), an award-winning platform for protective investments, announced today that it has raised over US$ 100 million in Series C funding.

/payments

Billtrust acquires Belgium's iController for $58 million

Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments leader, announced today it has acquired iController, a leading B2B provider of intelligent solutions for collections management, for $58 million, financed with cash on hand.

/payments

Lunar buys Paylike and launches one-step e-commerce checkout

Denmark's Lunar has acquired payments gateway Paylike, enabling the digital challenger bank to offer business customers a one-stop checkout experience. Financial terms were not disclosed.

/people

SocGen to cut 3700 jobs in merger with Credit du Nord

Societe Generale is to create a new French retail bank through a merger with its unit Credit du Nord, leading to 3700 job losses between 2023 and 2025.

/retail

BSC and W.UP merge

Czech-based Banking Software Company (BSC) and Hungarian W.UP announced today that after receiving all regulatory approvals they have successfully completed their merger, forming Finshape.

/wholesale

Dock acquires Brazilian Banking-as-a-Service provider BPP

Dock, an innovator in financial technology infrastructure across Latin America, announced the acquisition of BPP, a payment institution regulated by the Central Bank of Brazil that specializes in Banking-as-a-Service (BaaS).

/crypto

R3 acquires stablecoin issuance platform Invo

Enterprise blockchain outfit R3 has acquired the technology and team of financial asset tokenization specialist Ivno, expanding its capabilities in the digital assets and currency space.

/retail

Proptech Goodlord buys tenant bill splitting platform acasa

UK proptech player Goodlord has acquired acasa, a fintech platform which allows tenants to manage household bills and split costs between housemates. Financial terms were not disclosed.

/wholesale

Hampshire Trust Bank to acquire Wesleyan Bank

Hampshire Trust Bank plc (HTB), the fast growing specialist lender, has agreed to acquire 100% of Wesleyan Bank Limited from Wesleyan Assurance Society, the financial services mutual, subject to regulatory approval.

/retail

NatWest acquires pocket money app RoosterMoney

NatWest has acquired RoosterMoney, provider of a pocket money and financial education app for kids.

/wealth

FE fundinfo acquires Zenith group

FE fundinfo, a global fund data and technology leader, has acquired Zenith Group (including Zenith Investment Partners and Chant West), a well-respected research, ratings, managed accounts and adviser technology provider in the APAC region.

/wholesale

Sopra buys Luminosity

Sopra Banking Software, a global leader in banking and specialised financing software, is delighted to announce that it has acquired Dublin-based Luminosity Ltd. It is a move that broadens the capabilities of its highly regarded Software Financing Platform (SFP) and provides a broader platform for Luminosity's highly regarded digital auditing and risk management software.

/payments

Mint acquires payment gateway IPG Group

Mint Payments (Mint) has announced the successful transformative acquisition of IPG Group, a leading full-service eCommerce payment gateway.