Mergers and acquisitions

3229 articles tagged with this keyword

/crypto

G+D invests in CBDC simulation firm FNA

Giesecke+Devrient (G+D), a global security technology group headquartered in Munich, has invested through its Corporate Venture Capital arm, G+D Ventures, in UK-based FNA (Financial Network Analytics), a deep technology firm specialising in advanced network analytics and simulations.

/markets

SIX buys ETF data specialist Ultumus

Swiss exchange operator SIX has acquired international index and ETF data specialist Ultumus from investment firm ETFS Capital. Financial terms were not disclosed.

/retail

Better buys UK online mortgage broker Trussle

Better HoldCo, a digital platform that helps Americans buy homes, has acquired UK online mortgage broker Trussle Lab. Financial terms were not disclosed.

/markets

Jordan & Jordan finalises strategic review following asset disposals

Jordan & Jordan (“J&J”), a leading veteran-owned FinTech company, announces the successful closing of two transactions to Broadridge and TRG, enabling the company to focus on its core businesses and to reinvest in developing opportunities in software and solutions.

/retail

ING to transfer retail banking operations, staff and customers in Austria to bank99

ING announced today it has reached an agreement to transfer ING’s Retail Banking operations in Austria to bank99, the bank of Österreichische Post, the Austrian postal services.

/Mergers and acquisitions

Bambu acquires investment management technology provider Tradesocio

Bambu is pleased to announce the acquisition of Tradesocio, a WealthTech company with 65 employees, specialising in investment management and trading technologies with offices in Singapore, India, and Dubai.

/payments

Klarna acquires social shopping outfit Hero

Klarna has acquired 'social shopping' startup Hero, bringing instore retailer expertise to the online shopping experience.

/people

Nomu Pay closes acquisition of Wirecard Apac assets; appoints CEO

Nomu Pay, a Finch Capital funded company, today completed two transactions to acquire Wirecard Payment Solutions Malaysia and Wirecard Payment Solutions Hong Kong, and announced the appointment of Peter Burridge as Group Chief Executive Officer, to be based in Singapore.

/payments

P27 Nordic Payments secures merger approval from EU Commission

The European Commission today announced merger approval for the P27 Nordic Payments initiative to establish its pan-Nordic payments platform. This approval marks a significant milestone for the initiative which is working toward the creation of a common payments infrastructure across the Nordic region.

/payments

Nium agrees to buy Wirecard Forex India

Nium, a leading global payments platform, today announced it has signed a definitive agreement to acquire Wirecard Forex India Pte. Ltd – a foreign currency exchange, pre-paid card, and remittance service provider in India.

/wholesale

BNY Mellon to buy Milestone

The Bank of New York Mellon Corporation (“BNY Mellon”) today announced it has entered into a definitive agreement to acquire Milestone Group (“Milestone”), a leading provider of fund management technology.

/startups

Dutch challenger bunq hits €1.6bn valuation on first outside investment

Bunq has hit a €1.6 billion valuation on a €193 million Series A funding round that also sees the Dutch digital bank buy Irish lending firm Capitalflow Group.

/crypto

Circle plans $4.5bn listing

Global fintech firm Circle has announced plans to go public via a special purpose acquisition company (SPAC) deal that values the company at $4.5bn.

/identity

Signicat buys Spanish Electronic IDentification (eID)

Signicat, the Trusted Digital Identity™ company, has acquired Spanish Electronic IDentification (eID), a digital identity pioneer and world leading provider of asynchronous video identification services.

/payments

Cirralto to buy Invigo

Today Cirralto Limited (ASX: CRO, “Cirralto”) signed a binding share sale agreement to acquire Sydney-based fintech, Invigo Pty Ltd. with an expected completion date of 12 July 2021, subject to satisfaction of conditions precedent under the SSA.

/cloud

Broadridge buys compliance and surveillance assets from Jordan & Jordan

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced that it is further enhancing its regulatory compliance capabilities for broker-dealers with the acquisition of the cloud-based Execution Compliance and Surveillance Service (ECS) assets from Jordan & Jordan.

/payments

Rapyd to acquire Iceland's Valitor for $100 million

Payments-as-a-service platform Rapyd has agreed a deal to acquire Icelandic payments company Valitor from Arion Bank for $100 million

/payments

Wordline splashes €180m for majority stake in BNL merchant acquiring arm

Worldline has signed a binding agreement for the acquisition of 80% of Axepta Italy, the merchant acquiring arm of BNL banking group.

/identity

IDnow and Ariadnext to merge

IDnow, a German-based leader in identity verification-as-a-service solutions, today announced that it has agreed to acquire ARIADNEXT, a French company specializing in remote identity verification and digital identity creation.

/payments

Nordic mobile wallets Vipps, MobilePay and Pivo to merge

Nordic mobile wallets MobilePay, Pivo and Vipps are joining forces to create a single payments app with a combined user base of 11 million consumers across Finland, Denmark and Norway.