Mergers and acquisitions

3229 articles tagged with this keyword

/payments

NerdWallet acquires Fundera

NerdWallet, a website and app that provides financial guidance to more than 160 million consumers every year, has acquired Fundera, the go-to financial resource for the 28 million small and medium-sized businesses (SMBs) operating in the United States.

/devops

Société Générale CIO: how BaaS is future-proofing banking business models

Claire Calmejane, chief innovation officer of Société Générale, tells Finextra Research that Banking-as-a-Service platforms are playing for both sides of the field with both greenfield and incumbent banks future-proofing their businesses against the evolving face of financial services.

/cloud

Wipro to acquire Finastra partner Encore Theme

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has signed a definitive agreement to acquire Encore Theme Technologies Private Limited (Encore Theme), a specialist in providing SaaS and Cloud solutions in financial services.

/payments

AnaCap to acquire payment processing arm of Carrefour Group

Private equity fund AnaCap has entered into exclusive negotiations for the purchase of a majority stake in Market Pay, the omnichannel payments arm of french supermarket chain Carrefour, in a deal valued at close to €300 million.

/payments

Alliance Data to buy BNPL player Bread

Marketing, loyalty and payments specialist Alliance Data has agreed a $450 million stock and cash acquisition of buy now, pay later firm Bread.

/Mergers and acquisitions

Carlyle Group to acquire majority stake in Calastone

Calastone, the largest global funds network, is pleased to announce that global investment firm The Carlyle Group (NASDAQ: CG) has today reached an agreement to acquire a majority stake in the business from its current shareholders, including Octopus Ventures and Accel.

/crypto

Medici takes controlling stake in Caribbean blockchain outfit Bitt

Medici Ventures, the blockchain investment arm of American Internet retailer Overstock, has paid $8 million for a controlling interest in Barbados-based Bitt.

/payments

Visa to acquire YellowPepper for LatAm push

Visa is to acquire payments technology firm YellowPepper in an effort to extend its influence across the region and the Caribbean.

/Mergers and acquisitions

Paramount completes acquisition of First Regents Banc Services

Paramount Management Group today announced it has acquired First Regents Banc Services and Equipment, an independent ATM deployer based in Franklin, TN.

/markets

Synechron acquires Citihub Digital

Synechron Inc., a leading Digital Transformation consulting firm for the financial services industry, today announced the acquisition of Citihub Digital, a London and New York based technology consulting firm for the financial services industry.

/payments

Wirecard North America offloaded to Syncapay

The break up of the scandal-ridden Wirecard empire continues, with the sale of its North American business to Syncapay.

/payments

Nets Group acquires Swiss terminal supplier CCV Schweiz

Nordic payments processor Nets is moving into the Swiss point-of-sale terminal market with the acquisition of CCV Schweiz.

/retail

Deutsche Bank in talks to sell Postbank IT unit

Deutsche bank is reportedly in talks with Tats Consultancy Services over the sale of its Postbank IT systems unit and the transfer of 1400 staff to the Indian conglomerate.

/retail

Finastra buys POS mortgage application software provider Doorr

Finastra, via its Canadian mortgage business Filogix, has acquired Doorr, a provider of cloud-based point-of-sale mortgage application software used by brokers to improve the mortgage experience.

/payments

Versapay and Solupay merge

Versapay Corporation, the leader in Customer-Centric Order-to-Cash solutions, today announced that it has completed a merger with leading payment services provider Solupay, which will further strengthen its AR automation and integrated B2B payments offerings.

/Mergers and acquisitions

R3 acquires e-title’s electronic Bill of Lading platform

R3 announced today an agreement with E-Title Authority, a Singapore-based software developer, to acquire its legal and technological framework for digitalization of Bill of Lading, the central title document underpinning trade operations globally.

/sustainable

FactSet agrees to buy ESG data firm TruValue

Financial analytics vendor FactSet has agreed to buy AI-driven environmental, social, and governance (ESG) data outfit Truvalue Labs. Financial terms of the deal were not disclosed.

/payments

Billtrust to go public

B2B order-to-cash outfit Billtrust is set to go public via a deal with a special purpose acquisition company (Spac).

/regulation

Thoma Bravo agrees AxiomSL acquisition

Private equity firm Thoma Bravo has agreed to buy a controlling stake in cloud-enabled risk management and regulatory reporting technology outfit AxiomSL. Financial terms were not disclosed.

/Mergers and acquisitions

CapitalBox acquires Dutch SME lender Spotcap

CapitalBox, the leading online pan-European SME funding platform, today announces the acquisition of the Netherlands division of fintech company Spotcap Global as part of its own ongoing European expansion.