Mergers and acquisitions

3226 articles tagged with this keyword

/crypto

SIX takes stake in crypto trading platform Omniex

Swiss exchange operator SIX is buying a stake in Omniex as part of a wider partnership with the digital asset trading platform. Financial terms of the deal were not disclosed.

/payments

RBC Ventures eases the pain for physicians with acquisition of Dr Bill

RBC Ventures has acquired Dr. Bill, a premium billing solution that simplifies and streamlines the billing and payment process for Canada’s medical community.

/startups

2020’s ‘fintech asset class’ is brimming with IPOs

With private markets continuing to show strong interest in fintech and many firms reaching maturity, Pawel Szaja, partner at Shearman and Sterling, predicts 2020 will deliver a surge of fintech IPOs.

/retail

Intuit confirms Credit Karma acquisition

Intuit (Nasdaq: INTU), proud maker of TurboTax, QuickBooks and Mint, today announced that it has agreed to acquire Credit Karma, the consumer technology platform with more than 100 million members in the U.S., Canada and U.K., for approximately $7.1 billion in cash and stock.

/Mergers and acquisitions

Envestnet/Yodlee acquires Indian data aggregation firm FinBit.io

Envestnet | Yodlee (NYSE: ENV), a leading financial data and analytics platform powering dynamic, cloud-based innovation for digital financial services has acquired FinBit.io an emerging financial data aggregation and analytics platform provider for the India and Asia market, powering over 60 B2B FinTech companies.

/Mergers and acquisitions

Small World Financial acquires French remittance outfit MoneyGlobe

UK money transfer firm Small World Financial Services has acquired MoneyGlobe, a French international payments company.

/payments

Santander buys Elavon México for global merchant acquiring push

Spanish banking giant Santander has struck a deal to buy merchant payments platform Elavon México for EUR79 million.

/Mergers and acquisitions

Intuit nears $7 billion take over of Credit Karma

Intuit is reported to be on the verge of buying credit scoring firm Credit Karma, furthering its interests in the personal financial management space.

/payments

Glantus acquires vendor credit recovery outfit JPD Financial

Glantus, a global provider of financial automation and data intelligence solutions, is today announcing that it has acquired JPD Financial, the industry leader in Vendor Credit Recovery ® services.

/Mergers and acquisitions

Knoema buys Adaptive Management

Knoema, the provider of an end-to-end data and knowledge management platform that is unrivaled in its ability to integrate, visualize, and autonomously discover data assets within enterprises, announced today that it has acquired Adaptive Management, an alternative data aggregator and solutions provider. Financial terms of the transaction are not being disclosed.

/wealth

Credit Suisse unit buys NorthPoint technology

Credit Suisse Asset Management's fintech growth equity unit has acquired the investment management software and services business NorthPoint Technology. Financial terms were not disclosed.

/retail

Morgan Stanley to buy E*Trade for $13bn

Morgan Stanley has agreed a deal to buy online discount brokerage E*Trade Financial in an all-stock deal worth around $13 billion.

/Mergers and acquisitions

Ally agrees $2.65bn CardWorks acquisition

Ally Financial has struck a $2.65 billion deal to buy CardWorks, enabling it to enter the credit card and merchant acquiring sectors.

/Mergers and acquisitions

MUFG to invest $700 million in Grab

MUFG Bank is to invest $700 million in Singapore ride-hailing giant Grab, according to the Nikkei.

/Mergers and acquisitions

Online credit marketplace LendingClub acquires Radius Bank

P2P pioneer LendingClub is to become the first US fintech to acquire a bank, agreeing a $185 million deal for online-only Radius Bank.

/crypto

BitGo buys digital securities platform Harbor

Crypto custody specialist BitGo is diversifying through the acquisition of digital securities platform Harbor. Financial terms were not disclosed.

/Mergers and acquisitions

Klarna acquires Italian buy now, pay later firm Moneymour

Klarna has acquired the Italian buy now, pay later startup Moneymour and established a new product development hub in MIlan.

/crypto

Circle sells crypto investing app to Voyager

Circle Internet Finance has struck a deal to sell its crypto investing app business to Voyager Digital Canada for a four per cent stake in the firm.

/ai

Square acquires Toronto-based machine learning company Dessa

We’ve acquired Dessa, a Toronto-based company building machine learning applications that address significant real-world challenges for all types of businesses.

/wealth

AnaCap to acquire Wealthtime

AnaCap Financial Partners (“AnaCap”), a leading specialist European financial services private equity firm, today announces an agreement to acquire a leading wealthtech platform, Wealthtime (“the Company”), as the initial investment in a sector growth and consolidation strategy.