Mergers and acquisitions

3347 articles tagged with this keyword

/payments

Railsbank bids for Wirecard UK

Railsbank has confirmed its intent to acquire the UK arm of disgraced Germany payments processor Wirecard.

/payments

ANZ to sell offsite ATM network to Armaguard

ANZ today confirmed it had signed an agreement for the sale of 1300 of its offsite Australian ATMs to Armaguard Group.

/payments

EU approves Mastercard takeover of Nets' units, subject to concessions

The European Commission has approved the €2.85 billion take-over by Mastercard of key business units of Nets, subject to the transfer of a licence for the Nordic payment processor's account-to-account core infrastructure services to a rival brand.

/payments

FXPress Payment Services acquires Avila House

FXPress Payment Services Limited (FXPress), the fintech payment services company, is pleased to announce that it has entered an agreement to acquire Avila House Limited (“Avila House”), a licensed Small Electronic Money Institution (“small EMI”), subject to receiving appropriate regulatory approvals.

/retail

AmEx agrees Kabbage acquisition

American Express has struck a deal to acquire the team and technology of online small business lender Kabbage. Financial terms were not disclosed.

/payments

Fortis Payment Systems and Bluedog merge

ortis Payment Systems, LLC (FortisPay) and Blue Dog Business Services, LLC (BLUEDOG), leading providers of payments technology and merchant services, announced today the merger of the two companies creating a North American integrated commerce leader.

/retail

AmEx eyes $850m Kabbage acquisition - Bloomberg

American Express is in talks to buy online small business lender Kabbage for up to $850 million in cash, including retention payments, according to Bloomberg.

/payments

Payment Alliance International acquires Cash-N-Go ATM portfolio

Payment Alliance International, Inc. (PAI), the U.S. leader in ATM portfolio management tools and services, announced today that it has acquired the Cash-N-Go ATM portfolio of Cash N Go ATM Network Inc., a subsidiary of Perativ Inc.

/markets

ION offers to sell Broadway fixed income biz to clear competition concerns

ION Group has agreed to offload Broadway Technology's fixed income business in order to appease the UK's competition watchdog and secure the acquisition of the rest of the company.

/retail

Customers Bank sells BankMobile unit

Customers Bank has agreed to sell its BankMobile Technologies unit to investment vehicle Megalith Financial Acquisition in a transaction that reflects an enterprise value of $140 million.

/retail

ICE to buy mortgage software firm Ellie Mae

Intercontinental Exchange has agreed to buy Ellie Mae from Thoma Bravo in a deal that values the mortgage finance software outfit at around $11 billion.

/payments

London fintech incubator Quantum Group acquires Tail rewards app

Mayfair-based fintech incubator Quantum Group has acquired the popular mobile cashback App Tail.

/regulation

UK competition watchdog moves in to block FNZ/GBST merger

The UK's Competition and Markets Authority has provisionally blocked FNZ's proposed takeover of rival retail investment platform GBST, concluding that it could lead to higher costs and lower quality services for Brits.

/payments

Paya acquired by Fintech III

Paya, a leading integrated payments and commerce solution provider, and FinTech Acquisition Corp. III (NASDAQ: FTAC) (“FinTech III”), a special purpose acquisition company, announced today that they have entered into a definitive merger agreement.

/markets

Euronext completes the acquisition of VP Securities

Euronext, the leading pan-European market infrastructure, announces today that it has completed the settlement of shares under its offer launched on 23 April 2020 to acquire 100% of VP Securities, the Danish Central Securities Depository.

/retail

Metro Bank acquires P2P lender RateSetter

Metro Bank is to buy distressed P2P lender RateSetter for a bargain basement initial price of £2.5 million.

/markets

LSE mulls Milan exchange sale to ease Refinitiv deal

London Stock Exchange (LSE) is reportedly considering the sale of its Borsa Italiana business in order to appease EU regulators and help ease its proposed takeover of data provider Refinitiv.

/startups

ZenBusiness buys Joust

ZenBusiness, the leading platform for micro businesses to start, run, and grow their business, today announced that it has completed the acquisition of Austin-based fintech platform Joust.

/payments

Trust Payments buys mobile loyalty platform Mobilize Systems

Trust Payments, the global unified payments group for global pay-in, pay-out and customer journey technologies today announced it has acquired Mobilize Systems, a UK based engagement and mobile loyalty platform serving the retail and hospitality sectors.

/payments

CXI completes acquisition of Canadian payments business

Currency Exchange International, Corp. (TSX: CXI) (OTCBB: CURN ), a full service foreign exchange technology and services provider, is pleased to announce its wholly-owned subsidiary Exchange Bank of Canada (EBC) has closed its acquisition of the assets of a Canadian international payments business that has operated 24 years in the Province of Québec.