Latest Mergers and acquisitions News: Finextra Research

Company update/wealth

Fideuram - Intesae Sanpaolo acquirres majority stake in Alpian

Alpian, Switzerland's first premium digital bank, today announced significant milestones, including substantial growth, the completion of the last step of its pivotal Series C, totaling CHF 76M of which CHF 40M to be executed upon the regulatory approvals.

22 May 2024

Company update/payments

Experian acquires stake in Reward

Reward, an industry leader in customer engagement and commerce media, today announced that Experian, a FTSE50 company, the world’s leading global information services company, has acquired a strategic stake in the company.

22 May 2024

News/payments

Fabrick continues open finance consolidation strategy with acquisition of finAPI

Open finance firm Fabrick has entered the DACH market through the acquisition of a majority 75% stake in German operator finAPI.

22 May 2024

News/markets

FE fundinfo acquires German fintech Dericon

FE fundinfo, a financial data platform for the asset management industry, has acquired German WealthTech Dericon.

22 May 2024

News/regulation

Plenitude acquires Contineo Financial Risk Solutions

Financial crime consultancy Plenitude has acquired Contineo Financial Risk Solutions, a provider of technical advisory services for regulatory compliance operations.

21 May 2024

News/wealth

EFG Hermes acquires minority stake in Danish fintech Kenzi Wealth

Middle Eastern investment bank EFG Hermes has acquired a minority stake in Danish fintech Kenzi Wealth.

21 May 2024

News/retail

Chetwood Financial acquires buy to let lender CHL Mortgages

UK digital bank Chetwood Financial has acquired buy to let mortgage lender CHL Mortgages to complement its soon-to-launch ModaMortgage's proposition.

21 May 2024

Company update/retail

ABN Amro to sell its stake in life insurance joint venture Neuflize Vie

ABN AMRO, through its French private bank branch Neuflize OBC, has entered into exclusive negotiations with BNP Paribas Cardif to form a strategic partnership in life insurance in France.

20 May 2024

News/regulation

Cube acquires global regulatory intelligence businesses from Thomson Reuters

London RegTech Cube is continuing its acquisition spree, buying Thomson Reuters Regulatory Intelligence and Oden products and businesses.

16 May 2024

Company update/wholesale

Equals Group extends deadline for consideration of Embedded Finance takeover offer

On 1 November 2023 the Board of Equals announced that it is conducting a review of the Company’s strategic options (the “Strategic Review”) and that as part of this process, the Company has contacted a limited number of potential counterparties including Madison Dearborn Partners, LLC (“MDP”), to assess whether such parties could put forward a proposal that would deliver greater value to Equals’ shareholders than pursuing a standalone independent strategy (the "Strategic Review").

15 May 2024

News/wholesale

UBS CEO warns of risk from delaying Credit Suisse IT integration

UBS is aiming for a swift and smooth IT integration with recently acquired Credit Suisse, bringing over only 10% of its former rival's 3000 applications.

13 May 2024

Company update/wealth

Broadridge to buy Kyndryl wealth and capital markets tech platform

Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that it will acquire Kyndryl’s Securities Industry Services (SIS) wealth and capital markets technology platform.

13 May 2024

News/wholesale

BBVA charges forward with hostile bid for Banco Sabadell

Spanish incumbent bank BBVA launched a hostile takeover bid on Thursday to buy out rival Banco Sabadell.

10 May 2024

Company update/startups

AI Squared acquires Multiwoven

AI Squared, a leading technology provider for integrating information into web-based business applications, announces its acquisition of the world’s number one open-source Reverse ETL (rETL) company, Multiwoven. With this acquisition, AI Squared furthers its commitment to helping organizations simplify the movement of data and AI insights into business applications.

10 May 2024

News/payments

Corpay to buy Paymerang

Corporate payments company Corpay is set to buy account payable automation outfit Paymerang. Financial terms have not been disclosed.

09 May 2024

News/regulation

Cube RegTech rollup continues with acquisition of Reg-Room

Regulatory intelligence firm Cube has acquired US-based Reg-Room, the latest in a planned series of acquisitions to drive consolidation in the market for regulatory technology.

09 May 2024

Company update/payments

Basware acquires AP Matching

Basware, a global leader in AP automation and invoice processing, today announced that it has acquired AP Matching.

08 May 2024

Company update/regulation

Corlytics acquires RegTech platform from Deloitte UK

Corlytics, the global leader in regulatory intelligence and policy compliance technology, has acquired a digital RegTech platform from Deloitte UK.

07 May 2024

News/payments

Fime acquired by Gallant Capital

Private equity firm Gallant Capital Partners has acquired payments consultancy and testing specialist Fime as well as the UL Solutions payments testing business and merged the two. Financial terms were not disclosed.

07 May 2024

Company update/payments

Turkish fintech iyzico acquires Paynet for $87 million

iyzico, a pioneer in the Turkish fintech sector, proudly declares the agreement for the acquisition of Paynet, a significant player in the Turkish fintech landscape for 87 million USD from Arena Group.

07 May 2024