Latest Mergers and acquisitions News: Finextra Research

Refinitiv boosts wealth management biz through Scivantage acquisition

Refinitiv has moved to strengthen its digital wealth management business through the acquisition of tech house Scivantage. Financial terms were not disclosed.

02 March 2020

Company update/markets

Broadridge completes acquisition of FundsLibrary

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index, has completed its previously announced acquisition of FundsLibrary, a leader in fund document and data dissemination in the European market.

02 March 2020

News/retail

AIB sells 500 non-branch ATMs to Brink's

Irish bank AIB has agreed to sell its network of more than 500 non-branch ATMs to cash management giant Brink's. Financial terms were not disclosed.

28 February 2020

Company update/wholesale

AVA buys capital markets platform Investery

AVA, an efficient and modular decentralized services platform, has announced the acquisition of Investery Inc., a private capital markets platform that empowers investors to manage alternative investments.

27 February 2020

Company update/payments

Brink's to acquire majorty share of G4S cash handling operations

The Brink’s Company (NYSE: BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced that it has agreed to purchase for approximately $860 million (£660 million) the majority of the cash operations of U.K.-based G4S plc (LSE: GFS), a global security and cash management company.

27 February 2020

Company update/payments

Checkout.com makes its first acquisition, French startup ProcessOut

Checkout.com, a leading global payment solutions provider, today announces the acquisition of technology startup ProcessOut.

26 February 2020

News/Mergers and acquisitions

JPMorgan to pursue M&A strategy in face of Big Tech competition

JPMorgan chief Jamie Dimon says the bank will pursue an aggressive M&A strategy to see off the threats posed to its business by Big Tech giants and smaller fintechs.

26 February 2020

News/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.

26 February 2020

Company update/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.

25 February 2020

News/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.

25 February 2020

Company update/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.

25 February 2020

Company update/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.

25 February 2020

News/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.

25 February 2020

News/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.

24 February 2020

News/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.

24 February 2020

Company update/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.

24 February 2020

Company update/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.

21 February 2020

News/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.

21 February 2020