Mergers and acquisitions

3320 articles tagged with this keyword

/ai

Accenture boosts analytics skills with Mudano acquisition

Accenture has agreed to buy Mudano, a data consultancy that works with UK financial services firms. Financial terms were not disclosed.

/payments

Worldline agrees EUR7.8 billion deal to acquire Ingenico

Worldline is to acquire French peer Ingenico for EUR7.8 billion, creating a European payments powerhouse and the fourth-largest player in payment services worldwide.

/markets

SGX buys majority stake in index firm Scientific Beta

Singapore Exchange (SGX) is scaling up its Data, Connectivity and Indices (DCI) business through the acquisition of a 93% stake in Scientific Beta for EUR186 million in cash.

/payments

WEX to buy eNett and Optal

WEX (NYSE: WEX), a leading financial technology service provider, today announced that it has entered into a definitive agreement to purchase eNett, a leading provider of B2B payments solutions to the travel industry and Optal, a company that specializes in optimizing B2B transactions, for a total consideration of approximately $1.7 billion, including approximately $1.275 billion in cash and approximately 2 million shares of WEX common stock paid to the sellers.

/Mergers and acquisitions

RS2 buys Kalicom Liebers Zahlungssysteme

RS2 Group, a global payments processing and technology provider, announced the closing of its acquisition of Kalicom Liebers Zahlungssysteme KG, one of the most successful commercial network operators for electronic, card-based payment systems in Germany.

/Mergers and acquisitions

BMO to buy Clearpool

Bank of Montreal has agreed to buy New York-based trading technology outfit Clearpool Group. Financial terms were not disclosed.

/markets

Clearstream to acquire majority stake in UBS fund distribution platform Fondcenter

Deutsche Börse Group’s post-trade services provider Clearstream and UBS on a partnership in the investment fund services business segment.

/regulation

Broadridge to acquire FundsLibrary

Broadridge Financial Solutions, Inc. (NYSE:BR) and FundsLibrary Limited announce that Broadridge has entered into an agreement to acquire FundsLibrary, a leader in fund document and data dissemination in the European market, from its parent company Hargreaves Lansdown.

/Mergers and acquisitions

Blank cheque firm Far Point makes fintech play through Global Blue acquisition

Swiss payments and tax-free shopping outfit Global Blue has agreed a merger with Far Point, a "blank cheque" firm set up by hedge fund Third Point and former Nyse president Thomas Farley, in a deal that includes a significant investment from Ant Financial.

/crypto

Kraken acquires Australian cryptocurrency excahnge Bit Trade

Australia is one of the fastest-growing crypto markets in the world, and today, Kraken is excited to announce that it has acquired its longest-running crypto service, Bit Trade.

/retail

Segmint acquires Wand's products and services taxonomy division

Segmint Inc., a leading provider of data-driven solutions for financial institutions, announces that it has entered into an asset purchase agreement with WAND, Inc, the global leader in pre-defined taxonomies and taxonomy professional services.

/retail

Raisin preps US launch with Choice Financial Solutions acquisition

European savings marketplace outfit Raisin is acquiring Choice Financial Solutions for its push into the US market.

/Mergers and acquisitions

Visa to acquire Plaid for $5.3 billion

Visa is to shell out $5.3 billion to acquire bank data sharing startup Plaid.

/wholesale

INTL FCStone to buy Giroxx

INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd., executed a sale and purchase agreement to acquire Giroxx GmbH in Frankfurt, Germany. Closing is conditional upon the approval of the Bundesanstalt für Finanzdienstleistungsaufsicht [BaFin].

/Mergers and acquisitions

Credit card issuer Newday to purchase finance platform Deko

UK credit card issuer NewDay is set to acquire retail finance platform Deko in bid to diversify its offering.

/payments

PayU to create digital lending platform in India with PaySense acquisition

PayU is to acquire a controlling interest in Indian digital credit platform PaySense for $185 million.

/payments

Nets acquires Finnish payment technology providers Poplatek and Poplapay

Today, Nets, a leader in the payments industry, announces its acquisition of Finnish software developer Poplatek, together with its spin-off company Poplapay that provides payment terminal services in Finland.

/crypto

BUX acquires cryptocurrency investment platform, Blockport

Today, BUX announced the official acquisition of Blockport, a European social cryptocurrency investment platform.

/Mergers and acquisitions

Sapiens acquires German-based Insurtech sum.cumo

Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has acquired sum.cumo, the German-based technology provider that offers disruptive, digital, innovative and consumer-centric solutions mainly to the insurance sector, for up to €28.4 million.

/Mergers and acquisitions

PayPal closes $4bn Honey acquisition

PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has completed its acquisition of Honey Science Corporation for approximately $4 billion in cash.