Mergers and acquisitions

1468 articles tagged with this keyword

/retail

Santander to acquire TSB for £2.65 billion

Santander has reached an agreemenet to acquire UK lender TSB from Banco Sabadell for £2.65 billion in an all-cash transaction.

/startups

Fintech M&A picks up pace

Consolidation in the fintech sector is happening at pace, with disclosed deal value for transactions over $100 million in the first half of the year already close to double the total for all of 2024, according to new analysis from investment bank Artis Partners.

/retail

Swedbank acquires digital mortgage brand Stabelo

Swedbank has acquired Stabelo, a tech-led mortgage business with a focus on younger, more digitally-aware customers.

/retail

South African fintech Lesaka to buy Bank Zero

Lesaka Technologies, the South African fintech firm formerly known as , is set to buy South African digital-only institution Bank Zero Mutual Bank in a deal worth R1.1bn (US$62m).

/retail

Starling eyeing US bank acquisition

UK challenger bank Starling Bank is reportedly considering the acquisition of a US lender as part of its expansion plans.

/retail

Revolut to buy Argentina's Banco Cetelem - Bloomberg

Fintech giant Revolut is set to buy Small Argentinian lender Banco Cetelem from BNP Paribas, according to Bloomberg.

/wealth

Envestnet to sell open finance business Yodlee to PE firm STG

Envestnet is selling its open finance and data analytics unit Yodlee to private equity firm STG. Financial terms of the deal were not disclosed.

/payments

Shift4 agrees $180 million deal for Smartpay

Shift4 is continuing its acquisition spree, agreeing a US$180 million deal to take over Australian and NZ point-of-sale provider Smartpay.

/ai

Cube buys AI operational risk provider Acin

London-based RegTech Cube has acquired operational risk AI and technology provider Acin. Financial terms were not disclosed.

/retail

Sabadell weighs sale of TSB

Spain's Banco Sabadell says it has received expressions of interest from potential buyers for a takeover of UK subsidiary TSB.

/inclusion

LemFi buys Pillar to expand credit services to immigrants

LemFi, a financial services platform for immigrant communities has acquired UK fintech Pillar to expand its credit services. Terms of the deal were not disclosed.

/crypto

Stripe buys crypto wallet startup Privy

Payments giant Stripe is acquiring crypto wallet infrastructure startup Privy for an undisclosed fee.

/payments

Fiserv to acquire AIB Merchant Services

Founded in 2007 as a joint venture between AIB and Fiserv, AIB Merchant Services (AIBMS) is one of Ireland’s largest payment solution providers and one of Europe’s largest e-commerce acquirers, providing businesses with the ability to accept card payments from their customers.

/markets

TP Icap buys Neptune to create dealer-to-client credit business

Financial markets infrastructure provider TP Icap has acquired data company Neptune Networks and joined forces with nine investment banks to create a dealer-to-client credit business. Financial terms were not disclosed.

/payments

Global Payments to sell payroll unit for $1.1bn

Global Payments continues to simplify its business, agreeing to offload its payroll unit to fintech Acrisure for $1.1 billion.

/wholesale

Finastra to sell Treasury and Capital Markets business to Apax Partners

Finastra is to sell its Treasury and Capital Markets (TCM) business unit to an affiliate of venture capital firm Apax Partners in a deal estimated at $2 billion, including debt.

/retail

Acorns buys family wealth app EarlyBird

Savings and investment app Acorns has acquired the assets of EarlyBird, a "family wealth and digital memory" platform for kids. Financial terms were not disclosed.

/crypto

Robinhood to buy Canadian crypto player WonderFi

American trading app Robinhood is buying WonderFi, the Canadian crypto operator of Bitbuy and Coinsquare, for around C$250 million in cash.

/crypto

Coinbase agrees $2.9bn deal to buy crypto options exchange Deribit

Coinbase has boosted its derivatives business by agreeing to buy crypto options exchange Deribit for $2.9 billion.

/payments

Corpay and TPG team up to buy AvidXchange

Business payments automation firm AvidXchange is going private through a $2.2 billion deal that sees asset firm TPG take majority ownership with Corpay picking up a minority stake.