Mergers and acquisitions

1432 articles tagged with this keyword

/ai

Nubank buys Hyperplane to push AI-first strategy

Nubank is doubling down on its AI-first strategy with the acquisition of Silicon Valley-based data intelligence outfit Hyperplane for an undisclosed fee.

/wholesale

Funding Circle sells US business

Small business lender Funding Circle has reached an agreement with iBusiness Funding for the sale of its US operations in a £33 million all-cash deal.

/payments

Klarna sells Checkout business

Klarna is selling its online checkout business to a consortium of investors for around €485 million in order to remove the conflict of interest it created with partners such as Adyen and Stripe.

/wholesale

Ageras to acquire French fintech Shine from Societe Generale

Danish accounting software fintech Ageras has entered into an exclusive agreement with Societe Generale to acquire Shine, a provider of banking and accounting software for SMEs.

/payments

Judge paves way to end JPMorgan-Viva Wallet valuation dispute

The legal tussle between JPMorgan and the founder of Viva Wallet over the Greek payments firm's valuation appears to have been settled by a UK judge.

/crypto

Robinhood to buy crypto firm Bitstamp for $200m

Trading app Robinhood has agreed a $200 million cash deal to buy crypto exchange Bitstamp in an effort to expand outside of the US and accelerate its push into digital assets.

/retail

CMA investigates Virgin Money's merger with Nationwide

The UK's Competition and Markets Authority (CMA) has announced it is considering investigating Nationwide's merger with Virgin Money.

/wealth

Sipps provider Intelligent Money goes into administration

UK wealth management firm Intelligent Money has entered administration after agreeing a deal to sell off its business and assets to fellow provider Quai.

/payments

HPS acquires Dublin-based CR2

HPS has acquired long-established Irish digital banking and payments software company CR2.

/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.

/markets

FE fundinfo acquires German fintech Dericon

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

/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.

/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.

/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.

/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.

/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.

/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.

/payments

Corpay to buy Paymerang

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

/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.

/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.