Mergers and acquisitions

3485 articles tagged with this keyword

/payments

Saudi fintech Hala acquires Paymennt.com

Saudi fintech Hala has acquired UAE payments startup Paymennt.com, an online payment processor for micro and small businesses.

/retail

Finastra explores sale of banking business - Reuters

Fintech giant Finastra could be ready to sell its universal banking business for up to $7 billion, according to Reuters, citing sources.

/crypto

Coinmetro acquires blockchain-enabled fundraising platform Ignium for €4 million

One of Europe’s fastest growing digital currency exchanges Coinmetro is today announcing the acquisition of Ignium.io, a platform that facilitates fundraising for small to medium-sized enterprises (SMEs) by leveraging social media and blockchain technology.

/retail

RBC buys real estate tech platform OJO Canada

Royal Bank of Canada has acquired the Canadian operations of AI-based real estate technology company OJO. Financial terms of the deal were not disclosed.

/retail

NatWest to buy majority stake in workplace pension and savings app Cushon

NatWest is to spend £144 million to aquire an 85% majority stake in workplace savings and pensions fintech Cushon.

/retail

Lunar raises €35 million despite tough economic conditions

Danish neobank, Lunar, has raised €35 million to invest in and develop the business in order to continue Nordic expansion and expedite its path to profitability.

/wholesale

Tide completes Funding Options acquisition with FCA approval

Tide, the leading digital business banking platform, has completed its purchase of Funding Options, a UK marketplace for business finance, following FCA approval. The proposed acquisition was announced in November 2022.

/wealth

FNZ to acquire ifsam

FNZ, the global wealth management platform, has agreed to acquire International Fund Services & Asset Management SA (ifsam), a Luxembourg-based B2B fund platform.

/payments

Billing Better acquires Homebox

Billing Better, the leading UK bills management company, has announced that it has acquired Homebox, a utilities comparison and switching service.

/markets

Optiver-led consortium buys Traxys

Traxys, a leading global physical trader and merchant in metals and natural resources, today announced a change of ownership. Traxys’ management, together with Optiver, a global market maker, CoLift, an investment firm, and an investor group active in mining and natural resources led by Regent Mercantile Holdings Limited and LOM Financial Group, will acquire all of the interests in Traxys held by funds managed by global investment firm Carlyle (NASDAQ: CG) and affiliates of Louis M. Bacon, the founder of Moore Capital Management, LP.

/regulation

Seon acquires AML specialist Complytron

Reacting to a surge in anti-money laundering fines, fraud prevention company Seon has acquired compliance and financial crime specialist firm, Complytron

/retail

Zopa Bank raises £75 million to boost growth

Zopa Bank has received £75 million in funding to support its next phase of growth in the UK.

/payments

Marqeta makes first acquisition, buys Power Finance for $275 million

Card issuing fintech Marqeta is to acquire credit card programme management platform Power Finance for $275 million in cash.

/markets

CrowdX acquires J P Jenkins

CrowdX, the FinTech platform providing marketplaces and liquidity solutions for private companies, has this morning announced the acquisition of J P Jenkins (JPJ) as a wholly owned subsidiary.

/regulation

Corlytics acquires ING RegTech platform SparQ

Corlytics has acquired SparQ, a regulatory monitoring platform spun out of ING, in a €5 million aggregate deal.

/wealth

FNZ buys YieldX

Wealth management platform FNZ has made its second acquisition in a week, buying YieldX, a US-based provider of fixed income portfolio management technology, optimisation services and direct indexing tools.

/security

Abacus Group buys cybersecurity consulting companies

Abacus Group, the leading provider of hosted IT services and solutions to alternative investment firms, today announces that it has acquired two boutique cybersecurity consulting companies, Gotham Security and its parent company, GoVanguard, both of which have unparalleled track records of excellence in the cyber arena.

/security

Forter buys bot detection player Immue

Forter, the Trust Platform for digital commerce, today announced the acquisition of Immue, a bot detection company based in Tel Aviv, Israel. Forter’s first acquisition will not only strengthen the company’s existing fraud management capabilities but add Immue’s domain-specific bot expertise.

/wealth

FNZ acquires Germany's Fondsdepot Bank

Wealth management platform FNZ has acquired German credit institution Fondsdepot Bank.

/retail

JPMorgan Chase sues founder of startup it acquired

JPMorgan Chase is suing the founder of a college financial planning platform it acquired for $175 million, accusing her of creating a list of millions of fake users to get the deal completed.