Mergers and acquisitions

3379 articles tagged with this keyword

/markets

Temenos sells Multifonds for $400 million

Swiss core banking vendor Temenos has offloaded its asset administration business Multifonds to Montagu Private Equity for $400 million.

/ai

Worldpay to buy fraud prevention platform Ravelin

Payments giant Worldpay has struck a deal to buy AI-native enterprise fraud prevention platform Ravelin. Financial terms were not disclosed.

/wholesale

United Fintech acquires Commercial Banking Applications

United Fintech, an umbrella outfit dedicated to scooping up a stable of capital markets, wealth management and wholesale banking vendors, has made it sixth and largest acquisition to date, buying out trade finance and payments vendor Commercial Banking Applications.

/sustainable

ExtractAlpha acquires ESG Analytics

ExtractAlpha, a leading provider of alternative data and analytics solutions, announced the acquisition of ESG Analytics, an innovative platform offering real-time, actionable insights into environmental, social, and governance (ESG) metrics.

/payments

Moove acquires Kovi

Moove, a global leader in mobility with a vision to build the largest rideshare fleet and best-in-class technologies powering mobility platforms, has announced the acquisition of Kovi, an urban mobility provider headquartered in São Paulo.

/ai

Spend management platform Yokoy acquired by TravelPerk

Business travel platform TravelPerk has raised $200 million and acquired Swiss AI-powered spend management outfit Yokoy.

/markets

Euronext to acquire Nasdaq’s Nordic power futures business

Euronext (Euronext: ENX), the leading European capital market infrastructure, and Nasdaq (Nasdaq: NDAQ), a leading transatlantic market operator and global technology company, today announced the signing of a binding agreement under which Euronext will acquire Nasdaq’s Nordic power futures business, subject to receipt of applicable regulatory approvals.

/retail

Pakistani fintech ABHI acquires major stake in Finca Microfinance Bank

ABHI and TPL Corp have acquired FINCA Microfinance Bank Limited, according to the statement issued by the company.

/payments

Nuvei launches in Japan after clinching acquisition of Paywiser

Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, today announces an expansion in Asia-Pacific (APAC), having completed the acquisition of Paywiser Japan Limited, including its acquiring license granted by the Japanese Ministry of Economy, Trade and Industry.

/wholesale

Abrigo acquires Integrated Financial Solutions

Abrigo, a leading provider of compliance, credit risk, and lending solutions for financial institutions, has acquired Integrated Financial Solutions (IFS), the provider of IFSLeaseWorks, a leader in end-to-end lease and loan origination and administration automation.

/payments

South Africa's Stitch expands into in-person payments with ExiPay acquisition

South African embedded payments platform Stitch is moving into in-person payments through the acquisition of Dutch outfit ExiPay. Financial terms were not disclosed.

/Mergers and acquisitions

Priority acquires benefits and payroll vendor Rollfi

Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority”), the unified commerce engine that helps businesses unlock revenue opportunities, today announced the acquisition of Rollfi.

/payments

Singapore's Pomelo acquires Arrow Checkout

Pomelo Group has completed the acquisition of fellow Singaporean FinTech Payments company Arrow Checkout.

/payments

Ally Financial sells credit card business to CardWorks

Ally Financial Inc. (NYSE: ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally's credit card business, including a portfolio of $2.3 billion in credit card receivables with 1.3 million active cardholders as of Dec. 31, 2024.

/payments

Neonomics buys UK open banking platform Ordo

Norwegian open banking firm Neonomics has acquired UK contemporary Ordo. Financial terms of the deal were not disclosed.

/ai

Caseware acquires Extractly.ai

Caseware, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the acquisition of Extractly.ai, the provider of intelligent document processing solutions that streamline the audit process for accounting and finance teams.

/crypto

Circle buys tokenised money market fund Hashnote

Crypto firm Circle Internet Group has acquired Hashnote, the issuer of US Yield Coin (USYC), the largest tokenised treasury and money market fund in the world.

/payments

MyPOS acquires French cash register company Toporder

London-based fintech myPOS has made its first acquisition, snappping up French cash register company Toporder.

/payments

Amazon to buy Indian BNPL firm axio

Amazon has agreed to acquire Indian buy now, pay later firm axio in a deal reported to be worth more than $150 million.

/retail

TransUnion to buy consumer credit business of Mexico's Buró de Crédito

TransUnion (NYSE:TRU) has signed a definitive agreement to acquire majority ownership of Trans Union de Mexico, S.A., S.I.C., the consumer credit business of the largest credit bureau in Mexico, Buró de Crédito.