Mergers and acquisitions

3353 articles tagged with this keyword

/payments

GoDaddy acquires Poynt for $320 million in cash

GoDaddy Inc. (NYSE: GDDY), the company that empowers everyday entrepreneurs, today announced it has entered into a definitive agreement to acquire Poynt.

/crypto

SBI opens cryptocurrency dealing desk

Japan's SBI Financial Services is opening a cryptocurrency dealing desk after acquiring liquidity provider B2C2.

/Mergers and acquisitions

MassMutual to acquire fintech platform Flourish

Massachusetts Mutual Life Insurance Company (MassMutual) and Stone Ridge Asset Management (Stone Ridge), an asset manager with more than $10 billion in assets under management (AUM) that focuses on registered investment advisers (RIAs), institutions, and insurance companies, today announced that MassMutual and Stone Ridge Holdings Group have entered into a definitive agreement for MassMutual to acquire Flourish, a fintech platform for RIAs.

/Mergers and acquisitions

AnaCap signs third acquisition in the UK wealth management platform space with Novia Financial

AnaCap Financial Partners (“AnaCap”), a leading financial services specialist mid-market private equity investor, today announces it has signed a deal for a third acquisition in the UK wealth management platform space with the purchase of Novia Financial (“Novia”).

/retail

SocGen acquires online car buying platform Reezocar

Societe Generale has acquired Reezocar, a French online platform for buying used cars. Financial terms were not disclosed.

/payments

Worldline buys controlling stake in ANZ commercial acquiring biz

European payments firm Worldline is paying A$485 million for a 51% stake in ANZ's commercial acquiring business, creating a joint venture with the Australian bank.

/startups

An AI proposition is now 'table stakes' for fintech startups

An offering that harnesses AI is now the minimum expectation of a fintech startup, according to Ben Davey, chief executive officer of Barclays Ventures.

/payments

Synechron acquires Australian payments technology provider Attra

Financial consultancy Synechron is continuing its acquisition streak with a deal to take over Australian-based payments provider Attra.

/retail

SE 2buys Convergent Financial Technologies

SE2, a life and annuities insurance technology and services firm, today announced it has acquired Convergent Financial Technologies, growing its SaaS based product offerings for the insurance and retirement solutions industry.

/regulation

Wolters Kluwer to buy eOriginal

Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement to acquire eOriginal, a leading provider of cloud-based digital lending software, for approximately €231 million in cash.

/identity

Refinitiv closes Giact acquisition

Refinitiv has expanded its suite of risk and compliance products following the successful acquisition of Giact Systems, LLC (“GIACT”), an industry leader in digital identity, payments verification and fraud prevention. Refinitiv announced its acquisition of GIACT on November 2nd.

/regulation

DTCC buys Sapient platform for compliance management reporting

The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced its acquisition of Publicis Sapient’s Compliance Management Reporting System (CMRS), which will be integrated with the DTCC Report Hub service to create the industry’s most comprehensive pre and post trade reporting solution.

/retail

Sovos buys LTtax

Global tax software provider Sovos today announced it has acquired LTtax, a New York-based provider of payroll withholding and unemployment tax software serving some of the largest retailers, financial institutions and insurers operating in the United States.

/payments

ClearCourse buys Mosaic

ClearCourse Partnership LLP (“ClearCourse” or “the Group”), a group of innovative technology companies providing useful, integrated software solutions, has acquired Mosaic Software Limited (“Mosaic” or “the Company”), a cutting-edge payments solutions provider based in East Kilbride, Scotland.

/markets

Capco acquires andrion

Capco, the global management and technology consultancy, today announces the acquisition of andrion AG (‘andrion’), a Switzerland-based digital and technology delivery consultancy focused on providing transformational solutions and services to Swiss banks, financial technology firms and companies in the financial services sector.

/people

London Stock Exchange names new CEO

A former director at the UK's financial regulator has been appointed as the chief executive of the London Stock Exchange (LSE).

/payments

Alliance Data Systems closes Bread acquisition

Alliance Data Systems Corporation (NYSE: ADS), a leading provider of data-driven marketing, loyalty and payment solutions, today announced it has completed the acquisition of Lon Inc., a technology-driven digital payments company operating under the trademark Bread, offering an omnichannel solution for retailers and platform capabilities to bank partners.

/payments

India's PhonePe to raise $700 million in partial spin-off from Flipkart

Indian digital payment platform PhonePe is to spin off from Walmart-owned e-commerce marketplace Flipkart, raising $700 million in the process to fund growth and compete head-on with the likes of Google, Amazon and WhatsApp.

/payments

Affirm agrees to buy Canadian BNPL firm PayBright

American buy now, pay later credit card alternative Affirm is beefing up its presence north of the border through a C$340 million (US$264 million) deal to buy Toronto-based PayBright.

/wealth

JP Morgan Asset Management buys 55ip

J.P. Morgan Asset Management today announced that it has entered into a definitive agreement to acquire 55ip, a financial technology company with proprietary capabilities empowering financial advisors to deliver tax-smart investment strategies at scale.