Mergers and acquisitions

3115 articles tagged with this keyword

/markets

Communify Fincentric Unifies Financial Data with Acquisition from S&P Global

John Wise, Chairman and CEO of Communify Fincentric, explains the backstory to the company's acquisition of Markit on Demand from S&P Global. Aimed at fixing the financial industry's persistent challenge of fragmented data, this strategic move unifies client and market information in a single platform, integrating over 4,000 global data feeds to enhance AI-driven insights for portfolio managers, advisors and self-directed investors. By merging these data sets, the business intends to set a new standard for the broking, wealth and asset sectors, enabling institutions to navigate complex data landscapes and drive growth in a digital world.

/markets

Communify acquires Fincentric from S&P Global

Wealthtech entrepreneur John Wise and PE firm Stellex Capital Management have acquired S&P Global’s Fincentric business with a view to providing digital experiences and financial data distribution to the wealth, broking and asset management industries.

/identity

Experian acquires behavioural analytics firm NeuroID

Experian — the global data and technology company — announced today that it has acquired NeuroID, an industry leader in behavioral analytics.

/markets

Trading Technologies completes second transaction in Abel Noser Solutions acquisition

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that TT’s acquisition of START, a broker-neutral trade optimization platform, from Abel Noser Holdings, a majority-owned portfolio company of Estancia Capital Partners, is now complete.

/payments

Payoneer buys payroll firm Skuad

Cross-border payments firm Payoneer has acquired Singapore-based workforce and payroll management outfit Skuad for $61 million in cash.

/markets

TMX acquires Newsfile Corp.

TMX Group Limited announced today it has acquired Newsfile Corp. (Newsfile), the largest Canadian-owned news dissemination and regulatory filing provider.

/payments

Sendsprint acquires Nobel Financial

Sendsprint, an international payment and remittance startup, has acquired Nobel Financial Inc., a US-based global remittance service provider, to drive the expansion of its footprint and services to customers in the United States.

/payments

Flywire acquires Invoiced

Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company, announced that it has acquired Invoiced, a SaaS platform that enables B2B finance teams and the “Office of the CFO” to automate the critical order-to-cash process.

/cloud

NCR Voyix sells digital banking business for $2.45bn

NCR Voyix has entered an agreement to sell its cloud-based digital banking business for $2.45 billion in cash to Veritas Capital.

/retail

ColCap acquires digital mortgage lender Molo

ColCap Financial Limited has acquired the remaining 20% of shares in Molo Tech Limited. The digital mortgage lender is which is now a wholly owned subsidiary of ColCap.

/payments

Nuvei to acquire licenced payment institution in Brazil

Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda. (“Pay2All”), a licensed Payment Institution authorized by the Central Bank of Brazil.

/Mergers and acquisitions

Etops joins Pollen Street Capital-backed WealthTech consolidation project

Etops, headquartered near Zug, Switzerland, will join a wealth and asset management software consolidator.

/wholesale

Iress sells UK mortgage business

Iress (IRE: ASX) today announces it has completed the sale of its UK Mortgage Sales & Originations (“Mortgages”) business to Bain Capital Tech Opportunities LP (“Bain Capital”).

/wealth

BNP Paribas begins negotiations to acquire AXA Investment Managers

The BNP Paribas Group announces today that it has entered into exclusive negotiations with AXA to acquire 100% of AXA Investment Managers (AXA IM), representing close to €850bn1 assets under management, together with an agreement for a long-term partnership to manage a large part of AXA’s assets.

/markets

ISI Emerging Markets Group acquires EPFR and rebrands as ISI Markets

ISI Markets, the leading provider of macroeconomic data, industry, company and sovereign intelligence, today announces the acquisition of EPFR, the global leader in fund flows and allocation data.

/retail

ANZ completes acquisition of Suncorp Bank

ANZ today confirmed it has completed its acquisition of Suncorp Bank.

/retail

Wefox exits German market

As announced in June, wefox has continued to implement its exit from the German insurance market as part of the refocusing of its portfolio on profitable market positions of critical size.

/ai

ThetaRay boosts AI financial crime detection with Screena acquisition

AI-powered financial crime detection specialist ThetaRay has acquired screening company Screena. Financial terms were not disclosed.

/payments

Stripe acquires Lemon Squeezy

Woohoo! We're excited and humbled to announce that Stripe has acquired Lemon Squeezy.

/retail

NatWest buys Metro Bank’s £2.4 billion mortgage portfolio

NatWest has bought Metro Bank’s £2.4b mortgage book, while also admitting to being forced to spend £24m on cancelled “Tell Sid” campaign by the previous government.