Mergers and acquisitions

3115 articles tagged with this keyword

/markets

MNT-Halan acquires Tam Fina

MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a leading commercial finance company in Turkey with a loan book exceeding US $300 million, from Actera Group, the country’s leading private equity firm, and the European Bank for Reconstruction and Development (EBRD). Terms of the transaction were not disclosed.

/payments

Fortis acquires MerchantE’s NetSuite division

Payments technology leader for software providers, ERP customers, and scaling businesses, Fortis acquires MerchantE’s NetSuite payments division, marking a significant milestone in the evolution of embedded payment solutions.

/retail

UniCredit to acquire Banking-as-a-Service venture Vodeno and Belgian digital bank Aion

Italy's UniCredit has entered into a binding agreement to acquire the entire share capital of European Banking-as-a-Service platform Vodeno and Belgian digital bank Aion.

/wholesale

fresh Financials Group acquires AccountsForMe

Fresh Financials Group (FFG), an award-winning Xero Platinum Partner providing innovative cloud-based financial operations services, is excited to announce its second strategic acquisition, AccountsForMe Ltd.

/crypto

Zodia Markets acquires Elwood's OTC trading arm

Standard Chartered's digital asset trading arm Zodia Markets has acquired the Jersey-based OTC trading business of Elwood Technologies.

/markets

Clear Street to acquire Instinet’s Fox River algorithmic trading business

Clear Street (“Clear Street”, “the Company”), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, has entered into a definitive agreement to acquire Instinet’s Fox River algorithmic trading business.

/retail

BUX offloads UK subsidiary to APM Capital

BUX Holding has sold its UK business BUX Financial Services Limited (BFS) to Asseta Holding, the parent company of UAE-based investment firm APM Capital.

/crypto

DWS moves toward first German-regulated euro stablecoin

German asset management company DWS has launched a new company in a step towards creating the first German-regulated cryptocurrency.

/payments

Raqami Islamic Bank partners with Paysys Labs to transform digital payments in Pakistan

Raqami Islamic Digital Bank Pakistan, a visionary digital financial institution, and Paysys Labs Pvt Ltd, a leading payment technology provider, today announced a strategic partnership to transform Pakistan's digital payments landscape.

/wealth

Bain and Reverence to buy Envestnet for $4.5bn

Private equity firms Bain Capital and Reverence Capital have agreed to buy Envestnet in a deal that values the provider of wealth management technology and data at $4.5 billion.

/regulation

UBS under observation from pricing supervisor after acquiring Credit Suisse

Following UBS’s takeover of Credit Suisse earlier this year, Swiss consumer pricing supervisor has put the bank under observation amid competition concerns that could bring about higher loan charges.

/regulation

EQS Group to acquire Data Legal Drive

EQS Group, a leading international cloud software provider for corporate compliance, investor relations and sustainability reporting, today announces that it has entered into exclusive negotiations for the acquisition of French company Data Legal Drive, a key player in the GDPR and anti-corruption compliance software market.

/wholesale

TASConnect acquires Solv Malaysia and Solv Vietnam

TASConnect, a SaaS supply chain fintech platform, has acquired the Malaysian subsidiary of SOLV, a business-to-business online marketplace for micro, small and medium enterprises (MSMEs), and is in the process of acquiring the subsidiary in Vietnam.

/wholesale

SkySparc acquires Infiniance

SkySparc, a leading corporate and financial institutions solutions provider, has joined forces with infiniance, a treasury management consultancy for the corporate finance sector, in a move that will make the combined firm one of the leading treasury consultancies in the Nordic region.

/retail

ABN Amro completes BUX acquisition

ABN AMRO Bank N.V. has officially completed the acquisition of BUX, one of Europe’s most rapidly growing neobrokers.

/payments

Ant Group acquires Dutch payments vendor MultiSafePay

China's Ant Group has acquired Dutch payments firm MultiSafepay as it expands further into Western markets.

/wholesale

Acuity Knowledge Partners acquires PPA Group

Acuity Knowledge Partners (“Acuity”), a leading provider of high-value research, analytics and business intelligence solutions to the financial services sector, today announced the acquisition of PPA Group (“PPA”).

/markets

BlackRock to buy private markets data platform Preqin for £2.5 billion

BlackRock is to acquire private market data firm Preqin for £2.55 billion in an all-cash deal expected to close before year end.

/startups

Chime buys enterprise employee rewards platform Salt Labs

Digital banking giant Chime has acquired employee rewards startup Salt Labs. Financial terms of the deal were not disclosed.

/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.