Mergers and acquisitions

1346 articles tagged with this keyword

/payments

PandaDoc buys payments firm Denario

American document workflow software firm PandaDoc has acquired German business payment network Denario. Terms were not disclosed.

/payments

Trustly acquires SlimPay

Swedish open banking and payments firm Trustly has acquired A2A-based recurrring payments platform SlimPay in a deal believed to be worth €70 million.

/wealth

Goldman sells mass market wealth management business

Goldman Sachs continues its retreat from the mass-market banking arena, selling off its Personal Financial Management (PFM) unit to Creative Planning.

/retail

Orange sells Romanian banking unit to Alpha

Telco giant Orange has agreed to sell its digital banking operations in Romania to local player Alpha Bank. Financial terms were not disclosed.

/markets

Yahoo buys social investing platform Commonstock

Yahoo has acquired Commonstock, a social platform that lets retail investors link their brokerage accounts and share their portfolio's performance and discuss their trades and strategies. Terms of the deal were not disclosed.

/markets

TT boosts cross-asset offering with Abel Noser Solutions acquisition

Capital markets tech vendor Trading Technologies has agreed to buy Abel Noser Solutions (ANS), a provider of transaction cost analysis for investment managers, brokers, asset owners and consultants. Financial terms of the deal were not disclosed.

/wealth

Goldman considers sale of mass market wealth management business

Goldman Sachs is considering the sale of its Personal Financial Management unit, further accelerating its retreat from the mass-market banking business.

/payments

Brazil's Matera buy Cinnecta to bring AI to instant payments

Brazil's Matera is bringing AI to instant payments after acquiring local outfit Cinnecta. Financial terms of the deal were not disclosed.

/wholesale

Basware makes offer for Irish fintech Glantus

AP automation and invoice processing firm Basware has made a £17.8 million cash offer for the entire share capital of Ireland's Glantus.

/markets

Deutsche Börse Group to acquire FundsDLT

Deutsche Börse Group is to acquire the remaining shares in FundsDLT, a Luxembourg-based company which uses distributed ledger technology for fund distribution and processing.

/payments

Rapyd to acquire PayU GPO for $610 million

Israeli unicorn Rapyd has won a bidding war to acquire European payments firm PayU GPO for $610 million.

/payments

Nexi acquires 30% stake in Computop

Italian paytech Nexi has acquired a 30% stake in German payments processor Computop for an undisclosed sum.

/payments

FIS agrees sale of majority stake in Worldpay at $18.5bn valuation

FIS has agreed to sell 45% of its Worldpay Merchant Solutions business to private equity funds managed by GTCR in a transaction valuing the unit at $18.5 billion.

/retail

Turkish neobank Papara buys Spain's Rebellion

Turkish neobank Papara has acquired Spanish counterpart Rebellion, creating Europe's latest fintech unicorn.

/regulation

Corlytics acquires Clausematch

RegTech Corlytics has made its second acquisition of the year with the takeover of compliance mapping provider Clausematch.

/retail

BNP Paribas in talks to takeover Orange Bank

Telecommunications firm Orange has entered exclusive negotiations with BNP Paribas for the takeover of its retail banking business.

/payments

Fintechs engaged in bidding war for PayU

European payments firm PayU is reportedly the subject of a bidding war after its owner, Dutch investment company Prosus, decided to put it up for sale.

/startups

Robinhood buys credit card startup X1

Stock trading app Robinhood has agreed to buy credit card startup X1 for about $95 million in cash.

/wealth

Backbase buys digital wealth platform Nucoro

Engagement banking vendor Backbase has acquired UK-based digital wealth platform Nucoro. Financial terms of the deal were not disclosed.

/crypto

BCB Group and Sutor Bank terminate acquisition deal

Crypto payments processors BCB Group has mutually terminated its deal to acquire 100-year old Sutor Bank in response to changing market decision.