Mergers and acquisitions

128 articles tagged with this keyword

/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.

/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.