Mergers and acquisitions

66 articles tagged with this keyword

/inclusion

Credit fintech Petal agrees sale to Empower

Empower Finance has agreed to buy US credit fintech Petal and closed the acquisition of Philippines-based Cashalo.

/markets

London-listed Gresham to be bought by STG Partners

London-listed fintech Gresham Technologies has agreed to be bought out by a private equity firm in a cash deal worth £146.7 million.

/markets

Tradeweb to pay $785m for investment tech firm ICD

Tradeweb Markets has struck a deal to buy investment technology firm Institutional Cash Distributors (ICD) for $785 million.

/startups

SC Ventures and NEXT176 partner up to launch financial wealth platform

Standard Chartered’s investment ventures arm, SC Ventures has joined forced with building and investment arm of Pan-African financial services group Old Mutual, NEXT176, to roll out a financial wellness platform.

/payments

Advent to acquire Nuvei in $6.3bn deal

Canadian payments firm Nuvei is set to go private after agreeing an acquisition deal with a private equity firm.

/startups

Rakuten to merge fintech units

Japanese financial services conglomerate has announced plans to consolidate its various fintech divisions into a single unit.

/sustainable

Paynetics buys 'impact' banking app Novus

Bulgarian embedded finance provider Paynetics is making an ESG play through the acquisition of UK 'impact neobank Novus. Financial terms were not disclosed.

/retail

Nationwide to acquire Virgin Money with extended Branch Promise

Nationwide Building Society has confirmed the offer of acquisition to Virgin Money UK, agreeing to the terms of a cash offer of £2.9 billion with Virgin Money’s Board.

/payments

Railsr proposes merger with Equals Group

Embedded Finance, Railsr's parent company, has approached Equals Group for a merger of the two companies, Sky News reports.

/payments

Shift4 Payments unimpressed by suitor bids

Shift4 Payments' CEO is Jared Isaacman is said to be distinctly unimpressed by the valuations placed on the firm from potential acquirers.

/payments

Nuvei in talks over private equity buy-out

Nasdaq-listed Canadian fintech Nuvei has confirmed that it is in talks over a potential going-private transaction.

/payments

GoCardless to buy Nuapay from EML Payments

GoCardless is creating a full-service bank payments provider through the acquisition of open banking business Nuapay from Australia's EML Payments in a deal worth €32.75 million.

/retail

Nationwide to buy Virgin Money for £2.9 billion

Nationwide has struck a deal to buy Virgin Money for £2.9 billion in a move that would see the building society expand into business banking and present a challenge to the might of the four big high street banks.

/wholesale

Mexico's Ziff acquires real estate financing outfit Arrenda

Mexico's Ziff has acquired revenue-based real estate financing outfit Arrenda.

/payments

Fiserv looks to buy Shift4 Payments - Reuters

Fiserv is battling with Amadeus IT Group to acquire payments processor Shift4 Payments, according to Reuters.

/payments

Top 5 payment stories you missed in February 2024

Fintech heated up a bit in February meaning you could have missed out on some of the biggest stories. Here are some of the top stories we saw in January 2024.

/wholesale

Xalts to acquire Contour Network to build 'Plaid for Trade'

Accel and Citi Ventures-backed fintech Xalts has acquired Contour Network from a consortium of global banks, with the aim of to building a 'Plaid for Trade' supply chain network.

/payments

Capital One to acquire Discover for $35 billion

Capital One has made a $35 billion bid to acquire Discover Financial Services, in a move that radically reshapes the payment card industry.

/crypto

RockWallet acquires Wyre’s user base

RockWallet has announced its acquisition of Wyre’s full customer base after the cryptocurrency payment platform shut down in June 2023.

/retail

Nigeria's Carbon buys Vella Finance for AI-powered business banking

Nigerian digital bank Carbon has acquired Vella Finance for the launch of an AI-powered platform for SMEs. Financial terms were not disclosed.