Tagged: acquisition

IT Service Provider Zensar Announces Acquisition of Insurtech Cynosure

IT service provider Zensar announced on Wednesday it has entered into a definitive agreement to acquire U.S.-based insurtech Cynosure, which focuses on providing Guidewire platform implementation services to Property and Casualty (P&C) insurance carriers. The company reported: “This acquisition is a critical component of Zensar’s… Read More

Nordic Capital to Acquire European Online Payment Provider Trustly

European online payments provider Trustly announced this week it will be acquired by Nordic Capital Fund IX (Nordic Capital). According to Trustly, Nordic Capital will support the payment platform in its mission to become the leading global online banking payments provider. Trustly also reported that its… Read More

Credit Data Giant Experian to Purchase UK Fintech Startup ClearScore For £275 Million

On Thursday, UK fintech startup ClearScore announced it was acquired by credit data firm Experian. According to various reports, the company was purchased for £275 million. Founded in 2015, ClearScore describes itself as one of the leading fintech businesses in the UK. It aims to change… Read More

UK Challenger Bank Tandem Acquires Management App Pariti

Just two months after the finalization of its purchase of Harrods Bank, UK challenger bank Tandem has acquired money management app Pariti.  Founded in 2014, Pariti is described as a free mobile app that connects to users’ different banking accounts and credit cards to provide… Read More

GoFundMe Announces “CrowdRise by GoFundMe” Social Fundraising Solution for Nonprofits

Just one year after announcing its CrowdRise acquisition, crowdfunding platform GoFundMe announced CrowdRise by GoFundMe, which is described as a new product that builds on the strengths of these two platforms to offer the best overall fundraising solution for nonprofits. According to GoFundMe,  CrowdRise by… Read More

Cryptocurrency Exchange Poloniex Joins Circle as Goldman Backed Firm Moves to “Accelerate the Emerging Token Economy” with Acquisition

Circle has acquired global cryptocurrency exchange Poloniex to “accelerate the emerging token economy,” according to reports from both companies. At least one estimate pegged the acquisition price at $400 million. Circle is a company with a mission to to make sending money like sending anything else… Read More

Fintech Temenos to Acquire Fidessa Group for $1.96 billion

Swiss Fintech Temenos has agreed to buy UK based Fidessa Group in a deal that currently stands at $1.96 billion. Temenos is a provider of banking software and the company claims that more than 2000 firms around the globe, including 41 of the top 50… Read More

Danish Fintech Inpay Announces Acquisition of Eurogiro

On Wednesday, global payments platform Inpay announced it has acquired postal payment network Eurogiro. The company reported that it will continue to bring innovation and growth opportunities to Eurogiro members. While sharing details about the acquisition, Michel Stuijt, CEO of Eurogiro, stated: “Inpay has a… Read More

African Blockchain Platform BitPesa Acquires European Money Transfer Service TransferZero

BitPesa, a blockchain payments platform for Africa, announced on Wednesday it has acquired European money transfer service, TransferZero. Founded in May 2016, TransferZero claims to be the first fintech company licensed by the Bank of Spain as an authorized payment institution and is a partner of Bankia,… Read More

ValueSetters Announces Acquisition of Dreamfunded; Names Manny Fernandez Member of the Board of Advisors

ValueSetters Inc. (OTC Pink: VSTR), a Boston-based publicly-traded, boutique advisory firm, announced on Thursday it acquired DreamFunded Marketplace, LLC, a California-based regulated crowdfunding portal. This news comes less than six months after Dreamfunded launched its first real estate investment opportunity under Reg CF. As previously reported, Dreamfunded… Read More

YouCaring Acquires Indiegogo’s Personal Cause Platform Generosity; Indiegogo Named YouCaring’s Entrepreneurial Fundraising Partner

YouCaring announced on Thursday it has acquired Indiegogo’s personal cause platform, Generosity. The online fundraising platform revealed along with the acquisition, it has formed a long-term partnership with the global crowdfunding platform, which has been named YouCaring’s Entrepreneurial Fundraising Partner. Speaking about the Generosity acquisition and partnership, YouCaring’s… Read More

GiveGab Announces Acquisition of Kimbia

GiveGab, a fundraising and supporter engagement platform designed exclusively for nonprofits, announced last week it has completed the acquisition of substantially all assets of Kimbia, an online fundraising, crowdfunding, and event platform provider for nonprofits, higher education, and community foundations. While sharing details about the acquisition, GiveGab’s… Read More

Silver Lake & P2 Capital Partners Set to Acquire California Fintech BlackHawk Nework Holdings For $3.5 Billion

U.S. fintech firm Blackhawk Network Holdings announced on Tuesday it is set to be acquired by private equity firm Silver Lake and hedge fund P2 Capital Partners For $3.5 billion, including debt. Founded in 2001, Blackhawk Network stated it has developed new ways to give, receive,… Read More

Tandem Closes on Harrod’s Bank Purchase, Receives UK Banking License with Acquisition

Digital challenger bank Tandem has closed on the acquisition of Harrod’s bank – the financial institution long associated with the eponymous London retail store.Tandem received regulatory approval by the Prudential Regulation Authority, a division of the Bank of England, and the Financial Conduct Authority to… Read More

LendingPoint Announces LoanHero Acquisition: Seeks to Accelerate Expansion to Point-of-Sale & Point-of-Need Financing

Atlanta-based fintech direct loan provider, LendingPoint, announced on Thursday it has acquired point-of-sale finance platform LoanHero. According to LendingPoint, with the combination of LendingPoint’s credit underwriting and risk management expertise, LoanHero will help accelerate LendingPoint’s expansion into point-of-need and point-of-sale financing, with its comprehensive and innovative… Read More

Accenture Completes Acquisition of Full-Service Digital Commerce Agency Altima

Accenture (NYSE: ACN) announced on Monday it has completed its acquisition of Altima, a full-service digital commerce agency, headquartered in France. The company noted that Altima is now part of its Accenture Interactive program. According to Accenture, Altima is known for creating engaging customer experience for… Read More

UK Fintech Stater Holdings Announces Plans to Acquire Blockchain Startup Hashcove Limited

On Friday, UK fintech startup Stater Holdings (also known as Stater Blockchain) announced plans to acquire Hashcove Limited,  a UK blockchain-focused tech company co-founded by Kunal Nandwani. According to Stater Blockchain, Hashcove has deep domain expertise in Smart Contracts and KYC and has customized solutions including the Cove… Read More

New York Fintech AdvisorEngine Acquires Junxure & Secures Additional Growth Funding

On Tuesday, New York-based fintech company AdvisorEngine announced it has acquired CRM Software, Inc., also known as Junxure, a CRM (client relationship management) software provider. The combined company will pair digital solutions with consulting services to help financial advisors use technology as a competitive advantage. According to AdvisorEngine, the acquisition… Read More

Amazon Acquires Kickstarter Funded Home Monitoring Camera Startup Blink

Kickstarter alum and home monitoring camera startup, Blink, recently announced it has been acquired by online retail giant, Amazon. This news comes just two years after the company secured $5.8 million from private investors. As previously reported, Blink surfaced on the crowdfunding platform in 2014 and secured over… Read More

FinTech Acqusition Corp II to Acquire Intermex From Stella Point For Approximately $260 Million

FinTech Acquisition Corp. II (NASDAQ: FNTEU), a blank-check company formed for the purpose of acquiring or merging with one or more businesses or entities in the financial technology industry, announced on Tuesday it has agreed to acquire Intermex, a money transfer services company, for approximately… Read More