Tagged: acquisition

October 11, 2024 @ 12:40 pm By Omar Faridi  |  

The UK Fintech firm Pockit and the pan-European fintech Monese announce that they have agreed terms for Pockit to acquire Monese,a deal that’s currently subject to Change in Control approval by the UK’s Financial Conduct Authority (FCA), creating the fintech for the “financially underserved” and… Read More

October 11, 2024 @ 9:02 am By Omar Faridi  |  

Banked has reportedly gained foothold on Australia’s real-time payments market with the acquisition of Waave, sparking strategic partnership with Chemist Warehouse. Banked’s acquisition of Waave underscores commitment to building a truly global Pay by Bank platform. Waave’s work with Chemist Warehouse in developing Pay by… Read More

October 6, 2024 @ 2:03 pm By Omar Faridi  |  

The Bank of New York Mellon Corporation (BNY) (NYSE: BK), a global financial services company, announced BNY has entered into a definitive agreement to acquire Archer Holdco, LLC, a technology-enabled service provider of managed account solutions to the asset and wealth management industry. Archer provides… Read More

October 2, 2024 @ 7:17 pm By Omar Faridi  |  

Experian, the data and technology company, announced the completion of its A$820 million acquisition of consumer and commercial credit bureau, illion, in Australia and New Zealand. The acquisition and integration of illion’s 500 strong team, data, software and intellectual property into Experian will create a… Read More

September 28, 2024 @ 10:41 am By Omar Faridi  |  

BNP Paribas (EPA: BNP) announces that it has signed an agreement with HSBC (NYSE: HSBC) for the acquisition of their Private Banking activities in Germany, with the ambition to position BNP Paribas Wealth Management among the top leading players in Germany and bringing its AuM1… Read More

September 24, 2024 @ 8:03 am By Omar Faridi  |  

Kraken announced the closing of the Coin Meester B.V. (BCM) acquisition, which is said to be a key element in their European growth strategy. With the acquisition of BCM, one of the Netherlands’ oldest registered crypto brokers, Kraken have expanded their Dutch footprint and enhanced… Read More

September 18, 2024 @ 7:49 am By Omar Faridi  |  

Euronext has reportedly acquired research and market data benchmarking provider Substantive Research. Euronext confirmed that it has acquired 100% of Substantive Research, a company that is providing in-depth transparency on product and pricing comparison “for investment research spend, market data and investment research content.” Founded… Read More

September 11, 2024 @ 8:21 am By Omar Faridi  |  

Nansen has acquired Stakewithus, a non-custodial staking service provider that reports over $80m assets staked by 30,000+ users, supporting over 20 different networks, including Solana, Sui, Celestia, dYdX, and more. With this acquisition, Nansen users should gain access to blockchain data, the ability to monitor… Read More

September 6, 2024 @ 8:35 am By Omar Faridi  |  

Quilter, a FTSE-250 wealth manager,  has agreed to acquire Fintech NuWealth. Quilter states that this acquisition will help it pursue its objective to enhance digital capabilities “to better support customers and advisers.” With this acquisition, Quilter aims to “evolve NuWealth to work with advisers to… Read More

September 4, 2024 @ 8:16 pm By Omar Faridi  |  

Fime, a global firm focused on consulting, testing, and certification services, is pleased to announce the acquisition of Consult Hyperion, a consultancy firm with expertise across payments, smart mobility and digital identity. The acquisition augments and cements Fime’s ability “to deliver comprehensive consulting and advisory… Read More

September 4, 2024 @ 8:07 pm By Omar Faridi  |  

Tabby, the MENA’s shopping and financial services app, has announced it has entered into a definitive agreement to acquire Tweeq, a Saudi-based digital wallet licensed by the Saudi Central Bank (SAMA), during 24 Fintech, Saudi’s flagship fintech event. Tweeq will continue to operate independently, and… Read More

September 3, 2024 @ 1:55 pm By Omar Faridi  |  

Bank payment company GoCardless has completed the acquisition of Sentenial Ltd, operating under the Nuapay brand, from EML Payments Limited (ASX: EML). The deal, which was announced in March, will “significantly scale GoCardless’ indirect channel proposition and fast-track the rollout of new capabilities that will… Read More

August 30, 2024 @ 6:06 pm By Omar Faridi  |  

Givex Corp. announced that it has entered into a definitive arrangement agreement with Shift4 Payments, Inc. pursuant to which Shift4 has agreed to acquire all of the issued and outstanding shares of Givex, by way of a statutory plan of arrangement. Under the terms of… Read More

August 30, 2024 @ 8:25 am By Omar Faridi  |  

UK’s business bank Allica has acquired bridging lender Tuscan Capital, representing Allica’s first foray into the bridging finance market. The Tuscan team, based across the UK, will eventually “integrate fully into the Allica team, benefitting from access to Allica’s funding base and distribution network.” Allica,… Read More

August 25, 2024 @ 6:12 pm By Michael Wong  |  

MoneySmart Group, a personal finance company in Southeast Asia, has rejected MoneyHero Group’s unsolicited, non-binding offer to acquire 100% of its shares. The offer, which MoneySmart’s board deemed neither serious nor credible, was dismissed unanimously due to its misalignment with the company’s strategic objectives and the… Read More

August 24, 2024 @ 7:40 am By Omar Faridi  |  

U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB), has acquired Salucro Healthcare Solutions LLC. The Tempe, Arizona-based company provides healthcare financial technology, focused on patient payments and billing. Founded in 2004, Salucro is a market participant focused on providing online billing and payments offerings… Read More

August 20, 2024 @ 6:27 am By Omar Faridi  |  

Bitwise Asset Management announced the acquisition of ETC Group, a London-based crypto ETP issuer with over $1 billion in assets under management. The news marks Bitwise’s expansion into Europe and “adds nine European-listed crypto ETPs to Bitwise’s broad suite of ETPs, hedge fund solutions, and separately… Read More

August 13, 2024 @ 5:33 am By Omar Faridi  |  

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that TT’s acquisition of START, a broker-neutral trade optimization platform, from Abel Noser Holdings, a majority-owned portfolio company of Estancia Capital Partners, is now complete. This represents the second and final… Read More

August 10, 2024 @ 10:55 am By Omar Faridi  |  

Remote working Fintech Deel announced recently that it will be acquiring Hofy. Deel claims that they are now “bringing the best IT services and device lifecycle management in-house.” According to a blog post by Deel, over the past few years, “running a global HR function… Read More

August 6, 2024 @ 2:42 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI), the Canadian Fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda., a licensed Payment Institution authorized by the Central Bank of Brazil. This strategic milestone is expected “to enhance Nuvei’s capabilities… Read More