Tagged: acquisition

Cross-Border Payments Fintech Thunes Acquires Limonitek, a European Payment Service Platform

Cross-border payments Fintech Thunes revealed earlier this week that it acquired Limonetik, a European Payment Methods Platform. The latest acquisition by Thunes should complement the Fintech firm’s existing cross-border payments solutions by enabling companies or businesses to get paid in 70 different countries, using more… Read More

Indian Fintech Razorpay Acquires TERA Finlabs to Strengthen Underwriting and Collections

Indian fintech firm Razorpay has acquired a lending startup TERA Finlabs for an undisclosed amount. TERA Finlabs, based in Bengaluru in India, is a subsidiary of UK-based digital lender Gain Credit. It provides technology-based solutions, such as risk management, customer onboarding, verification, underwriting, and collections,… Read More

Australia’s Neobank Volt to Acquire Neo-lending Platform Australian Mortgage

Australia’s first neobank Volt has reportedly acquired neo-lending platform Australian Mortgage, enabling it to provide “fully-verified” approval times of less than 15 minutes on its new digital mortgage product. As mentioned in a release shared with CI: “This is a material improvement compared to many… Read More

Australia Stock Exchange listed Cirralto Ltd to Acquire Sydney based Fintech Invigo Pty Ltd

Cirralto Limited (ASX: CRO) has committed to a binding share sale agreement in order to acquire Sydney-headquartered Fintech firm, Invigo Pty Ltd. with a completion date of July 12, 2021. The deal is currently subject to the fulfillment of conditions precedent under the SSA. The… Read More

European Digital Asset Manager CoinShares Is Acquiring Global Blockchain Equity Index

Leading European digital asset manager CoinShares will be acquiring Global Blockchain Equity Index, according to a release. As noted in the announcement, dated July 6, 2021, CoinShares is set to expand its footprint into equities market with its acquisition of the exchange-traded -fund or ETF… Read More

JPMorgan to Acquire OpenInvest, a Provider of ESG Tools for Wealth Management Sector

JPMorgan (NYSE:JPM) has reportedly decided to acquire OpenInvest, which is a provider of ESG tools for the wealth management sector. Supported by investments from VC firm Andreessen Horowitz, Y Combinator, QED, and others, OpenInvest was established back in 2015 with a special focus on assisting… Read More

Global Fintech as a Service Provider Rapyd to Acquire Valitor, an Icelandic Payments Solutions Firm

Rapyd, a multinational Fintech as a Service (FaaS) provider, has entered into a definitive agreement with Arion Banki (Arion Bank) in order to acquire Valitor, an Icelandic payments solutions firm. As confirmed in a release shared with Crowdfund Insider, the deal size is $100 million… Read More

Wells Fargo Acquires Stake in Compliance and Security Solutions Fintech Theta Lake

Wells Fargo (NYSE: WFC) has reportedly acquired a stake in Theta Lake, an established provider of compliance and security solutions for chat, video, and voice collaboration tools. Theta Lake aims to support the hybrid working trends that are becoming quite popular, especially after the COVID… Read More

Indian Lenders IDBI Intech to Expand Operations to Europe, SE Asia

IDBI Intech Ltd, the technology services arm of Indian lender IDBI Bank, is looking to expand its operations into markets such as Europe, South East Asia, and Japan. The company, which provides tech and digital regulatory compliance services, is looking to acquire a few fintech… Read More

B2B Proptech PriceHubble Makes its Fourth Acquisition by Adding Czech Proptech Realtify

PriceHubble, a B2B Proptech firm, has finalized its fourth acquisition by adding Czech Proptech company Realtify. Pricehubble is currently operating in nine different countries. As noted by its management: “PriceHubble is a PropTech company, set to radically improve the understanding and transparency of real estate… Read More

Riverside Company Acquires Controlling Stake in Cryptomathic, a Danish Provider of Hardware Agnostic Secure Server Solutions

The Riverside Company, a multinational private investor that’s focused on the smaller end of the middle market, announced recently that it has acquired a controlling stake in Cryptomathic, a Danish provider of high-end hardware agnostic secure server solutions. Cryptomathic provides solutions to various industry sectors, … Read More

Visa to Acquire European Open Banking Fintech Tink for €1.8B, Transaction Subject to Regulatory Clearance

Visa (NYSE: V) will be acquiring European Open Banking Fintech Tink for €1.8 billion. The acquisition should help with filling a Plaid-shaped hole in Visa’s existing portfolio after a $5.4 billion deal to acquire the financial data-sharing firm was unsuccessful (following pushback from regulatory authorities)…. Read More

Risk Management Solution Provider Foreside Acquires Hardin Compliance Consulting, which Offers Customized Regtech Solutions

Foreside Financial Group, LLC, provider of governance, risk management, and compliance (GRC) solutions and tech offerings to customers in the global asset and wealth management sector, has reportedly acquired Hardin Compliance Consulting, LLC. The combined entity has now established one of the largest compliance consulting… Read More

Fintech Stash, a Subscription Platform for Building Wealth, Acquires PayGrade, a Financial Literacy App for Students

Stash, the subscription platform that aims to empower middle-class America to build wealth via innovative investing and banking products, has acquired PayGrade, a financial literacy platform assisting students with adopting healthy financial habits. As mentioned in an update shared with CI, the addition of PayGrade… Read More

Leading Fintech Cross River Bank Acquires PeerIQ

Cross River Bank has acquired PeerIQ, the leading data and analytics provider for the online lending industry. According to a release, Synthetic P2P Holdings Corporation (dba PeerIQ) was acquired during Q1 of 2021 for an undisclosed amount. Cross River Bank has emerged as the top… Read More

Fintech Holding Firm APPS Acquires Cloud enabled Software Company Clique Payments

Atlantic-Pacific Processing Systems NV, Corp. (APPS), a Fintech holding company offering technology and financial services, has reportedly acquired Cloud-enabled software firm Clique Payments, Inc. The acquisition should allow APPS to further expand its enterprise resource planning and accounting payments integrations solutions to include QuickBooks, FreshBooks,… Read More

Mexican Fintech Credijusto, an SME Lending Platform, Acquires Local Bank Banco Finterra for Under $50M

Mexico-based Fintech firm Credijusto, an SME lending solution provider, has confirmed its acquisition of a local banking provider, Banco Finterra which focuses on offering financing solutions for small businesses and the country’s agriculture industry. Credijusto acquired the regulated banking institution in a deal valued at… Read More

Regtech: European Regulatory, Risk Tech Provider BearingPoint Acquires Dublin’s Vizor Software

Regtech firm BearingPoint, a European provider of regulatory, risk, and supervisory tech solutions, has reportedly acquired Ireland’s Vizor Software, a regulatory and supervisory technology provider. The amount paid for the acquisition has not been shared publicly. The management at Vizor will continue to lead the… Read More

TrustSwap Acquires The Crypto App

TrustSwap, a full-service digital asset ecosystem, this week acquired The Crypto App, a cryptocurrency mobile app featuring tracking services from more than 3,000 cryptocurrency assets and 100-plus exchanges. Since its debut in 2017, The Crypto App has close to two million downloads and more than… Read More

Gemini Completes Acquisition of Shard X, a Developer of Secure Multi-Party Computation Crypto Tech

Tyler Winklevoss, CEO at digital asset firm Gemini, recently noted that the company is pleased to confirm that they have completed the acquisition of Shard X, a developer of secure multi-party computation (MPC) cryptographic technology. As mentioned in the announcement, Gemini will be integrating Shard… Read More

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