Tagged: acquisition

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

Global Payments Solutions Provider TSYS to Acquire Fintech Firm Cayan For $1.05 Billion

TSYS (NYSE: TSS), a global payments solutions provider across the issuing, merchant and prepaid industries, announced on Monday it has entered into an agreement to acquire fintech firm Cayan in an all-cash transaction valued at approximately $1.05 billion. According to TSYS, the transaction is expected… Read More

Indonesian Digital Wallet Platform GO-JEK Acquires Three Fintech Startups

On Friday, Indonesia-based on-demand application service and digital wallet platform GO-JEK announced it has acquired three fintech startups. The three fintechs that GO-JEK acquired are Kartuku, offline payment service company; Midtrans, online payment gateway company; and Mapan, a goods sharing network. According to the company, the acquisitions… Read More

California Fintech Edge Mobile Payments Announces Acquisition of Plastc

On Thursday, California fintech Edge Mobile Payments announced it has acquired digital payments company Plastc as it prepares to enhance its smartcard technology platform. The new acquisition will also enable Edge to build on Plastc’s progress and accelerate the release of its upcoming Edge Card…. Read More

Canadian Fintech Wealthica Announces Stockchase Acquisition

Canadian fintech startup Wealthica announced on Tuesday it has acquired online investment publication, Stockchase. According to Wealthica, Stockchase receives more than 100,000 visitors per month and is considered one of Canada’s top finance websites.  While sharing details about the publication’s development and acquisition, Stockchase co-founder Chris Bruner,… Read More

Chase Completes WePay Acquisition

Just a couple months after JPMorgan Chase (NYSE: JPM) announced it was acquiring WePay, the payments platform revealed that has officially become a Chase company. WePay stated that it will continue to provide integrated payments to global software platforms. It will also provide instant merchant onboarding… Read More

Kickstarter Relaunches Community For Artist & Creators Drip

Less than two years after Kickstarter announced it has acquired Drip, the crowdfunding giant announced it has relaunched the artist community platform. As previously reported, Drip was described as a curated platform that gives creators and communities a place to interact through a sustained subscription. The… Read More

A Day Late & a Dollar Short? SoFi Reportedly Spoke with Schwab, Others About Acquisition

SoFi (or Social Finance) held talks with Charles Schwab about a potential acquisition earlier this year. The high-profile Fintech firm apparently discussed an $8 billion valuation following an “indicative offer of $6 billion” from a foreign bank. This is according to a report in the… Read More

California Fintech FastPay Announces AnchorOps Acquisition

FastPay, a California-based fintech company that provides lending and financial workflow solutions to digital businesses, announced on Wednesday it has acquired AnchorOps, a provider of electronic payment solutions for media buyers.  While sharing details about the acquisition, Jed Simon, CEO and Founder of FastPay stated: “We’ve been impressed… Read More

Blackbaud Completes JustGiving Acquisition

Blackbaud, Inc. (NASDAQ: BLKB), a cloud software company powering social good, announced on Tuesday it has completed its acquisition of U.K.-based crowdfunding platform, JustGiving. The acquisition, which was announced earlier this summer, will notably enhance Blackbaud’s capabilities to serve both individual donors and nonprofits, expanding… Read More

LendingTree Announces Acquisition of SnapCap’s Non-Lending Assets

LendingTree, Inc. (NASDAQ: TREE) announced on Tuesday it has acquired certain assets of Snap Capital LLC, a tech-enabled online platform connecting business owners with lenders offering small business loans, lines of credit and merchant cash advance products through a concierge-based sales approach. While sharing details about the… Read More

Former Acquire Real Estate CEO: “When We Decided to Sell the Company, it Became Apparent that RealtyShares Was the Right Choice”

Last month, Real estate crowdfunding platform RealtyShares announced it acquired technology-first, marketplace platform Acquire Real Estate. The funding portal described Acquire as an innovative rival that has set a bar for product development within the industry. The company focused on developing industry-first products to serve its commercial sponsors and investors, keeping the platform… Read More

PayPal Buys SME Lender Swift Financial

PayPal has acquired Swift Financial (not to be confused with Swift the global banking messaging platform). The purchase will buttress PayPal Working Capital, a lending segment of PayPal that provides SMEs access to capital. Headquartered in Delaware, Swift Financial was established in 2006 to provide… Read More