Tagged: acquisition

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

Digital Challenger Bank Tandem to Acquire 100% of Harrods Bank

This is an interesting twist in the digital only challenger bank space, Tandem, one of the leading online banks, announced it will acquire 100% of Harrods Bank.  If the deal is approved by regulators, this will bring £80 million of capital into the combined business…. Read More

RealtyShares Announces Acquire Real Estate Acquisition: Seeks To Accelerate Next Phase Of Innovation

Real estate crowdfunding platform RealtyShares announced on Thursday it has acquired technology-first, marketplace platform Acquire Real Estate. RealtyShares describes Acquire Real Estate as an innovative rival that has set a bar for product development within the industry. According to the funding portal, Acquire Real Estate was led by… Read More

Blackstone Looks to Acquire as Paysafe Picks Up Merchants’ Choice Payment Solutions for $470 million

Global payment solution provider, Paysafe Group plc (LSE: PAYS.L), announced on Friday it has acquired Delta Card Services Inc., the holding company for Texas payment processor Merchants’ Choice Payment Solutions (MCPS), for $470 million. According to Paysafe, MCPS is a data-focused full-service payment processor for merchants… Read More

Chinese P2P Dianrong Announces Acquisition of Quark Finance

Chinese peer-to-peer lending platform Dianrong announced on Wednesday it has acquired Quark Finance’s asset-origination operations. According to the online lender, the transaction will expand and strengthen its existing asset generation capabilities across Asia. Dianrong reported that Quark Finance currently operates 71 borrower service centers in 47 Chinese… Read More

Vantiv Offers $10 Billion Towards Acquisition of London Fintech Firm Worldpay

Worldpay Group, a British payment processing firm, announced on Wednesday that Vantiv has offered $10 billion towards the fintech company’s acquisition. The companies revealed in a joint statement: “The Boards of Worldpay and Vantiv see compelling strategic, commercial and financial rationale for combining Worldpay and… Read More

Sold! KissKissBankBank Acquired by La Banque Postale

KissKissBankBank, an early entrant in the French Fintech scene and an active platform for capital formation with both online lending and crowdfunding, has been sold to La Banque Postale. KissKissBankBank has helped to finance 27,000 projects to date having raised approximately €83 million from a community… Read More

Cloud Software Company Blackbaud to Acquire Charity Crowdfunding Platform JustGiving

Cloud software company Blackbaud, Inc. (NASDAQ: BLKB) announced on Monday it has entered into an agreement to acquire UK-based charity crowdfunding platform, JustGiving. The acquisition will notably enhance Blackbaud’s capabilities to serve both individual donors and nonprofits, expanding the peer-to-peer fundraising capabilities Blackbaud offers today through… Read More

Following DepositAccounts Acquisition: LendingTree Subsidiary Purchases MagnifyMoney

LendingTree, Inc. (NASDAQ: TREE) announced on Tuesday its subsidiary, LendingTree, LLC, has acquired the company behind consumer-facing media property platform, MagnifyMoney. This news comes just days after LendingTree announced it acquired DepositAccounts.com. According to LendingTree, the acquisition purchase has a possible total consideration of $29.5… Read More

LendingTree Announces DepositAccounts.com Acquisition

On Friday, LendingTree, Inc. (NASDAQ: TREE) announced it has acquired certain assets of DepositAccounts.com, a leading consumer-facing media property in the depository industry. According to LendingTree, DepositAccounts.com is considered one of the most comprehensive sources of depository deals and analysis online, covering all major deposit product… Read More

KPMG Acquires Global Fintech Innovation & Matchmaking Platform Matchi

KPMG International announced on Wednesday it has acquired Matchi, a global fintech innovation and matchmaking platform that connects financial institutions, including banks and insurance companies, with leading-edge financial services technology solutions and companies worldwide. According to KPMG, the Matchi platform includes over 700 curated fintech solutions… Read More

Real Estate Crowdfunding Platform Brelion Acquires PeerRealty

Ohio-based real estate crowdfunding platform Brelion announced on Thursday it has completed its acquisition of PeerRealty. The funding portal revealed that this acquisition is expected to strengthen the core offerings of both companies along with creating more resources for real estate investors and commercial developers…. Read More

ApplePie Capital Acquires Funding Solutions & Appoints New Chief Development Officer

ApplePie Capital announced on Wednesday the acquisition of Funding Solutions, LLC, a national franchise lending consultancy that specializes in SBA, conventional and equipment finance loans, and the appointment of Ronald Feldman, who was named chief development officer. While sharing details about the acquisition and appointment, Denise Thomas,… Read More

YouCaring Announces GiveForward Acquisition

YouCaring announced on Wednesday it has acquired crowdfunding platform, GiveForward. Since its launch in 2008, GiveForward has notably helped people raise nearly $200 million through its portal for medical expenses. YouCaring reported that the GiveForward acquisition will expand its fundraising and donor reach. For the GiveForward community, YouCaring… Read More

Zoopla Acquires Residential Property Market Insight & Analytics Provider Hometrack

Zoopla Property Group (LSE:ZPLA) announced on Tuesday it has agreed to acquire Hometrack, a provider of residential property market insights and analytics. Hometrack, which was established in 1999, notably provide residential property market insights, analytics, valuations and data services to over 400 partners including mortgage lenders, new… Read More