Tagged: acquisition

Intuit Set to Acquire Mailchimp for $12B in Cash and Stock

Intuit (Nasdaq: INTU), the international tech platform that develops TurboTax, QuickBooks, Mint, and Credit Karma, reveals that it will be acquiring Mailchimp, an established customer engagement and marketing service for SMEs. The planned Mailchimp acquisition for around $12 billion in cash and stock aims to… Read More

Payments Fintech FortisPay Acquires OmniFund, a Cloud based Payment as a Service Platform

Fortis Payment Systems, LLC, a payment tech provider for businesses, independent software vendors (ISVs) and developers, reveals that it has acquired OmniFund, whose Cloud-powered Payments-as-a-Platform service is being leveraged by software and enterprise resource planning ERP solutions. Established in 2005, Omni is focused on offering… Read More

ION Markets Acquires Clarus Financial Technology, an SaaS Analytics, Data Provider for Derivatives

ION’s XTP offering will be expanded with real-time margin and risk management and monitoring services for cleared and uncleared OTC derivatives. ION Markets, an international provider of analytics, trading, and risk management solutions for capital markets, has confirmed its acquisition of Clarus Financial Technology, a… Read More

Global Payments to Acquire MineralTree, An Accounts Payable Automation Firm

Global Payments Inc. (NYSE: GPN), a provider of payment tech and software services, has entered an agreement to acquire MineralTree, a provider of accounts payable automation and B2B payments solutions, from an investor group that’s led by Great Hill Partners, .406 Ventures and Eight Roads… Read More

SIX Swiss Stock Exchange to Acquire Stake in REGIS-TR from Joint Venture Partner Clearstream

SIX, the Swiss Stock Exchange which is Europe’s 3rd-largest stock exchange and one of the industry’s most-respected post-trade providers, will be acquiring a 50% stake in REGIS-TR from joint venture partner Clearstream Iberclear, part of SIX, in order to become the “sole shareholder” of Regis-TR… Read More

Payments Company Paysafe Enters Agreement to Acquire German Fintech viafintech

Paysafe (NYSE:PSFE), a specialized payments platform, reveals that it has entered a definitive agreement to acquire German Fintech firm, viafintech, in an “all-cash transaction.” viafintech, known under the brands of Barzahlen/viacash and viacash, provides the largest, “bank independent,” payments infrastructure in the DACH region, “allowing… Read More

Revenue Group Subsidiary Revenue Harvest Acquires 25% Stake in Malaysia based Insurtech Vsure.life

Malaysian Insurtech company VSure.life has reportedly acquired a RM12 million (appr. $2.83 million) investment from ACE market-listed Revenue Group via its wholly-owned subsidiary Revenue Harvest (as well as being approved by Bank Negara Malaysia’s or BNM, the nation’s central bank to take part in its… Read More

Low Code Software with A Service Platform CLEVR Acquires Digitread, a Product Lifecycle Management System

CLEVR, the low-code and no-code software-with-a-service specialist, reveals that it has acquired Digitread, one of the emerging companies focused on Product Lifecycle Management (PLM) system integration and a “platinum-level” solution partner of Siemens. The acquisition should help raise CLEVR‘s profile and support its geographic and… Read More

Global Payments Fintech Paysafe to Acquire SafetyPay for $441M in All-Cash Deal

Paysafe (NYSE:PSFE), a specialized payments platform, reveals that it has entered an agreement to acquire SafetyPay for $441 million as part of an all-cash deal. SafetyPay is an established payments platform that allows digital commerce transactions through various Open Banking and electronic cash solutions, operating… Read More

Retail Investing App Robinhood to Acquire Say for $140 Million

Retail investing and trading service app Robinhood (NASDAQ:HOOD) said it would acquire Say Technologies for $140 million in an all-cash deal. Founded in 2017 by Alex Lebow, Jeff Cruttenden, Julio Fredes,  Noah Kerner, and Zachary Hascoe, Say Technologies is a technology platform that empowers shareholders… Read More

Symphony, the Markets Infrastructure Platform, to Offer Verified Directory for Financial Services Sector after Streetlinx Acquisition

Symphony, the market’s infrastructure and technology platform, confirmed that it will now provide a complete, secure and verified directory for the financial services sector as it has acquired StreetLinx, a counterparty mapping platform. This acquisition adds more than 200 institutional counterparties to the 1000+ institutions… Read More

Payments Fintech Square to Acquire Australia’s Leading BNPL Firm Afterpay for $29 Billion

Fintech giant Square (NYSE:SQ) will be acquiring Australia-based Buy Now, Pay Later or BNLP firm Afterpay for $29 billion. For payments Fintech Square, this deal should serve as a key opportunity to enter the fast-growing BNPL market that is now challenging the traditional merchant card-based… Read More

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

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