Tagged: acquisition

June 21, 2025 @ 12:49 pm By Omar Faridi  |  

Zellis Group, a provider of AI-enabled HR, workforce management, payroll and benefits, announced the acquisition of Hastee, a financial wellbeing platform that empowers employees to take control of their financial lives through earned wage access, financial education, savings and comprehensive money management tools. This acquisition… Read More

June 21, 2025 @ 9:42 am By Omar Faridi  |  

Verso, the wealth management consolidator, has developed a strategic partnership with Nucleus, which is key to supporting its growth plans. The Verso platform, with the technology provided by Nucleus, is a tailored, enterprise-level solution developed to “improve the user experience for its adviser base, in… Read More

June 20, 2025 @ 12:33 pm By Omar Faridi  |  

Betterment, which claims to be the largest independent digital investment advisor in the U.S., announced the acquisition of Rowboat Advisors, a  provider of portfolio management software with advanced capabilities in direct indexing, tax optimization, and personalized investing. The acquisition strengthens Betterment’s technology platform and accelerates… Read More

June 13, 2025 @ 5:11 am By Omar Faridi  |  

PhonePe Limited announced an IP purchase of conversational engagement platform Gupshup’s proprietary ‘GSPay’ technology stack for enabling UPI-based payments for feature phones. GSPay is a mobile application built “on top of NPCI’s UPI payment solution for feature phones (UPI 123PAY).” PhonePe plans to customize and… Read More

June 12, 2025 @ 4:38 pm By Omar Faridi  |  

Financial infrastructure Fintech Stripe announced its acquisition of Privy, a crypto wallet infrastructure startup, marking a significant step in its expansion into the digital asset space. This move, following Stripe’s $1.1 billion acquisition of stablecoin platform Bridge earlier in 2025, underscores the company’s commitment to… Read More

June 11, 2025 @ 2:31 pm By Omar Faridi  |  

Netcapital Inc. (NCPL, NCPLW), a Boston-based Fintech in the online investment sector, says it is making significant strides in democratizing private capital markets. Through a series of acquisitions and platform enhancements announced in recent press releases, the company is reinforcing its mission to empower entrepreneurs… Read More

June 10, 2025 @ 7:48 am By Omar Faridi  |  

In a move that may improve the UK startup ecosystem, London-based legaltech firm SeedLegals has acquired The Pitch, a platform that connects early-stage entrepreneurs with investors through lively live events. This acquisition reflects a trend toward integrated support services, blending legal, financial, and networking solutions… Read More

June 9, 2025 @ 9:27 pm By Omar Faridi  |  

Fiserv, Inc. (NYSE: FI), a global provider of payments and financial services technology, announced that it has agreed to acquire the remaining 49.9% of AIB Merchant Services (AIBMS), its joint venture with AIB Group, in a transaction focused on driving continued growth in Ireland and… Read More

June 8, 2025 @ 4:00 pm By Omar Faridi  |  

Consensys, an Ethereum and web3 software technology company, today announced the acquisition of Web3Auth, a provider of key management and embedded wallet infrastructure for web3 applications. This acquisition will improve MetaMask user experience by “addressing one of the biggest risks in self-custody today: seed phrase… Read More

May 25, 2025 @ 10:45 pm By Michael Wong  |  

BetaNXT, a technology provider for the wealth management industry, has acquired Delta Data, a specialist in global investment fund solutions, in a move to broaden its capabilities and strengthen its position in the financial services technology ecosystem. The acquisition, made through certain affiliates of BetaNXT,… Read More

May 21, 2025 @ 6:16 pm By Omar Faridi  |  

Capital One Financial Corporation (NYSE: COF) announced that it has completed its acquisition of Discover Financial Services. Richard D. Fairbank, Founder and CEO of Capital One said: “This deal brings together two innovative, mission-driven companies that together are poised to deliver breakthrough products and experiences… Read More

May 21, 2025 @ 6:55 am By Omar Faridi  |  

Addepar, the technology and data platform for wealth, investment, and asset management, announced the acquisition of Arcus, an innovator in enterprise AI workflows. This move accelerates Addepar’s technology roadmap to “embed sophisticated artificial intelligence (AI) and machine learning (ML) across its platform, supported by the… Read More

May 20, 2025 @ 11:13 pm By Omar Faridi  |  

The Canadian Securities Exchange announced that it has entered into an agreement with NSX Limited (ASX:NSX), parent company of the National Stock Exchange of Australia, to acquire, pursuant to “a Scheme of Arrangement, NSX for all-cash consideration of AUD$0.035 per fully paid ordinary share.” The… Read More

May 18, 2025 @ 10:21 am By Omar Faridi  |  

With the acquisition of Finanzportal24, Etops says that it strengthens its position in the market for digital wealth advisory and will offer financial service providers — “including independent financial advisors, intermediaries, as well as banks and insurance companies — an even broader range of integrated… Read More

May 14, 2025 @ 4:00 pm By Omar Faridi  |  

iCapital, the fintech platform transforming the investment industry for better outcomes, and Citi announced that iCapital is acquiring from Citi one of its indirect subsidiaries, Citi Global Alternatives, LLC, the advisor to Citi Wealth’s global alternative investment fund platform. This platform represents more than “180… Read More

May 13, 2025 @ 7:46 am By JD Alois  |  

Robinhood (NASDAQ: HOOD) has signed an agreement to acquire WonderFi (TSX: WNDR) (OTCQB: WONDF) in a move designed to boost its presence in Canada. WonderFi will become part of Robinhood Crypto, the company’s digital asset subsidiary. In a blog post, Robinhood said that WonderFi operates… Read More

May 13, 2025 @ 7:23 am By Omar Faridi  |  

Anchorage Digital will reportedly be acquiring Mountain Protocol in order to accelerate institutional adoption of stablecoins. This acquisition aims to empower institutions to become key players focused on stablecoins and digital assets. Stablecoins are fueling the next era of global finance—”with low-cost, 24/7 value transfers… Read More

May 7, 2025 @ 9:42 am By JD Alois  |  

AvidXchange (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses, has been sold for $2.2 billion. The purchaser was a group led by TPG (NASDAQ: TPG), an alternative asset manager with around $250 billion in AUM. Corpay (NYSE:… Read More

May 7, 2025 @ 7:57 am By Omar Faridi  |  

Employer.com has recently announced its strategic acquisition of Fintech startup MainStreet.com for an undisclosed sum. This acquisition marks the latest chapter in Employer.com’s ongoing strategy to bolster its technological capabilities and expand its footprint in the financial technology sector. The deal, finalized recently, underscores the… Read More

May 4, 2025 @ 9:07 pm By Omar Faridi  |  

Tether, the issuer of the world’s largest stablecoin USDT by market cap and overall transaction volume / adoption, has made strides in the first quarter of 2025, reinforcing its role in the increasingly competitive cryptocurrency market while also expanding its role into traditional finance, sustainable… Read More