Tagged: acquisition

February 5, 2025 @ 7:30 am By Omar Faridi  |  

Paxos, the blockchain and tokenization infrastructure platform, announced it has completed its acquisition of Membrane Finance, an Electronic Money Institution (EMI) based and licensed in Finland. The acquisition received regulatory approval, “making Paxos a fully licensed EMI” in Finland and the EU. Paxos issues USD-backed… Read More

February 4, 2025 @ 10:23 pm By Omar Faridi  |  

ExtractAlpha, a provider of alternative data and analytics solutions, announced the acquisition of ESG Analytics, a platform offering real-time, actionable insights into ESG metrics. This acquisition enhances ExtractAlpha’s commitment to expanding its data-driven solutions, enabling clients to harness ESG insights for improved decision-making. The addition… Read More

February 3, 2025 @ 4:19 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is acquiring Spindl, an onchain ads and attribution platform. Today, it’s too difficult for builders to find quality users/distribution. By acquiring Spindl’s team and tech, they’ll be able to help builders go viral onchain and “find distribution on Coinbase and across the onchain… Read More

January 29, 2025 @ 9:35 pm By Omar Faridi  |  

TravelPerk, the business travel platform, announces a new Series E fundraise of $200m. The investment round is reportedly led by European venture capital firm Atomico, alongside EQT Growth, with participation from Noteus Partners and existing investors, including Kinnevik and General Catalyst. The round “nearly doubles”… Read More

January 28, 2025 @ 10:32 pm By Omar Faridi  |  

Nuvei Corporation, the Canadian fintech company, announces an expansion in Asia-Pacific (APAC), having completed the acquisition of Paywiser Japan Limited, including its acquiring license granted by the Japanese Ministry of Economy, Trade and Industry. The license enables Nuvei to progress with launching direct acquiring capabilities… Read More

January 27, 2025 @ 4:05 pm By Omar Faridi  |  

Jupiter, a Solana-based decentralized exchange aggregator, has made a significant move by acquiring a majority stake in Moonshot, an app that enables users to purchase memecoins using Apple Pay. This acquisition is a strategic step for Jupiter as it expands its ecosystem to cater to… Read More

January 24, 2025 @ 1:29 pm By Omar Faridi  |  

Pomelo Group has completed the acquisition of Singaporean FinTech payments company Arrow Checkout. The firm was established back in 2021 by leading Payments professionals from Grab and Tencent. Arrow offered eCommerce and checkout payments technology, was backed by Y Combinator, and raised funding “from Peak… Read More

January 21, 2025 @ 8:23 am By Omar Faridi  |  

SIX, the provider of fund data in Switzerland, announces the acquisition of Swiss Fund Data (SFD). This acquisition supports SIX’s commitment to the Swiss fund market, ensuring the continued provision of “transparent, reliable, and consistent data for both domestic and foreign funds.” SFD plays a… Read More

January 19, 2025 @ 8:12 pm By Omar Faridi  |  

IG Group Holdings plc is pleased to announce the acquisition of Freetrade, the fast-growing, commission-free, self-directed investment platform, for £160 million. The transaction will strengthen IG’s UK trading and investments offering and provide “access to new customer segments and capabilities.” Breon Corcoran, CEO of IG… Read More

January 15, 2025 @ 4:55 pm By Omar Faridi  |  

Ramirez Asset Management, Inc., a fixed income and equity investment manager serving institutional investors and high net worth investors, has reportedly acquired the private credit opportunities strategy team and their assets from hedge fund manager Avenue Capital Group. The acquisition, which closed on Oct 1,… Read More

January 10, 2025 @ 4:45 pm By Omar Faridi  |  

Zellis, part of the Zellis Group, announces a definitive agreement to acquire elementsuite, an AI-enabled HR software company. As part of the transaction, elementsuite will be combined with Zellis, the provider of payroll and HR software to the UK and Ireland, “creating an end-to-end AI-powered… Read More

January 9, 2025 @ 9:49 pm By Omar Faridi  |  

TransUnion (NYSE:TRU) has signed a definitive agreement to acquire U.K.-based Monevo, a credit prequalification and distribution platform that empowers lenders and banks to deliver personalized credit offers to consumers via comparison sites and other third parties. TransUnion currently owns 30% of the equity of Monevo… Read More

January 8, 2025 @ 8:09 am By Omar Faridi  |  

Elite, a provider of financial management and business operations solutions to the world’s law firms, announced its acquisition of Tranch, a B2B invoice automation and payments platform offering invoice management and payment options for law firms and their clients. Established back in 2021 by Philip… Read More

January 5, 2025 @ 7:11 pm By Omar Faridi  |  

Thomson Reuters Corporation (NYSE: TRI), a global content and technology company, announced it has acquired cPaperless, LLC, doing business as SafeSend, for $600 million in cash. SafeSend is a US-based cloud-native provider of technology for tax and accounting professionals. Established back in 2008, SafeSend automates… Read More

January 5, 2025 @ 7:08 pm By Omar Faridi  |  

Ryan, a global tax services and software provider, is pleased to announce the successful completion of its CAD $700 million acquisition of the property tax services business of Altus Group Limited. With the transaction closed, Ryan reportedly assumes complete ownership of Altus Group’s property tax… Read More

January 5, 2025 @ 6:46 pm By Omar Faridi  |  

Digital assets exchange Coinbase (NASDAQ:COIN) has acquired a license to provide derivatives in European markets via the recently announced acquisition of Bux‘s Cyprus division. Digital currency exchange Coinbase confirmed that it has now acquired a  license as part of its plans for European business expansion… Read More

January 4, 2025 @ 11:38 am By Omar Faridi  |  

FalconX, a digital asset prime broker, announced its acquisition of Arbelos Markets, a trading firm specializing in crypto derivatives led by industry professionals Joshua Lim, Shiliang Tang, and Sergio Almada Monter. FalconX reportedly operates FalconX Bravo Inc., the CFTC approved swap dealer focused on crypto… Read More

December 23, 2024 @ 6:17 pm By Omar Faridi  |  

Visa (NYSE: V) announced it has completed its acquisition of Featurespace, a developer of real-time artificial intelligence (AI) payments protection tech that prevents and mitigates payments fraud and financial crime risks. This will bolster Visa’s fraud protection capabilities and enhance security. Visa will now reportedly… Read More

December 23, 2024 @ 4:05 pm By Omar Faridi  |  

LexisNexis Risk Solutions, part of RELX, has entered into an agreement to acquire IDVerse, a provider of AI-powered automated document authentication and fraud detection solutions. IDVerse will become part of LexisNexis Risk Solutions Business Services. Founded in Australia and launched commercially in 2018, IDVerse uses… Read More

December 22, 2024 @ 5:07 pm By Omar Faridi  |  

The Administrative Council for Economic Defense (CADE) and the Central Bank of Brazil (BCB) have reportedly greenlighted the acquisition of Transfeera, a fintech that is specialized in various payment solutions for businesses, by PayRetailers, a payments processor. The latest transaction is said to be part… Read More