Tagged: acquisition

June 30, 2024 @ 10:56 am By Omar Faridi  |  

Nubank (NYSE: NU) announced the acquisition of Hyperplane, a data intelligence company from Silicon Valley. The partnership will usher in a new era for digital banking platforms, “bringing smarter, fairer, and more personalized financial products and services to Nubank’s customers.” Hyperplane, launched in 2022 and… Read More

June 5, 2024 @ 10:05 am By Omar Faridi  |  

HPS (CSE: HPS), a global provider of payment software and solutions, is pleased to announce that it has agreed to acquire CR2, a digital banking and payments software company headquartered in Dublin, Ireland. This strategic transaction underscores HPS’s commitment “to enhancing its digital banking and… Read More

June 3, 2024 @ 6:42 am By Omar Faridi  |  

Talos, the provider of institutional trading technology for digital assets, announced the acquisition of Skolem, a technology provider that enables institutional investors to access decentralized finance (DeFi) markets safely and effectively. The acquisition of Skolem will enhance Talos’s existing platforms “by enabling clients to incorporate… Read More

June 1, 2024 @ 10:49 am By Michael Wong  |  

Virrtue, a Texas-based finance and accounting business process outsourcing (BPO) company, announced its acquisition of Virgate, a technology-driven accounting services firm based in Gloucester, England. This move is set to enhance Virrtue’s technological capabilities and expand its footprint in the UK and European markets. Arvind… Read More

May 29, 2024 @ 5:39 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT) announced that it has made a proposal to the Bitfarms Board of Directors to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ: BITF) at a price of US$2.30 per Bitfarms common share. Riot also announced that it has… Read More

May 25, 2024 @ 8:39 am By Omar Faridi  |  

Nucleus Financial Platforms, which claims to be one of the UK’s largest adviser platform groups with £89bn of assets under administration (AUA) from 235,000 customers, has received approval from the Financial Conduct Authority (FCA) for the acquisition of Third Financial. Third Financial is an investment… Read More

May 24, 2024 @ 3:33 pm By Omar Faridi  |  

UK digital bank Chetwood Financial has completed the acquisition of the buy to let mortgage lender CHL Mortgages for Intermediaries (CMI) from Barossa Asset Purchaser Sarl. Chetwood entered a competitive bidding process “to acquire the lender, which trades as CHL Mortgages, to grow a well-regarded… Read More

May 8, 2024 @ 9:28 am By Omar Faridi  |  

Corlytics, a regulatory intelligence and policy compliance tech provider, has acquired a digital Regtech platform from Deloitte UK. The marriage of the two platforms is described as transformational, “completing the cycle of regulatory assessment and implementation.” The announcement closely “follows Verdane’s majority stake investment last… Read More

May 3, 2024 @ 7:03 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has agreed to acquire Parsionate, a data consultancy specialized in data products and modern data foundation services, ranging from data strategy development to technology implementation. With deep industry-specific capabilities in the retail and industrial sector, as well as in the consumer goods… Read More

April 21, 2024 @ 12:46 pm By Omar Faridi  |  

Accenture Federal Services has entered into an agreement to acquire Cognosante, a mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies. Founded in 2008 by Michele Kang, Cognosante has grown “to become a trusted provider of innovative… Read More

April 20, 2024 @ 7:52 am By Omar Faridi  |  

SRM Europe, a subsidiary of SRM (Strategic Resource Management, Inc.) providing business advisory services across the United Kingdom and Europe, is pleased to announce the acquisition of Accourt Payments Specialists, a provider of payments consulting and strategic services. With a strong track record in payments,… Read More

April 11, 2024 @ 1:51 pm By Omar Faridi  |  

EQT is pleased to announce that EQT Mid Market Europe, together with its co-shareholders, has agreed to sell Rimes to the Five Arrows Long Term Fund and Five Arrows Principal Investments. Five Arrows is the alternative assets arm of Rothschild & Co. Founded in 1996,… Read More

April 10, 2024 @ 9:39 pm By Omar Faridi  |  

Entrust, a global enabler of trusted payments, identities, and data security, announced that it has completed its acquisition of Onfido, a global leader in identity verification. With this completed acquisition, Entrust now “provides the industry’s most comprehensive portfolio of AI-powered, identity-centric security solutions.” Terms of… Read More

April 10, 2024 @ 8:22 am By Omar Faridi  |  

Accenture (NYSE: ACN) has acquired Axis Corporate, a Spanish management and technology business consulting firm specialized in financial services. Axis Corporate enhances Accenture’s strategy and technology offerings “that enable companies in Spain to reinvent their business models, more effectively manage costs and develop new products… Read More

April 1, 2024 @ 12:35 pm By Omar Faridi  |  

SIX announced that it had acquired a majority stake in FactEntry, a global provider of fixed-income reference data, analytics, and solutions for financial market participants. SIX is the the stock exchange of Switzerland. This strategic acquisition significantly enhances SIX’s data offering and aligns “with its… Read More

March 19, 2024 @ 8:46 am By Omar Faridi  |  

nCino, Inc. (NASDAQ: NCNO), a firm focused on Cloud banking for the global financial services industry, announced that it has signed a definitive agreement to acquire DocFox, a solution provider automating onboarding experiences for commercial and business banking. DocFox’s technology helps simplify and automate “the… Read More

March 19, 2024 @ 7:14 am By Omar Faridi  |  

CoinShares International Limited (Nasdaq Stockholm: CS), the European investment company specializing in digital assets, announced the completion of its acquisition of Valkyrie Funds LLC, the investment advisory business of Valkyrie Investments Inc., as well as the Sponsor rights to the Valkyrie Bitcoin Fund, the physically-backed… Read More

March 16, 2024 @ 3:09 pm By Omar Faridi  |  

GoCardless, the bank payment company, has signed an agreement to acquire Sentenial Ltd, operating globally under the Nuapay brand, from EML Payments Limited (ASX: EML) subject to regulatory approvals. The acquisition will significantly scale GoCardless’ indirect channel proposition, consolidating its position as “a key payment… Read More

March 15, 2024 @ 8:32 am By Omar Faridi  |  

Levenue, a revenue-based financing company, has acquired MidFunder, a Zurich-based Fintech that provides financing for companies with recurring revenue. The acquisition marks a strategic move to enhance its Swiss operations. As entrepreneurs and early-stage investors, Patrick Frei, Founder of MidFunder, and Pascal Schumperli, Co-Founder, identified… Read More

March 15, 2024 @ 8:27 am By Omar Faridi  |  

ANNA is announcing that they’ve acquired GetCape, a Sydney-based fintech that operates as a business spend management platform. The acquisition signals ANNA’s aim to “create a new SaaS (software as a service) category to take on Australia’s ‘big four’ banks, ANZ, CommBank, NAB and Westpac,… Read More