Tagged: acquisition

August 13, 2024 @ 5:33 am By Omar Faridi  |  

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced that TT’s acquisition of START, a broker-neutral trade optimization platform, from Abel Noser Holdings, a majority-owned portfolio company of Estancia Capital Partners, is now complete. This represents the second and final… Read More

August 10, 2024 @ 10:55 am By Omar Faridi  |  

Remote working Fintech Deel announced recently that it will be acquiring Hofy. Deel claims that they are now “bringing the best IT services and device lifecycle management in-house.” According to a blog post by Deel, over the past few years, “running a global HR function… Read More

August 6, 2024 @ 2:42 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI), the Canadian Fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda., a licensed Payment Institution authorized by the Central Bank of Brazil. This strategic milestone is expected “to enhance Nuvei’s capabilities… Read More

August 4, 2024 @ 6:03 am By JD Alois  |  

Pagaya Technologies (NASDAQ: PGY) says it has inked a deal to acquire Theorem Technology. Pagaya is a credit qualification platform that uses alternative methods and artificial intelligence to provide its service. Its methodologies are said to convert around 30% more customers than traditional methods. Theorem… Read More

July 31, 2024 @ 9:21 am By Omar Faridi  |  

ThetaRay, an AI-powered financial crime detection firm, has announced the acquisition of European screening company, Screena. The acquisition is being described as demonstrating ThetaRay’s continuous investment “in proprietary technology and reaffirms its mission of enabling banks, fintechs, and regulators to detect financial crime with state-of-the-art… Read More

July 28, 2024 @ 5:18 pm By Omar Faridi  |  

UniCredit S.p.A. has announced that it has entered into a binding agreement for the acquisition of the entire share capital of Vodeno Sp. z o.o. and Aion Bank NV/SA. The companies combine an innovative, scalable, and flexible cloud-based platform with banking services based “on Aion’s… Read More

July 21, 2024 @ 8:04 pm By Omar Faridi  |  

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, has entered into a definitive agreement to acquire Instinet’s Fox River algorithmic trading business. Fox River provides a comprehensive “suite of algorithmic execution solutions in US and Canadian equities.” These… Read More

July 14, 2024 @ 8:45 pm By Omar Faridi  |  

Envestnet, Inc. (NYSE: ENV), a provider of integrated technology, intelligent data and wealth solutions, announced that it has entered into a definitive agreement to be acquired by Bain Capital in a transaction valuing the company at $4.5 billion ($63.15 per share). Reverence Capital also agreed… Read More

July 12, 2024 @ 5:22 pm By Omar Faridi  |  

insightsoftware, the provider of solutions for the Office of the CFO, announced it acquired LeaseAccelerator, a provider of automated solutions for lease accounting, real estate lease administration, competitive lease sourcing, and lease lifecycle management. The acquisition extends insightsoftware’s market reach in the U.S. and “enhances… Read More

July 5, 2024 @ 3:41 pm By Omar Faridi  |  

Consensys announced the acquisition of Wallet Guard, a user-centric browser extension, security dashboard, and security engine that protects users’ wallets, digital assets and data from theft, scams, and fraud. Through this acquisition, Consensys intends to “integrate Wallet Guard’s capabilities to further bolster MetaMask, the world’s… Read More

July 2, 2024 @ 8:42 pm By Omar Faridi  |  

Nucleus Financial Platforms, one of the UK’s independent, adviser platform groups has announced the completion of the acquisition of Third Financial, following regulatory approval from the Financial Conduct Authority (FCA) in May this year. Third Financial is an investment platform and front-to-back wealth management software… Read More

July 2, 2024 @ 6:32 pm By Omar Faridi  |  

BlackRock, Inc. (NYSE: BLK) has agreed to acquire Preqin, an independent provider of private markets data for £2.55 billion or approximately $3.2 billion in cash. Bringing together Preqin’s data and research tools “with Aladdin’s complementary workflow capabilities in a unified platform will create a preeminent… Read More

July 2, 2024 @ 6:28 pm By Omar Faridi  |  

Acuity Knowledge Partners, a provider of high-value research, analytics and business intelligence solutions to the financial services sector, today announced the acquisition of PPA Group (PPA). PPA is a technology-enabled service provider “to financial institutions in Germany and Switzerland, providing services focused on bespoke structuring… Read More

July 2, 2024 @ 8:59 am By Omar Faridi  |  

Robinhood (NASDAQ: HOOD) has revealed the acquisition of Pluto Capital Inc., described as an artificial intelligence (AI) powered investment research platform that delivers “highly-customized” investment strategies based on customer needs and financial goals. With this strategic acquisition, investors may anticipate “a new era of intelligent, data-driven… Read More

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