Tagged: acquisition

Fintech Firm Fiserv Acquires Skytef, Broadens Network of Partners in Brazil

Fiserv, Inc. (NYSE: FI), a global leader in payments and financial technology, announces the acquisition of Skytef, primary distributor of Software Express’s SiTef (Solução Inteligente de Transferência Eletrônica de Fundos), from Fiserv, the leading Electronic Funds Transfer solution in Brazil. Through the acquisition Fiserv strengthens… Read More

European Neo-Insurer Getsafe to Acquire German Client Base of French Insurtech Luko

Getsafe, Europe’s neo-insurer based in Germany, has entered into an agreement to acquire the German customer base of French insurtech Luko. With over 550,000 customers across Germany, the UK, France, and Austria, Getsafe “is rapidly expanding its reach in Europe.” The acquisition covers Luko’s entire… Read More

Digital Asset Firm Kraken to Acquire Dutch Crypto Broker BCM

Kraken is pleased to announce their planned acquisition of Coin Meester B.V. (BCM) in the Netherlands. The deal highlights our commitment “to growing their business in Europe by leveraging our strong financial position and highly competitive product offering.” Founded in 2017, BCM claims it is… Read More

Cisco to Acquire Cybersecurity Firm Splunk in $28bn Deal

Cisco has confirmed its plans to acquire Nasdaq-listed cybersecurity and observability major Splunk for $157 per share in cash, totaling a whopping $28 billion equity value. Gary Steele, Splunk’s current President and CEO, will soon be integrated into Cisco’s Executive Leadership Team, directly under Chair… Read More

European Fintech Recharge Begins Consolidation of Prepaid Payments Market

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Recharge, a firm focused on the prepaid payments industry, has announced its successful acquisition of Startselect, a European digital gift and gaming cards company. This move reportedly positions the company on course “to generate 750 million EUR in annual sales in 2024.” Since 2010 Recharge… Read More

Citi Selects Foro Holdings to Scale Bridge Built by Citi Platform via Strategic Acquisition

Citi (NYSE: C) announced the acquisition of its Bridge built by Citi® platform (“Bridge”) by Foro Holdings, Inc. (Foro), a Charlotte-based commercial lending services provider. As part of the transaction, Citi contributed Bridge to Foro and “joined Foro’s investors, including TTV Capital (TTV), US Bank… Read More

UK’s Nucleus Financial Platforms, an Independent Adviser Platform, Announces Acquisition of Curtis Banks Group

Nucleus Financial Platforms, one of the UK’s independent adviser platforms, have announced that its acquisition of the Curtis Banks Group has received all necessary regulatory approvals. The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA), and Solicitors Regulation Authority (SRA) have all “issued their approvals,… Read More

NYSE Chairman Jeffrey Sprecher Bets Big on Streamlining Mortgage Process

The individual who acquired the New York Stock Exchange (NYSE) recently made a $11.9B commitment so that he may help people streamline their mortgages for a lot less than what consumers are paying right now, according to a report. Founder and Chief Executive Jeffrey Sprecher’s… Read More

Netcompany Acquires Stake in European Fintech Firm to Form a Strategic Partnership

Netcompany acquired a 20% stake in the Danish based Festina Finance – a provider of software for the Life and Pension industry with a customer base in Denmark and the Netherlands. The investment will accelerate the entry “into new markets for Festina Finance and enhance… Read More

Australia: CBA Enhances Digital Lending Capabilities with Acquisition of Fintech Waddle

Commonwealth Bank of Australia (CBA) announced its venture-scaling arm, x15ventures, has entered an agreement “to acquire cloud-based invoice lending platform Waddle, accelerating the bank’s ambition to provide leading working capital solutions for Australian businesses.” CBA has an existing partnership with Waddle “through its Stream Working… Read More

Digital Asset Liquidity Provider B2C2 Strengthens European Operations with Woorton Acquisition

B2C2, the crypto liquidity provider servicing institutional clients globally, has successfully completed the acquisition of Woorton, the European firm focused on market making and over the counter transactions in the digital asset industry. This strategic move marks B2C2’s commitment “to enhance client coverage and with… Read More

OANDA Global Corp Acquires Majority Interest in Coinpass, a Digital Asset Firm Registered with UK’s FCA

OANDA Global Corporation announced that it has acquired a majority interest in Coinpass Limited, a crypto asset firm registered with the United Kingdom’s Financial Conduct Authority (FCA). Coinpass was founded in 2018 in order “to meet a growing demand for fast and secure access to… Read More

Datasite Finalizes Acquisition of London’s MergerLinks, a Financial Data Platform

Datasite, an SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, has completed the acquisition of MergerLinks, a London-based financial data platform used by finance professionals to find deal information, promote credentials and connect with investors, companies, and advisors for capital transactions. The acquisition… Read More

Yahoo Announces Acquisition of Commonstock to Expand Community, Enhance Financial Insights for Clients

Yahoo announced the acquisition of Commonstock, a broker-agnostic social and community-based platform that drives insights for retail investors. The acquisition advances the power of community for Yahoo Finance and “accelerates the brand’s strategy to deliver unparalleled retail investing resources, solutions and experiences to investors of… Read More

Trading Technologies to Acquire Abel Noser Solutions

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, and Abel Noser Solutions, LLC (ANS) announced a definitive agreement for TT “to acquire ANS, the provider of transaction cost analysis (TCA) for investment managers, brokers, asset owners and consultants, from Abel Noser… Read More

Digital Transformation: FullCircl Acquires W2 Global Data Solutions, Transforming Smart Online Onboarding

FullCircl, the Customer Lifecycle Intelligence (CLI) platform that helps financially regulated businesses do better business, faster, has announced the acquisition of W2 Global Data Solutions, a provider of real-time digital solutions for global regulatory compliance. The acquisition strengthens FullCircl’s compliance suite and accelerates the company’s… Read More

Fintech Velo Payments to Acquire YapStone, a Payment Processing Platform Focused on Vacation Rental Industry

Velo Payments, Inc. is acquiring YapStone Inc., a payment processing platform in the short-term and vacation rental industry, known for its payment solution, The definitive merger agreement signifies “a strategic alignment of vision and technology, combining Yapstone’s established payfac and MSB licensure with Velo’s complex… Read More

Turkish Fintech Param Accelerates European Expansion with Twisto Acquisition

Param, which claims to be Turkey’s biggest FinTech, is entering the European market with the acquisition of leading CEE Buy Now, Pay Later (BNPL) provider Twisto. Setting the scene for wider global expansion, Param is “introducing its technology and integrated embedded finance products and services… Read More

Matera Brings AI to Instant Payments, Acquires Brazilian Artificial Intelligence Firm Cinnecta

Matera, maker of instant payments, QR code and digital ledger technology, announced its strategic acquisition of Cinnecta, an AI company renowned for its solutions in customer retention, loyalty and enhancing digital experiences. The acquisition underpins Matera’s mission “to provide clients with unmatched value, especially in… Read More

Cybersecurity Provider Check Point to Acquire Perimeter 81 to Deliver the Secure SASE Solution

Check Point Software Technologies Ltd. (NASDAQ: CHKP), a provider of cyber security solutions globally, signs a definitive agreement to acquire Perimeter 81, a pioneering Security Service Edge (SSE) company. With this acquisition, Check Point will “help organizations accelerate the adoption of secure access across remote… Read More

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