Tagged: acquisition

January 27, 2024 @ 4:38 pm By Omar Faridi  |  

Eco Inc, the crypto payments company with $95 million in funding from a16z, Coinbase Ventures, and other top technology investors, announced the acquisition of Join, a stablecoin-powered shopping app. This acquisition aligns with Eco’s vision to “create a more efficient, decentralized payment system, breaking away… Read More

January 23, 2024 @ 7:25 pm By Omar Faridi  |  

Objectway, the Fintech provider of as-a-service software and services to banks, wealth and asset managers, announced the acquisition of Nest Wealth, a Canadian provider of digital wealth solutions. Building on more than 30 years of business expertise, Objectway has “built partnerships with banks, wealth and… Read More

January 19, 2024 @ 2:14 pm By Omar Faridi  |  

EquiLend, a global data and analytics company for securities, has announced that private equity firm Welsh, Carson, Anderson & Stowe (WCAS) has agreed to acquire a majority stake in the company. The acquisition is set to close in Q2 2024, “subject to regulatory approvals.” In… Read More

January 19, 2024 @ 8:34 am By Omar Faridi  |  

Getsafe, Europe’s neo-insurer based in Germany with over 550,000 customers, has acquired deineStudienfinanzierung, Germany’s digital platform for student loans. This acquisition is said to be a testament to Getsafe’s direct-to-consumer approach and the company’s focus on “guiding young people as they plan for their futures.”… Read More

January 18, 2024 @ 11:14 pm By Omar Faridi  |  

Encompass Corporation, the global provider of real-time digital Know Your Customer (KYC) profiles, has acquired CoorpID and Blacksmith KYC from ING to develop a platform that solves “the critical challenge of identification and verification of corporate and institutional clients.” In 2018, CoorpID was founded “by… Read More

January 18, 2024 @ 4:16 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has acquired Impendi, a sourcing and procurement services provider with a focus on private equity clients, expanding a critical capability to Accenture’s growing offerings for this industry. Impendi helps private equity companies “make sourcing and procurement decisions that increase their profitability and… Read More

January 17, 2024 @ 3:52 pm By Omar Faridi  |  

Visa (NYSE:V) announced it has completed its acquisition of Pismo – a global cloud-native issuer processing and core banking platform. With the transaction complete, the combination of Visa and Pismo will “provide clients with core banking and card-issuer processing capabilities across all product types via… Read More

January 14, 2024 @ 4:06 pm By Omar Faridi  |  

CoinShares International Limited (Nasdaq Stockholm: CS; US OTCQX: CNSRF) announced it has exercised the option to acquire Valkyrie Funds LLC, the U.S. digital asset manager’s investment advisory business specializing “in actively managed cryptocurrency exchange-traded funds, from Valkyrie Investments Inc.” CoinShares‘ decision to exercise this option… Read More

January 12, 2024 @ 12:24 am By Omar Faridi  |  

DeFi Technologies Inc., a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi), is pleased to announce the signing of a binding letter of intent to acquire Reflexivity Research LLC, a private research firm that… Read More

January 5, 2024 @ 8:43 am By Omar Faridi  |  

Accenture (NYSE: ACN) has completed the acquisition of 6point6, a U.K. technology consultancy, specializing in cloud, data, and cybersecurity. The acquisition enhances Accenture’s strategy and architecture capabilities, “with a particular emphasis on central government, defense and security, and financial services.” The acquisition was previously “announced… Read More

December 26, 2023 @ 8:38 am By Omar Faridi  |  

CSI, a provider of end-to-end financial software and technology, announced today it has acquired St. Louis, Missouri-based software provider Hawthorn River, which offers a modern, single-platform loan origination system (LOS) “purpose-built for community banks.” The transaction reportedly follows “a successful commercial partnership between the two… Read More

December 22, 2023 @ 6:17 am By Omar Faridi  |  

Leonteq AG (SIX: LEON) has reportedly acquired a 10% stake in the Swiss stock exchange BX Swiss. Leonteq thus becomes a shareholder of BX Swiss and “expands its ecosystem with an important player in the Swiss financial market.” With the acquisition of a 10% stake… Read More

December 14, 2023 @ 9:27 pm By Omar Faridi  |  

UAE-based legaltech Clara announced its acquisition of BOTH Corporate Services Limited (BCS), a provider of corporate services in Abu Dhabi Global Market (ADGM). This deal is a key milestone for Clara as it initiates “an acquisition strategy to expand its customer base and extend its… Read More

December 11, 2023 @ 9:45 am By JD Alois  |  

Announced earlier this year DTCC announced the acquisition of Securrency, a blockchain firm that seeks to provide digital security infrastructure. The purchase has now closed, and the subsidiary is now known as DTCC Digital Assets. Securrency was founded as Fintech/Regtech platform designed to pair capital to… Read More

December 10, 2023 @ 6:28 pm By Omar Faridi  |  

Sagard, a global multi-strategy alternative asset management firm with over US$15B in assets under management, signed a definitive agreement to acquire a strategic stake in Performance Equity Management (PEM), a private equity firm “with over $8.9B in assets under management and two decades of demonstrated… Read More

November 28, 2023 @ 1:08 am By Omar Faridi  |  

Crastorehill, a company majority owned by Finch Capital, Europe‘s growth investor, has successfully acquired open banking players “as part of their buy-and-build strategy.” This move positions Crastorehill as “the 100% shareholder of Qwist (formerly finleap connect) and ndgit, harnessing their complementary strengths to lead the… Read More

November 26, 2023 @ 9:46 pm By Michael Wong  |  

Lymo Finance, the world’s first real estate crowdfunding platform, is now owned by Walliance, another real estate crowdfunding platform based in Italy, according to an announcement. Walliance said the acquisition is part of its expansion plans in the European market. Lymo, which has an investment… Read More

November 16, 2023 @ 6:22 am By Omar Faridi  |  

Manulife Investment Management has signed an agreement to acquire multi-sector alternative credit manager CQS. Upon completion of the transaction, Manulife Investment Management will “acquire the CQS credit platform and the CQS brand.” The acquisition of London-based CQS will “give the clients of both Manulife Investment… Read More

November 10, 2023 @ 5:36 pm By Omar Faridi  |  

Copper, an institutional digital asset infrastructure provider, has acquired Securrency Capital Limited, a full-service, regulated blockchain-enabled brokerage firm offering digital securities trading based in the Abu Dhabi Global Market (ADGM). Securrency Capital’s platform, “powered by Securrency’s digital asset infrastructure and compliance aware solutions, provides investors… Read More

November 6, 2023 @ 9:21 am By Omar Faridi  |  

Accenture (NYSE: ACN) has acquired Innotec Security, a privately held company specializing in cybersecurity-as-a-service, cyber resilience and cyber risk management, expanding its capabilities and footprint in Spain. Innotec Security was previously owned by parent company Entelgy Group. Financial terms were not disclosed. Founded in 2002… Read More