Tagged: acquisition

May 31, 2023 @ 9:10 am By Omar Faridi  |  

Priority Technology Holdings, Inc. (NASDAQ: PRTH), a platform for unified commerce that delivers integrated payments and banking at scale, has announced that it has entered into a definitive agreement “as the stalking horse bidder to acquire substantially all of the assets of Plastiq, Inc and… Read More

May 27, 2023 @ 8:27 am By Omar Faridi  |  

SolomonEdwards, a national professional services firm, is proud to announce the acquisition of 29Bison – a human capital advisory organization for the investment community – “specializing in performing due diligence, value optimization, and pre- and post-transaction services.” 29Bison reportedly “helps companies evaluate and design the… Read More

May 26, 2023 @ 10:12 am By Omar Faridi  |  

Fimatix, a provider of digital transformation solutions, announced today the acquisition of Semantic Evolution, a specialist in the provision of AI and machine learning powered solutions to the Financial Services sector. Semantic Evolution will continue “to operate under its own name as part of the… Read More

May 24, 2023 @ 11:27 pm By Omar Faridi  |  

Fifth Third Bancorp (NASDAQ: FITB) is pleased to announce the acquisition of Rize Money, Inc., an embedded payments platform that “provides payment infrastructure and risk management capabilities to fintechs and other technology companies that want to offer innovative financial products through a single application programming… Read More

May 23, 2023 @ 11:07 pm By Omar Faridi  |  

Onfido, which claims to be the global leader in automated identity verification, today announced it has acquired Airside Mobile, Inc., a key player focused on private, digital identity sharing technology. The World Economic Forum Technology Pioneer is “the first company to bring user-controlled digital identity… Read More

May 23, 2023 @ 12:17 am By Omar Faridi  |  

Talos, the “premier” provider of institutional digital assets trading technology, has acquired D3X Systems, a developer of institutional technology to support systematic investment strategies. The D3X platform “enables investors to apply the advanced portfolio engineering techniques, tried and tested in traditional capital markets, to digital… Read More

May 18, 2023 @ 7:00 am By Omar Faridi  |  

With this key acquisition, Ripple takes on the growing institutional crypto custody market, expected to reach $10T by 2030 Ripple, the Fintech focused on enterprise blockchain and crypto solutions, announced it has acquired Metaco, a Swiss-based provider of digital asset custody and tokenization technology. Diversifying… Read More

May 17, 2023 @ 11:29 pm By Omar Faridi  |  

Fabrick, a European leader in ‘Open Finance’, announces today the acquisition of Judopay, a UK-based mobile payments company. This deal will allow Fabrick’s Payment Orchestra “to benefit from Judopay’s innovation expertise in digital commerce.” Together, they will “define new models and standards to provide smoother… Read More

May 16, 2023 @ 10:17 am By Omar Faridi  |  

Nordea has completed the acquisition of the Swedish digital pension broker platform Advinans, following receipt of the regulatory approvals. The acquisition reportedly “strengthens Nordea’s life and pension offering in Sweden and accelerates the bank’s strategic ambitions within savings.” The acquisition of Advinans fits well with… Read More

May 3, 2023 @ 8:22 am By Omar Faridi  |  

Deutsche Bank (ETR: DBK) announces that it has reached an agreement on the terms of a recommended all-cash offer for the acquisition of Numis Corporation Plc. Numis is a UK corporate broking and advisory house “providing strategic advice and capital market connectivity to 166 retained… Read More

May 3, 2023 @ 7:27 am By Omar Faridi  |  

Building from its acquisition of anti-money laundering (AML) specialist company, Complytron, SEON has announced the appointment of Matt DeLauro as the company’s new CRO. The hire, “which represents the culmination of a six-month process, forms part of the company’s plans to continue investing in its… Read More

April 29, 2023 @ 7:15 pm By Omar Faridi  |  

Tradeweb Markets Inc. (Nasdaq: TW), a global operator of electronic marketplaces for rates, credit, equities and money markets, released the following statement: “Tradeweb is in advanced discussions to acquire Yieldbroker, an Australian government bond and interest rate derivatives trading platform covering the institutional, wholesale, and… Read More

April 29, 2023 @ 10:32 am By Omar Faridi  |  

European Payments Initiative (EPI) announced plans to acquire Dutch payment solution iDEAL and payment solutions provider Payconiq International (PQI). EPI is a payment platform “supported by a group of major European banks including ABN AMRO.” EPI’s takeover of iDEAL and Payconiq “marks an ambitious step… Read More

April 26, 2023 @ 12:02 pm By Omar Faridi  |  

Zinnia, a life and annuity insurance technology and digital services company, today announced it is acquiring Policygenius, a digital insurance marketplace. The acquisition “lays the foundation for the industry’s first front-to-back architecture to power the entire insurance value chain and better serve carriers, advisors, and… Read More

April 20, 2023 @ 10:29 pm By Omar Faridi  |  

Regulatory technology firm, Kaizen Reporting announced that it has acquired Red Deer, a provider of integrated compliance solutions for surveillance and research workflows. Red Deer’s proprietary technology platform “provides surveillance and research tools that help middle office and compliance teams at banks, asset management and… Read More

April 19, 2023 @ 3:51 pm By Omar Faridi  |  

TransUnion (NYSE: TRU) announced it is leveraging its acquisition of Neustar to expand its partnership with Datavant, which helps organizations securely connect health data, “to offer de-identified patient insights and measurement solutions for HIPAA-focused healthcare brands.” The partnership will enable Datavant’s ecosystem of partners “to… Read More

April 15, 2023 @ 8:04 pm By Omar Faridi  |  

Arch Insurance recently announced it has acquired Thimble, an insurtech platform for small business customers and agents. Thimble enables small businesses “to quickly get insurance coverage by the job, month or year using its award-winning app, website, or over the phone.” The acquisition “expands Arch’s… Read More

April 12, 2023 @ 10:38 pm By Omar Faridi  |  

Paymerang, LLC, an innovator in accounts payable automation, announced the asset acquisition of KwikTag, an invoice automation provider for Microsoft Dynamics ERP systems, and the share acquisition of Sypht, an Australia-based AI data platform. The acquisition was completed on April 3, 2023. This is the… Read More

April 9, 2023 @ 11:28 pm By Omar Faridi  |  

Loop is designed to enhance the UK’s informal money sharing market and “offers consumers a genuine alternative to the UK’s £10bn overdraft market.” As noted in a blog post, Tandem Bank is strengthening its strategy “to build the UK’s greener, digital bank with the acquisition… Read More

April 4, 2023 @ 5:35 pm By Omar Faridi  |  

SoFi Technologies, Inc. (NASDAQ: SOFI), a one-stop shop for digital financial services, has announced that it has acquired Wyndham Capital Mortgage, a Fintech mortgage lender, in an all-cash transaction. Terms of the transaction were not immediately available. While the transaction is not expected to be… Read More