Tagged: acquisition

June 8, 2023 @ 4:04 pm By Omar Faridi  |  

To transform multi-country payroll with the HCM industry’s most adaptable, intelligent experience for multinational businesses, UKG Inc., a provider of HR, payroll, and workforce management solutions for all people, has reached an agreement to acquire Immedis, a global payroll provider with technology and services supporting… Read More

June 7, 2023 @ 10:42 pm By Omar Faridi  |  

NatWest Group has completed its acquisition of a majority shareholding in workplace savings and pensions fintech, Cushon. In February 2023, NatWest Group agreed “to acquire 85% of Cushon for £144m, with 15% retained by Cushon management.” This acquisition was subsequently “approved by the FCA in… Read More

June 6, 2023 @ 8:52 pm By Omar Faridi  |  

RIBBIT, Inc., the “authority” on alternative bank and payment data, today announces its acquisition of ValidiFI, a provider of fraud, compliance, and risk mitigation solutions. The acquisition will aim to “create the industry’s leading banking and payment data solutions platform, improving the company’s product offering… Read More

June 4, 2023 @ 6:28 am By Omar Faridi  |  

Aliaswire, Inc., a provider of innovative payment and financial technology services, announced that Onboard Partners, LLC has acquired its Payvus small business credit card issuing and capital management business. The acquisition of the Payvus business, technology and intellectual property “will expand Onboard’s already successful financial… Read More

June 3, 2023 @ 9:53 pm By Omar Faridi  |  

Chainalysis is announcing that their firm has acquired Transpose, a blockchain data and infrastructure company that makes building applications using web3 data fast and simple. Transpose customers are able “to build snappy user experiences, power wallet applications, analyze financial activity, fulfill tax and compliance requirements,… Read More

June 3, 2023 @ 11:02 am By Omar Faridi  |  

Regnology, a software provider with a focus on regulatory reporting solutions, announces today it expects to sign a definitive agreement to acquire Invoke, a French-based provider of financial, regulatory, and tax reporting solutions for supervisory authorities, and reporting entities. On completion of the agreement, the… Read More

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