Tagged: acquisition

January 16, 2023 @ 3:34 pm By Omar Faridi  |  

The team at Deel notes that they are building the “best” equity and compliance product for global companies and their teams. The Deel team writes in a blog post that we all know equity “can be one of the best ways to attract and retain… Read More

January 15, 2023 @ 3:41 pm By Omar Faridi  |  

CUBE, which claims to be a global leader in Automated Regulatory Intelligence (ARI),  announced its acquisition of The Hub, a RegTech firm providing highly innovative artificial intelligence solutions for capturing and monitoring unstructured data across the regulatory internet. As global regulations continue to rapidly evolve,… Read More

January 14, 2023 @ 7:17 pm By Omar Faridi  |  

American Express (NYSE: AXP) announced that it has entered into an agreement to acquire Nipendo, a company used by global businesses “to automate and streamline business-to-business (B2B) payments processes.” The transaction is American Express’ latest strategic step “toward its goal of creating a leading end-to-end… Read More

January 14, 2023 @ 1:53 pm By Omar Faridi  |  

Apex Group Ltd., a global financial services provider, announced the acquisition of Pacific Fund Systems (PFS), a global fund administration software business, from co-founders and Pollen Street Capital. This acquisition “follows Apex Group’s longstanding partnership with PFS through the use of PFS-PAXUS and will expand… Read More

January 13, 2023 @ 2:48 pm By Omar Faridi  |  

Kyckr, the corporate KYC company providing businesses with legally-authoritative real-time data on prospective and existing customers and suppliers, has been acquired by Australian tech-entrepreneur and WiseTech Global Limited founder Richard White “through his personal investment vehicle RealWise KYK AV Pty Ltd.” Kyckr provides companies “with… Read More

January 13, 2023 @ 1:27 pm By Omar Faridi  |  

Fidelity Investments announced it is furthering its commitment to the private market with the acquisition of Shoobx, a provider of automated equity management operations and financing software “for private companies at all growth stages, up to and including an initial public offering (IPO). Financial terms… Read More

January 12, 2023 @ 11:42 am By Omar Faridi  |  

Republic Capital Group, an investment banking firm specializing in the RIA, asset and wealth management, and securities-related industries, acknowledges its client, Parallel Advisors, on its acquisition of AUTUS Asset Management and substantial investment from Golden Gate Capital, a private equity investment firm. In connection with… Read More

January 10, 2023 @ 10:49 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI), the Canadian fintech company, and Paya Holdings Inc. (Nasdaq: PAYA), a provider of integrated payment and commerce solutions in the U.S., announced that they have “entered into a definitive agreement whereby Nuvei will acquire Paya in an all-cash transaction at USD… Read More

January 8, 2023 @ 4:54 pm By Omar Faridi  |  

FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company, completed the acquisition of Global Reach Group, a UK-based cross-border payments provider. With the acquisition, FLEETCOR “increases its cross-border payments scale and strengthens its position as a leading non-bank B2B global cross-border payments provider.” Global… Read More

January 7, 2023 @ 12:27 pm By Omar Faridi  |  

Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, announced a definitive agreement “to acquire Imburse Payments, a Swiss-based modern payments platform.” Imburse’s cloud-native software-as-a-service (SaaS) payment solution is “built for the insurance industry.” The modern… Read More

January 7, 2023 @ 10:17 am By Omar Faridi  |  

Fintech company Twenty7tec recently announced the acquisition of mortgage affordability platform Broker Sense for an undisclosed amount. Broker Sense, established by Stuart Phillips and Mark Spilsbury, assists mortgage advisers with assessing customer affordability against lender rules, while also ensuring that they recommend the appropriate lender… Read More

December 23, 2022 @ 3:19 pm By Omar Faridi  |  

UAE-based Fintech Galaxy, the “first” Central Bank-regulated Open Finance platform in the Middle East, announced the acquisition of Underlie, an Egypt-based Open Banking platform offering APIs to banks and businesses. The deal will help “to set FTG’s Open Finance and Open Banking wheels in full… Read More

December 19, 2022 @ 12:37 am By Omar Faridi  |  

United Fintech, the end-to-end solution for banking technology, announced the 100 percent acquisition of Cobalt, the provider of critical risk and data services to the FX and digital asset markets. The acquisition elevates United Fintech’s position “as the leading end-to-end solution connecting financial institutions with… Read More

December 16, 2022 @ 9:17 pm By Omar Faridi  |  

STP Investment Services (STP), a global, technology-enabled, end-to-end investment operations service provider, announced it has acquired WealthSite, a firm that provides “a fully integrated and highly customized accounting, portfolio management, reporting and analytics platform to single and multi-family offices, traditional wealth advisory firms and money… Read More

December 14, 2022 @ 9:47 pm By Omar Faridi  |  

Coupa Software (NASDAQ: COUP), a key player focused on Business Spend Management (BSM), announced that it has entered into a definitive agreement “to be acquired by Thoma Bravo, a software investment firm.” This is “an all-cash transaction with an enterprise value of $8.0 billion.” Upon… Read More

December 11, 2022 @ 11:39 am By Omar Faridi  |  

BNP Paribas Asset Management announces the acquisition of a majority stake in Danish natural resources specialist International Woodland Company (IWC). IWC is headquartered in Copenhagen and reportedly “has more than 30 years’ experience in providing investment management and advisory services within sustainable timberland investments, agriculture… Read More

December 10, 2022 @ 7:17 pm By Omar Faridi  |  

TreviPay, a key player focused on global B2B payments and invoicing solutions, announced the signing of a definitive agreement to acquire payment platform Apruve. Apruve offers “a robust suite of payment solutions for global enterprises that will complement and expand on TreviPay’s existing order-to-cash technology… Read More

December 2, 2022 @ 10:08 am By Omar Faridi  |  

Decimal, a Fintech company offering bookkeeping and accounting operations for small and medium-sized businesses (SMBs),  announced it “has acquired the cloud-based bookkeeping service and certain other assets of KPMG Spark, owned by Big Four tax, accounting and advisory firm KPMG LLP.” Financial terms “were not… Read More

December 1, 2022 @ 11:23 am By Omar Faridi  |  

Binance, which claims to be the world’s “leading” blockchain ecosystem and cryptocurrency infrastructure provider, announced it has “acquired 100% of Sakura Exchange BitCoin (SEBC), the Japanese-registered crypto exchange service provider.” Through this acquisition, Binance enters “the Japanese market, as a Japan Financial Services Agency (JFSA)… Read More

November 26, 2022 @ 6:31 pm By Omar Faridi  |  

QUANTIFEED, the provider of digital wealth management solutions, announces that it has acquired ALPIMA, a London-based portfolio construction, visualisation, and analytics fintech company. Alex Ypsilanti, Co-Founder and CEO of Quantifeed, said: “We are very excited about bringing together two hugely talented teams of financial engineers… Read More