Tagged: acquisition

October 18, 2022 @ 11:17 pm By Omar Faridi  |  

Finastra recently announced that The Belize Bank Limited, one of the largest banks in Belize, providing retail, corporate and commercial banking services, “successfully migrated the business of Scotiabank (Belize) Limited onto the Fusion Essence core banking platform following an acquisition facilitated by its parent company,… Read More

October 18, 2022 @ 1:36 am By Omar Faridi  |  

Investment in the regulatory compliance consultancy marks Copper Street Capital’s fifth investment, as the private equity investor “widens its portfolio across lower mid-market European financial services.” Thistle Initiatives Group will use Copper Street investment “to double in size over the next three years through organic… Read More

October 14, 2022 @ 9:13 am By Omar Faridi  |  

Data solutions provider, Sagacity Solutions Ltd., recently announced its acquisition of data marketing and insight agency, REaD Group Ltd. The acquisition will give clients “a one-stop-shop for clean, accurate and compliant data with … comprehensive insights.” Sagacity will “provide an intelligently informed customer lifecycle proposition… Read More

October 13, 2022 @ 2:23 pm By Omar Faridi  |  

Since Talenthouse completed the acquisition of Coolabi which covers several markets including UK, US and China, both businesses are working together “to deepen Talenthouse’s proposition within the Creator Economy space and diversify its offering amidst an unsteady market.” With market conditions looking to continue in… Read More

October 12, 2022 @ 2:32 pm By Omar Faridi  |  

One True Holding Company d/b/a/ TrueML, a financial technology software company developing machine learning-driven products that enable intelligent, digital communication including in the debt collection space, recently announced it has “acquired the debt collection business of Enhanced Recovery Company, LLC (ERC), a collections provider.” The… Read More

October 12, 2022 @ 10:17 am By Omar Faridi  |  

Talent Protocol, the web3 professional community for high-potential builders, has acquired Agora Labs, a social token and NFT infrastructure platform for creators “to build and scale their communities.” The acquisition will not only “integrate Agora’s tech stack and community into Talent Protocol, but also onboard… Read More

October 12, 2022 @ 8:13 am By Omar Faridi  |  

BNP Paribas (EPA: BNP) is pleased to announce the signature of an agreement for the acquisition of Kantox, a Fintech for the automation of currency risk management. FT Partners advised Kantox on its sale to BNP Paribas. Kantox’s software solution has “managed to successfully re-bundle the… Read More

October 7, 2022 @ 1:13 pm By Omar Faridi  |  

bolttech, the Singapore-based international insurtech, announced it has completed the acquisition of a majority shareholding in PT Axle Asia, “an established insurance broker in Indonesia.” Axle Asia will “become a subsidiary of bolttech and be subsequently rebranded.” The addition of Axle Asia will “accelerate the… Read More

October 5, 2022 @ 11:40 pm By Omar Faridi  |  

Rapid Finance, which claims to be a market leader in helping small businesses find sustainable and customized financing solutions through a fast and simple application process, announced its acquisition of digital lending platform provider, Thrive, at American Banker’s Small Business Banking conference. As part of… Read More

October 1, 2022 @ 2:17 pm By Omar Faridi  |  

On stage at Converge22, Circle announced an accelerated crypto payments roadmap enhanced by the recent acquisition of Elements, a merchant and developer-first payments orchestration platform. The announcement “includes plans to quickly scale payment offerings to unlock utility value for crypto and lower the barrier of… Read More

September 29, 2022 @ 8:52 pm By Omar Faridi  |  

BTRS Holdings Inc. (Billtrust) (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, announced that it has entered into a definitive agreement to be acquired by EQT X fund (EQT Private Equity), part of EQT, a global investment organization, “in an all-cash transaction… Read More

September 28, 2022 @ 11:21 am By Omar Faridi  |  

Recurly, Inc., a subscription management and billing platform for high-growth brands, has announced an agreement to acquire LeapRev, a revenue recognition and forecasting solution. This acquisition will “create a single source for subscription management, recurring billing, and revenue management that empowers Recurly customers to better… Read More

September 27, 2022 @ 12:21 pm By Omar Faridi  |  

The PNC Financial Services Group, Inc. (NYSE: PNC) announced it has acquired Linga, a point of sale (POS) and payments solutions firm “providing an industry-leading, cloud-based restaurant operating system.” The acquisition of Linga and its technology “will further expand PNC’s digital resources and enhance the… Read More

September 26, 2022 @ 9:47 am By Omar Faridi  |  

Allurity has acquired Spanish multinational Aiuken, as “an important step in its journey to becoming Europe’s leading cybersecurity provider.” Aiuken brings an entire SOC platform “spanning three continents, as well as its Cloud Security and SOC-as-a-Service platforms.” This deal takes Allurity one step closer “to… Read More

September 22, 2022 @ 9:13 pm By Omar Faridi  |  

ACA Group, the governance, risk, and compliance (GRC) advisor in financial services, announced that it has acquired Ethos ESG, a provider of environmental, social, and governance (ESG) ratings data and software “for financial advisors, asset managers, institutions, and investors.” This acquisition “marks ACA’s first analytics… Read More

September 15, 2022 @ 5:51 pm By Omar Faridi  |  

Bottomline, a provider of financial technology that makes business payments simple, smart, and secure, recently announced its acquisition of Nexus Systems, a provider of accounts payable (AP) and payments automation software “for the real estate and property management industries.” The Nexus procure-to-pay (P2P) solution “takes… Read More

September 13, 2022 @ 8:35 pm By Omar Faridi  |  

Aurora Payments, LLC is pleased to announce the acquisition of One Payment, a Florida-based Fintech payment company. Co-founded by Luis Requejo and Jorge Calzadilla, One Payment “boasts over 6,000 merchants in its portfolio with particular emphasis on minority-owned small and medium sized businesses.” With over… Read More

September 11, 2022 @ 5:07 pm By Omar Faridi  |  

Apex Group Ltd., a global financial services provider, announced the acquisition of Prometa Fund Support Services Inc., a Canada based provider of fund services. Prometa delivers fund services to clients in Canada, the United States, and Bermuda, “including Hedge Funds, LSVCCs and Mortgage Investment Corporations.”… Read More

September 9, 2022 @ 7:51 am By Omar Faridi  |  

FNZ, the global wealth management platform, announced that it has agreed to acquire DIAMOS AG, the specialized Wealthtech provider for the asset and wealth management industry, “to further enhance its global wealth management platform.” The acquisition will “strengthen FNZ’s global client proposition adding advanced product… Read More

September 5, 2022 @ 6:07 pm By Omar Faridi  |  

ConnectWise, which claims to be the world’s leading software company dedicated to the success of IT solution providers, announced it has acquired Wise-Sync, an integrated payment automation platform and “long-term” partner in the ConnectWise ecosystem. The acquisition will pair ConnectWise’s IT solution provider (TSP) software… Read More