Tagged: acquisition

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

September 4, 2022 @ 1:35 pm By Omar Faridi  |  

Capdesk – Europe’s equity management solution – is announcing it has been “acquired by Silicon Valley unicorn and equity giant Carta.” Founded in 2015, London-based Capdesk claims it is “trusted by over 3500 of Europe’s fastest-growing companies – including Gousto, VOI, Checkout.com, Plum Guide and… Read More

September 1, 2022 @ 8:44 pm By Omar Faridi  |  

Numerix, a key player in capital markets risk management technology, announced that it has been acquired by Genstar Capital, a private equity firm “focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries.” Founded in 1996, Numerix reportedly “has over… Read More

August 31, 2022 @ 10:17 pm By Omar Faridi  |  

Bango plc (AIM:BGO), the global platform for data-driven commerce, announces that it has acquired the global payments business of NTT DOCOMO. In addition, Bango has signed “a long-term platform deal with NTT DOCOMO to provide payment services in Japan for the world’s largest merchants.” DOCOMO… Read More

August 27, 2022 @ 6:31 pm By Omar Faridi  |  

Infront AS has reportedly entered into an agreement for the acquisition of Assetmax AG. The acquisition represents a key milestone for Infront as the firm focuses on enhancing its product offering for wealth management clients across European markets. The transaction is expected to be finalized… Read More

August 25, 2022 @ 9:21 pm By Omar Faridi  |  

valU, MENA’s Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced that it “acquired 100% of Paynas, a full-fledged employee management and benefits company that provides financial services to micro, small, and medium enterprises (MSME) in a signing ceremony attended by Dr. Rania A. Al-Mashat, Minister of… Read More

August 24, 2022 @ 11:20 am By Omar Faridi  |  

iCapital, which claims to be the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, and UBS (NYSE: UBS) announced they “entered into a definitive agreement whereby iCapital will acquire UBS Fund Advisor LLC, UBS’s legacy… Read More

August 23, 2022 @ 8:17 am By Omar Faridi  |  

Truist Financial Corporation (NYSE: TFC) announced that it has acquired key strategic assets from Zaloni, a key player in data technology solution delivery. Through this agreement, Truist will “acquire the Zaloni Arena platform to accelerate its data governance, metadata management, advanced analytics, and artificial intelligence… Read More

August 22, 2022 @ 9:29 pm By Omar Faridi  |  

It would be an understatement to say that the past couple years have been disruptive for businesses, the Razorpay team noted in a blog post. The pandemic led to major changes in consumer behavior and businesses had to adapt to the new environment and “new… Read More

August 20, 2022 @ 3:57 pm By Omar Faridi  |  

Verto notes that their relationship with Locusnine began in 2019 when they partnered to focus on scaling their “MVP architecture.” Since then, they’ve gone on to build a cross-border payments platform. They are excited to announce that Locusnine is now “officially part of the Verto… Read More

August 18, 2022 @ 7:19 pm By Omar Faridi  |  

Remitly Global, Inc., (NASDAQ: RELY), a global digital financial services provider for immigrants and their families, announced that it has signed a definitive agreement to acquire Rewire, an Israeli-based financial services platform for migrant workers. Under the terms of the agreement, Remitly will “acquire Rewire… Read More

August 18, 2022 @ 8:57 am By Omar Faridi  |  

Social investment platform eToro is expanding its presence in the United States after entering a definitive agreement to acquire options trading platform Gatsby for approximately $50 million. EToro had filed with the US Securities and Exchange Commission (SEC) for regulatory clearance back in December 2021…. Read More