Tagged: acquisition

May 20, 2022 @ 4:56 pm By Omar Faridi  |  

  Square, part of Block (NYSE:SQ), recently announced that it acquired GoParrot, an “all-in-one” digital ordering and marketing platform for restaurants. GoParrot enables restaurants “to connect more easily and directly with customers through powerful omnichannel software.” As a long-time Square partner, GoParrot’s products already “integrate… Read More

May 20, 2022 @ 9:20 am By Omar Faridi  |  

London Stock Exchange Group (LSEG) recently announced that it has signed an agreement to acquire MayStreet, a market data solutions provider. Founded in 2012, MayStreet provides “high-quality” global low latency technology and market data to more than 65 industry participants, “including banks, asset managers and… Read More

May 19, 2022 @ 9:12 am By Omar Faridi  |  

Smarsh, the “industry leader” in enabling organizations to easily manage risk and uncover the value within their communications data, announced that they have entered into an agreement to acquire TeleMessage, a key player in mobile messaging and voice capture and archiving. Regulatory compliance for mobile… Read More

May 17, 2022 @ 11:37 pm By Omar Faridi  |  

Experian, the global information services company, is pleased to confirm that it has agreed to acquire MOVA Sociedade de Empréstimo entre Pessoas S.A., a Fintech in Brazil that helps equip any company, including non-banks, “with the expertise and technology to perform data-driven credit assessments of… Read More

May 12, 2022 @ 3:36 pm By Omar Faridi  |  

Ebury, the Banco Santander-backed provider of corporate banking services to SMEs that trade globally, has reportedly agreed to acquire Bexs in a deal that further expands its international payments offering to Brazilian markets. The transaction, currently subject to regulatory clearance, reportedly includes the companies Bexs… Read More

May 11, 2022 @ 5:54 pm By Omar Faridi  |  

KeyBank has reportedly acquired another Fintech. This time, the company has bought a business that works cooperatively with consumers who may have outstanding student loan debt. The Cleveland-headquartered banking institution confirmed on Monday (May 10, 2022) that it had acquired GradFin, which provides counseling to… Read More

May 10, 2022 @ 11:14 pm By Omar Faridi  |  

HCL Technologies UK Limited, a wholly owned subsidiary of HCL Technologies, an international tech firm, has entered an agreement for the acquisition of Confinale AG, a Switzerland-headquartered virtual banking and wealth management consulting specialist and Avaloq Premium Implementation Partner. Via this key acquisition, HCL will… Read More

May 6, 2022 @ 5:46 pm By Omar Faridi  |  

LexisNexis Risk Solutions, part of RELX, has announced the acquisition of BehavioSec, “an advanced behavioral biometrics technology provider.” Founded in Sweden in 2008 with a presence in the U.S., Canada and EMEA, BehavioSec provides “a highly predictive behavioral biometrics solution that uses behavior analysis for… Read More

May 6, 2022 @ 2:39 pm By Omar Faridi  |  

  TIFIN, a Fintech platform using artificial intelligence and investment-driven personalization “to shape the future of investor experiences,” recently announced that its subsidiary Financial Answers has completed the acquisitions of All Star Charts, Inc. and INO.com, Inc. Both firms claim to be “high quality” investor… Read More

May 5, 2022 @ 6:39 pm By Omar Faridi  |  

Truist Financial Corporation (NYSE: TFC) recently announced it has now acquired Long Game, the gamified finance mobile app that is “changing the way people save, learn and engage with their finances.” As mentioned in the update, Long Game transforms how users “engage with their bank… Read More

May 2, 2022 @ 12:23 am By Omar Faridi  |  

Radiflow, an Israeli OT cybersecurity startup, announced that it is being acquired in “a two-phase process by Sabanci Group, market leaders in the financial services, energy, and industrial sectors.” As mentioned in an update shared with CI, the initial phase entails “a $45 million primary… Read More

April 25, 2022 @ 9:28 pm By Omar Faridi  |  

Utimaco, an international provider of cybersecurity and compliance solutions, recently announced that it has signed a Share Purchase Agreement with Celltick, a global provider or Public Warning Systems (PWS), Mass Notification Systems (MNS), and one of the largest CBC (Cell Broadcast Center) providers. Recent natural… Read More

April 24, 2022 @ 11:38 pm By Omar Faridi  |  

Britannia Financial Group, a global financial services group with head offices in London, is pleased to confirm the acquisition of Alphaplate Ltd, a proprietary tech firm “specializing in cryptocurrency trading.” Alphaplate was established in 2017 and is “a systematic, quantitative market-maker predominately on top tier… Read More

April 24, 2022 @ 9:00 pm By Omar Faridi  |  

Payroc WorldAccess, LLC, an international payments platform, has announced the acquisition of Worldnet, a provider of unified, global omnichannel payments solutions for ISVs. Incorporating Worldnet’s tech solutions into the Payroc platform “further propels Payroc into the ISV and embedded payments space.” This new combination makes… Read More

April 23, 2022 @ 2:47 pm By Omar Faridi  |  

Brex, the Fintech firm that is focused on reimagining finance for growing businesses, has  announced its acquisition of Pry Financials, which is a software platform “with tools designed to enable budgeting, bookkeeping and forecasting, for $90 million.” As mentioned in the update, cash flow forecasting… Read More

April 22, 2022 @ 7:05 am By Omar Faridi  |  

Versapay, which claims to be the leader in Collaborative Accounts Receivable, recently announced that it has completed its acquisition of US-headquartered Fintech firm  DadeSystems. The acquisition broadens Versapay‘s suite of accounts receivable (AR) automation solutions and “expands its AI and machine learning capabilities.” It also… Read More

April 8, 2022 @ 5:39 pm By Omar Faridi  |  

PayRetailers, the LatAm Fintech payment specialist, has announced the acquisition of two online payments platforms, Chile’s Paygol and Colombia’s Pago Digital. The two acquisitions “strengthen PayRetailers’ breadth and depth as the company moves to realise the potential of e-commerce payments across Latin America.” Paygol and… Read More

April 6, 2022 @ 8:39 am By Omar Faridi  |  

London Stock Exchange Group (LSEG) announced that it has agreed to acquire Global Data Consortium Inc (GDC), an international provider of “high-quality” identity verification data “to support clients with Know Your Customer (KYC) requirements.” Established back in 2012, GDC specializes in “delivering high-speed electronic digital… Read More

April 5, 2022 @ 10:29 pm By Omar Faridi  |  

PT FinAccel Teknologi Indonesia, a directly controlled subsidiary of FinAccel Pte Ltd, the parent firm of Kredivo, has announced the acquisition of “a majority stake in PT Bank Bisnis Internasional, Tbk., an IDX listed entity (ticker BBSI).” This acquisition represents a “significant step in FinAccel’s… Read More

April 2, 2022 @ 1:01 pm By Omar Faridi  |  

The Switzerland Stock Exchange (SIX) has successfully completed the acquisition of Clearstream’s 50% stake “in REGIS-TR, which has now become a 100% owned SIX company.” REGIS-TR, consisting of REGIS-TR S.A. and REGIS-TR UK Ltd, has a portfolio of more than 2,000 European customers across over 40… Read More