Tagged: acquisition

June 10, 2022 @ 9:53 pm By Omar Faridi  |  

Razer Fintech, the financial technology arm of Razer, the global lifestyle brand for gamers, recently announced the acquisition of PT E2Pay Global Utama, which claims to be one of the leading B2B2C digital payment facilitators and e-money players in Indonesia. Razer Fintech is an O2O… Read More

June 10, 2022 @ 11:14 am By Omar Faridi  |  

“Renowned” by credit unions for its digital communications capabilities, Eltropy recently  announced the acquisition of video banking service provider POPi/o. The acquisition strengthens Eltropy’s digital communications platform, and represents one of the fastest Fintech expansions in the industry, the company claims. Eltropy now empowers more… Read More

June 6, 2022 @ 8:53 am By Omar Faridi  |  

In its “first” major corporate milestone following its acquisition by MONEYME Ltd (ASX:MME), digital finance platform SocietyOne has launched transaction and savings accounts “powered by Westpac’s Banking-as-a-Service (BaaS).” SocietyOne is Westpac’s second partner “to launch products through its BaaS platform with two new additions to… Read More

June 2, 2022 @ 7:47 pm By Omar Faridi  |  

ZoodPay, the digital lending platform for e-commerce in the Middle East and Central Asia, has entered Pakistan by fully “acquiring Karachi headquartered Tez Financial Services (Tez).” Backed by investors including Planet N, Flourish Ventures and Accion, Tez reportedly became “the first Fintech in Pakistan to… Read More

June 2, 2022 @ 6:46 am By Omar Faridi  |  

Nexi S.p.A. reveals that it has committed to a long-term strategic partnership with BPER Banca S.p.A. and Banco di Sardegna S.p.A. by transferring BPER and Banco di Sardegna’s merchant acquiring and POS management businesses to Nexi Payments S.p.A. As noted in the update, Nexi intends… Read More

June 2, 2022 @ 1:10 am By Omar Faridi  |  

Trustly, the international payments platform for digital Account-to-Account transactions (A2A), has announced the acquisition of the UK-headquartered Open Banking Payments platform Ecospend. Ecospend’s UK A2A product and full bank connectivity will complement and “enable Trustly to deliver a … product in the UK, and further… Read More

May 24, 2022 @ 9:07 pm By Omar Faridi  |  

MatchMove, the international embedded finance company, has reportedly acquired digital commerce specialist Shopmatic in a $200 million deal, “creating an end-to-end embedded finance and e-commerce powerhouse.” MatchMove’s platform “provides customisable, fast, secure and regulated embedded financial services, such as banking-in-an-app, powered by APIs, to help… Read More

May 20, 2022 @ 5:46 pm By JD Alois  |  

TABS, a “diligence as a service” provider, is being acquired by PreIPO. The deal has priced the purchase at $20.8 million in both cash and stock. The founding team of TABS is expected to join PreIPO’s management team and board of directors. According to a… Read More

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