Tagged: acquisition

June 23, 2021 @ 9:47 pm By Omar Faridi  |  

Foreside Financial Group, LLC, provider of governance, risk management, and compliance (GRC) solutions and tech offerings to customers in the global asset and wealth management sector, has reportedly acquired Hardin Compliance Consulting, LLC. The combined entity has now established one of the largest compliance consulting… Read More

June 23, 2021 @ 8:17 pm By Omar Faridi  |  

Stash, the subscription platform that aims to empower middle-class America to build wealth via innovative investing and banking products, has acquired PayGrade, a financial literacy platform assisting students with adopting healthy financial habits. As mentioned in an update shared with CI, the addition of PayGrade… Read More

June 23, 2021 @ 12:07 pm By JD Alois  |  

Cross River Bank has acquired PeerIQ, the leading data and analytics provider for the online lending industry. According to a release, Synthetic P2P Holdings Corporation (dba PeerIQ) was acquired during Q1 of 2021 for an undisclosed amount. Cross River Bank has emerged as the top… Read More

June 19, 2021 @ 7:04 pm By Omar Faridi  |  

Atlantic-Pacific Processing Systems NV, Corp. (APPS), a Fintech holding company offering technology and financial services, has reportedly acquired Cloud-enabled software firm Clique Payments, Inc. The acquisition should allow APPS to further expand its enterprise resource planning and accounting payments integrations solutions to include QuickBooks, FreshBooks,… Read More

June 18, 2021 @ 1:42 pm By Omar Faridi  |  

Mexico-based Fintech firm Credijusto, an SME lending solution provider, has confirmed its acquisition of a local banking provider, Banco Finterra which focuses on offering financing solutions for small businesses and the country’s agriculture industry. Credijusto acquired the regulated banking institution in a deal valued at… Read More

June 18, 2021 @ 8:45 am By Omar Faridi  |  

Regtech firm BearingPoint, a European provider of regulatory, risk, and supervisory tech solutions, has reportedly acquired Ireland’s Vizor Software, a regulatory and supervisory technology provider. The amount paid for the acquisition has not been shared publicly. The management at Vizor will continue to lead the… Read More

June 16, 2021 @ 11:47 pm By Tony Zerucha  |  

TrustSwap, a full-service digital asset ecosystem, this week acquired The Crypto App, a cryptocurrency mobile app featuring tracking services from more than 3,000 cryptocurrency assets and 100-plus exchanges. Since its debut in 2017, The Crypto App has close to two million downloads and more than… Read More

June 14, 2021 @ 10:37 pm By Omar Faridi  |  

Tyler Winklevoss, CEO at digital asset firm Gemini, recently noted that the company is pleased to confirm that they have completed the acquisition of Shard X, a developer of secure multi-party computation (MPC) cryptographic technology. As mentioned in the announcement, Gemini will be integrating Shard… Read More

June 14, 2021 @ 10:00 pm By Priyanka Pani  |  

Alibaba-backed Indian major Fintech major Paytm is reported to be in talks with a few domestic payment gateways for a possible acquisition as it firms up its strategy to go public this year. Paytm, owned by financial services firm One97, plans a $3 billion initial… Read More

June 14, 2021 @ 6:24 pm By Omar Faridi  |  

US-based Broadridge Financial Solutions (NYSE: BR), a tech solutions provider, revealed on Monday (June 14, 2021) that it has managed to acquire AdvisorStream, a leading provider of digital engagement and marketing solutions for the international wealth and insurance sectors. The terms of the transaction have… Read More

June 12, 2021 @ 7:21 pm By Omar Faridi  |  

Mastercard (NYSE: MA) revealed on Friday (June 11, 2021) that it has finalized its acquisition of Ekata, a provider of identity verification services that assist companies or businesses with making informed decisions when opening online accounts, conducting payments and handling various other digital interactions. Ajay… Read More

June 8, 2021 @ 10:07 pm By Omar Faridi  |  

Foreside Financial Group, LLC, a provider of governance, risk management, and compliance service and tech solutions to clients in the wealth management sector, has reportedly acquired  compliance consulting firm Golden Bear Consulting Group, LLC, a boutique regulatory compliance consultancy headquartered in Newport Beach, California. Launched… Read More

June 5, 2021 @ 10:39 am By Omar Faridi  |  

After its strategic acquisition of Bolsas y Mercados Españoles (BME) last year (subject to regulatory clearance), SIX says that it will be migrating BME’s trading platform to a version of its current platform. This will help with launching the future trading platform technology for both… Read More

June 4, 2021 @ 6:10 pm By Omar Faridi  |  

EVO Payments, Inc. (NASDAQ: EVOP), a multinational provider of payment tech integrations and acquiring solutions, recently revealed that it has entered into an agreement to acquire Pago Fácil, a digital commerce payment platform in Chile. The deal will be carried out in partnership with its… Read More

June 4, 2021 @ 3:51 pm By Omar Faridi  |  

Deluxe (NYSE: DLX) revealed on Tuesday (June 1, 2021) that it has now finalized the previously announced acquisition of First American Payment Systems for $960 million in cash. Deluxe had first announced the transaction on April 22, 2021. With the inclusion of the First American… Read More

June 2, 2021 @ 7:42 am By Omar Faridi  |  

Fintech firm Cushon, the pension and savings firm, revealed on Wednesday (June 2, 2021) that it has finalized a funding round of £26 million in order to finance its business expansion and product development, after its acquisition of a master trust pension scheme. Leading Cushon‘s… Read More

June 1, 2021 @ 1:47 pm By Samantha Hurst  |  

  Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Tuesday it is set to acquire additional 2.0% of the outstanding common shares of cryptocurrency platform, Coinsquare.  The acquisition was announced just a little over a month after Coinsquare… Read More

May 28, 2021 @ 10:22 pm By Samantha Hurst  |  

Worldline, (Euronext: WLN) a European payments and transactional services firm, announced on Friday it is set to acquire Greece-based network services provider, Cardlink. Worldline claims that Cardlink is the leading Greek Network Services Provider (NSP) with an above 240,000 POS fleet (46% of POS transactions), managing… Read More

May 22, 2021 @ 9:37 am By Omar Faridi  |  

Ireland’s Regtech firm Fenergo reveals that it has been acquired by private equity companies, the Paris-headquartered Astorg and London’s  Bridgepoint, from Insight Partners. Although the financial terms of the deal haven’t been shared publicly, the Irish Times said that industry sources claim that the transaction… Read More

May 18, 2021 @ 6:52 am By Omar Faridi  |  

Sweden’s Open Banking Fintech Tink has reportedly acquired German equivalent FinTecSystems. The latest acquisition by Tink should help the firm further expand its business operations across Europe. FinTecSystems aims to offer advanced data analytics, digital or online account checks, account aggregation and also supports Open… Read More