Tagged: acquisition

February 9, 2021 @ 9:53 am By Samantha Hurst  |  

InDebted, an Australia-based fintech that specializes in digital debt collection for unsecured consumer debt, announced on Monday it has acquired Delta Outsourced Group Inc. as it prepares to expand its services to the U.S. InDebted reported that the U.S. is the fourth market it has… Read More

February 9, 2021 @ 8:13 am By Samantha Hurst  |  

Equifax (NYSE: EFX) announced on Tuesday it has acquired transaction data analytics company AccountScore Holdings Limited to bolster its Open Banking and insights capabilities. Equifax reported that the acquisition will see it enhance its consumer and commercial product offerings, combining traditional credit bureau information held by… Read More

February 5, 2021 @ 8:12 am By Samantha Hurst  |  

  UK-based mobile payments company SumUp recently announced it has acquired European gastronomy merchant digital services Tiller.  The company announced the acquisition just after it revealed it acquired core banking solutions provider, Paysolut. Speaking about the acquisition, SumUp released a statement stating: “As a leading player in… Read More

February 4, 2021 @ 9:07 pm By Omar Faridi  |  

Malaysia-based Kenanga Investment Bank Bhd, a financial services company that offers investment banking, stockbroking and investment management services, has reportedly acquired i-VCAP Management Sdn Bhd through its wholly-owned subsidiary Kenanga Investors Bhd (KIB). The acquisition was made after obtaining approval from the Securities Commission of… Read More

February 3, 2021 @ 2:36 pm By Samantha Hurst  |  

UK-based mobile payments company SumUp announced on Tuesday it has acquired core banking solutions provider, Paysolut. Paysolut reported that it serves future unicorns of fintech by providing its mobile banking platform to run their businesses on. The company has already been working with SumUp for the past… Read More

February 1, 2021 @ 12:19 pm By Samantha Hurst  |  

  Blockdaemon, a U.S.-based blockchain infrastructure platform for node management, announced on Monday the acquisition of Lunie, a staking and governance platform for the management of Proof-of-Stake (PoS) blockchains. Blockdaemon reported the acquisition will significantly strengthen its existing service offering by enhancing its scope into areas… Read More

February 1, 2021 @ 10:09 am By Samantha Hurst  |  

U.S. tech platform CURO Group Holdings Corp. (NYSE: CURO) announced on Monday it is set to acquire Canada-based point-of-sale financing and payment tech provider Flexiti. CURO reported that under the terms of the agreement, it will acquire Flexiti for cash at closing of $85 million. The… Read More

January 29, 2021 @ 2:30 pm By Samantha Hurst  |  

  Synchrony  (NYSE: SYF) announced earlier this week it has reached a definitive agreement to acquire Allegro Credit, a provider of point-of-sale consumer financing for audiology products, dental services and musical instruments. According to Synchrony, Allegro Credit’s merchant network and customer base will join the health… Read More

January 29, 2021 @ 11:58 am By Samantha Hurst  |  

  FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company, announced on Thursday it has acquired Roger, a global accounts payable (AP) cloud software platform for small businesses. FLEETCOR reported that the acquisition will extend its portfolio of accounts payable automation solutions to small… Read More

January 29, 2021 @ 11:41 am By Samantha Hurst  |  

National Australia Bank Limited (NAB) announced on Friday it has entered into a scheme implementation agreement to acquire 100% of the shares in 86 400 Holdings Ltd, the holding company of Australian neobank, 86 400. According to NAB, the acquisition is to help accelerate UBank’s… Read More

January 28, 2021 @ 9:44 am By Samantha Hurst  |  

  PNC Bank announced on Wednesday it has reached a definitive agreement to acquire payment gateway provider Tempus Technologies. According to PNC, the acquisition will expand the banking group’s Treasury Management’s payments platform, which enables corporate clients to manage payable and receivables through a single… Read More

January 22, 2021 @ 1:42 pm By Samantha Hurst  |  

  Fiserv, Inc. (NASDAQ: FISV), a global provider of payments and financial services technology solutions, announced on Friday it has completed its acquisition of Ondot Systems, Inc. The company previously stated it was acquiring Ondot last month. As previously reported, Ondot processes more than one… Read More

January 21, 2021 @ 9:12 am By Samantha Hurst  |  

iCapital Network, a fintech providing access to alternative investments, announced on Thursday it is set to acquire the assets of AI Insight, Inc., an alternative investment education and compliance platform. According to iCapital Network, the AI Insight platform offers financial advisors investment research, training, qualification,… Read More

January 20, 2021 @ 8:45 am By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has revealed that it will be acquiring leading blockchain infrastructure platform, Bison Trails. Coinbase stated in a blog post published on January 20, 2020 that the planned acquisition will allow Bison Trails to “accelerate its mission” to offer intuitive and… Read More

January 16, 2021 @ 8:11 pm By Omar Faridi  |  

Digital brokerage solution provider DriveWealth, which notably secured $56.7 million through a Series C funding round in October 2020, is now planning to introduce its API-enabled brokerage technology platform for retail clients. The platform will be launched on the floor of the NYSE, following a… Read More

January 14, 2021 @ 4:10 pm By Samantha Hurst  |  

  Toronto-Dominion Bank (TD Bank) announced on Thursday it has signed a definitive agreement to acquire Wells Fargo’s Canadian Direct Equipment Finance business. TD reported that the acquisition of Wells Fargo’s Canadian Direct Equipment Finance business is expected to add scale and capabilities to its… Read More

January 10, 2021 @ 4:30 pm By Omar Faridi  |  

US-based wealth management tech platform Addepar notes that for many years, wealth managers have had important questions that have been “surprisingly difficult to answer.” For instance, they want to know what exactly they own in their portfolios and where they own these assets. Wealth managers… Read More

January 7, 2021 @ 3:24 pm By Samantha Hurst  |  

PAYMNT Financial, a U.S.-based blockchain fintech startup, announced on Thursday it has acquisition LettucePay, which is a payment technology firm that specializes in cryptocurrency payments. PAYMNT reported that the acquisition makes it possible for its platform to integrate cryptocurrencies as a form of payment at… Read More

January 6, 2021 @ 10:41 am By Samantha Hurst  |  

French banking group Orange Bank announced on Wednesday it is set to acquire neobank Anytime. Orange Bank claims that the acquisition enables it to address the professional and small business market, as well as support the banking group’s footprint and is fully aligned with the… Read More

January 5, 2021 @ 11:22 pm By Omar Faridi  |  

UK-based Cashplus, a banking and credit services provider for SMBs and consumers, has entered a definitive agreement to acquire the current account portfolio of icount. The amount paid for the acquisition has not been shared publicly. The deal, which may be finalized in early 2021,… Read More