Tagged: acquisition

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

May 17, 2021 @ 3:09 pm By Samantha Hurst  |  

    Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Monday it is set to acquire Fortification Capital Inc., a Canadian registered investment dealer. According to Mogo, the acquisition will bring order execution only (OEO) registration capabilities, which… Read More

May 16, 2021 @ 10:15 pm By Samantha Hurst  |  

U.S.-based fintech Stripe announced on Friday it has acquired Bouncer, a card authentication technology company that is seeking to reduce fraud during online transactions. According to Stripe, Bouncer’s card scanning and risk technology is used to help online businesses reduce fraud and authenticate cards.  Stripe also revealed… Read More

May 14, 2021 @ 8:53 am By Samantha Hurst  |  

    Happy Returns, a U.S.-based returning product startup, announced on Friday it has been acquired by PayPal Holdings, Inc. (NASDAQ:PYPL). Founded in 2015, Happy Returns seeks to retain revenue, reduce cost, give shoppers choice, and make supply chains sustainable by making returns “beautiful” for… Read More

May 14, 2021 @ 8:08 am By Samantha Hurst  |  

    Guru Capital announced on Friday it is set to acquire UK-based fintech, Oval Money. According to Guru Capital, Oval Money will be integrated into its portfolio company, CFD Broker ETX Capital. As previously reported, Oval Money provides easy to read, readily available information… Read More

May 12, 2021 @ 9:44 am By Samantha Hurst  |  

    U.S.-based fintech Broadridge Financial Solutions (NYSE:BR) announced on Wednesday it has completed the acquisition of Itiviti Holding AB (“Itiviti”), a provider of trading and connectivity technology to the capital markets industry. Broadridge notably purchased Itiviti from Nordic Capital in an all-cash transaction valued… Read More

May 10, 2021 @ 11:07 pm By Omar Faridi  |  

Forge Global, a multinational private securities marketplace, has revealed that it has acquired the Financial Industry Regulatory Authority’s (FINRA) approval to offer services as a single broker dealer with SharesPost after a merger last year. Forge Global has also finalized an oversubscribed investment round of… Read More

May 10, 2021 @ 7:57 am By Samantha Hurst  |  

  Nuvei, a global payment technology provider based in Canada, recently announced it has acquired Simplex, an EU-licensed financial institution that provides the fiat infrastructure for the cryptocurrency industry, for approximately $250 million. Nuvei reported that the acquisition will provide it with an electronic money… Read More

May 7, 2021 @ 9:54 pm By Omar Faridi  |  

Bill.com, an established provider of Cloud-enabled software that aims to simplify, digitize, and automate routine back-office financial operations for SMEs, has reportedly entered into a definitive agreement to acquire expensive management Fintech Divvy. The acquisition deal will involve a stock and cash transaction of around… Read More

May 5, 2021 @ 8:04 am By Samantha Hurst  |  

      Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Wednesday it has completed its acquisition of Moka Financial Technologies Inc. (Moka). As previously reported, Moka (originally Mylo) is on a mission to help its users achieve their… Read More

May 3, 2021 @ 11:00 am By Samantha Hurst  |  

    TD Bank announced on Monday it has completed the acquisition of Wells Fargo’s Canadian Direct Equipment Finance business. TD Bank reported that the acquisition adds scale and capabilities to its existing Canadian Equipment Financing business and expands the bank’s presence in core markets. While… Read More

April 27, 2021 @ 3:59 pm By Samantha Hurst  |  

  U.S.-based fintech Stripe announced on Tuesday it has entered into an agreement to acquire TaxJar, a provider of sales tax software for internet businesses. According to Stripe, the acquisition will help internet businesses with tax compliance. As the latest addition to Stripe’s revenue platform,… Read More

April 22, 2021 @ 3:33 pm By Samantha Hurst  |  

    U.S. fintech Affirm announced on Wednesday it has acquired Returnly, online return experiences, and post-purchase payments platform, for approximately $300 million. According to Affirm, Returnly serves more than 1,800 merchants, has helped process more than $1 billion in returns, and has been used by over… Read More

April 21, 2021 @ 10:10 am By Samantha Hurst  |  

    Credijusto, an SME lending platform that is based in Mexico, announced on Wednesday the acquisition of Visor, a data analytics and digital factoring platform. According to Credijusto, Visor has analyzed over 15,000 companies in Latin America. Additionally, the company’s services have been used by… Read More

April 20, 2021 @ 11:37 pm By Omar Faridi  |  

UK-based digital banking challenger Starling‘s CEO Anne Boden has revealed that the Fintech Unicorn is now well-positioned to acquire another lender. Boden also noted that there’s not a significant requirement for technology visas since the UK has the required talent. Starling, which has strategic funding… Read More

April 20, 2021 @ 10:27 am By Samantha Hurst  |  

U.S.-based fintech FirstClose announced on Tuesday it has acquired HomeScout, a real estate technology provider. According to FirstClose, HomeScout will bring together various services to the mortgage and title industries, including purchase and portfolio business solutions, lead generation, lead qualification, agent match, monitoring, and a… Read More