Tagged: acquisition

Accenture to Acquire Cabel Industry, Enhancing Financial Services Capabilities in Italy

Accenture (NYSE: ACN) has entered into an agreement with the Fibonacci Group to acquire Cabel Industry, an Italian tech company that provides specialized core banking and IT managed services to mid-size financial institutions. The acquisition will enhance the managed services portfolio of Accenture Financial Advanced… Read More

Meta Acquires Singapore based AI Startup Manus to Advance Autonomous Agents

Meta Platforms (NASDAQ:META) has announced its acquisition of Manus AI, a Singapore-headquartered startup specializing in autonomous artificial intelligence agents. The move aims to enhance Meta’s capabilities in deploying versatile AI tools across its ecosystem of consumer apps and enterprise solutions. Manus AI, known for its… Read More

Alphabet (Google) Acquires AI Firm Intersect as Artificial Intelligence Grows in Importance

Alphabet (aka Google) (NASDAQ:GOOG) has announced the acquisition of Intersect, a firm that provides data and energy infrastructure. The company said the purchase price was $4.75 billion in cash plus the assumption of debt. The deal is expected to close in the first half of… Read More

Insurtech Lumera Announces Plans to Acquire UK’s Acuity

Lumera, an insurtech company dedicated to the digital transformation of the European Life and Pensions industry, entered into an agreement to acquire Acuity, a consultancy firm serving the UK market, specializing in pensions and workforce reforms for public sector pension schemes. The firm reportedly has… Read More

Regnology Agrees to Acquire Moody’s Regulatory Reporting and ALM Solutions

Regnology, a provider in regulatory, risk, tax, and finance reporting, as well as supervisory tech, announced it signed an agreement for the acquisition of Moody’s Regulatory Reporting & ALM Solutions business, inclusive of solutions “for Basel III compliance, IFRS9 impairment accounting, large bank asset-liability management… Read More

Diamond Hill Investment Group to be Acquired by First Eagle Investments

Diamond Hill Investment Group, Inc. (Nasdaq: DHIL), a boutique investment management firm with a long-term, valuation-disciplined approach across multiple asset classes, and First Eagle Investments, a privately owned, “fundamentally driven” investment management firm, announced that they have entered into a definitive agreement under which First… Read More

Anchorage Digital Introduces Token Management Solution to Enable Protocol Growth

Anchorage Digital has reportedly launched a full-stack token management solution to enable the so-called next-gen of protocol growth. Protocols are now able to effectively manage their entire token cap table and do so with “institutional-grade” security enabled by Anchorage Digital. As a partner for various… Read More

Anchorage Digital Announces Acquisition of Securitize for Advisors Platform to Enhance Wealth Management Services

Anchorage Digital, home to the federally chartered crypto bank, announced it has acquired the Securitize For Advisors (SFA) business unit from its parent company, Securitize. SFA is a crypto wealth management platform for registered investment advisors (RIAs). With this acquisition, Anchorage Digital will expand its… Read More

Enova International to Acquire Grasshopper Bank

Enova International, Inc. (NYSE: ENVA), a financial services company powered by machine learning and analytics, announced it signed a definitive agreement to acquire Grasshopper Bancorp, Inc., and its wholly owned subsidiary Grasshopper Bank N.A., in a cash and stock transaction “valued at approximately $369 million.”… Read More

Exor Rejects Tether Offer to Buy Juventus Controlling Stake

Exor, the investment company controlled by Italy’s Agnelli family, said on Saturday its board had unanimously rejected an unsolicited approach from cryptocurrency group Tether to buy Exor’s stake in Juventus, keeping the Turin club under its long-time owners. Exor said it had received a proposal… Read More

Fintechs Combine: Mollie Acquires GoCardless

Mollie has signed an agreement to acquire GoCardless, a UK-based bank payment company that offers solutions for businesses to collect recurring and one-off payments directly from customer bank accounts using direct debit and open banking. The terms of the deal were not revealed, but reports… Read More

Robinhood Markets Set to Enter Indonesia with Key Acquisitions

Robinhood  (NASDAQ: HOOD) reportedly entered into agreements in order to acquire Indonesian brokerage PT Buana Capital Sekuritas as well as licensed digital asset trader PT Pedagang Aset Kripto. According to the latest announcement, the recent acquisitions will now officially mark Robinhood’s entry into Indonesia, accelerating… Read More

Kraken to Acquire Backed, Enabling xStocks Expansion and Addressing Demand for Tokenized Equities

Digital assets trading and investing platform Kraken announced that have agreed to acquire Backed Finance AG, the company driving the issuance of xStocks, the leading industry standard for tokenized equities. The acquisition will accelerate the global adoption of xStocks; unifying issuance, trading and settlement to… Read More

France’s Cegid Strikes Deal for Shine to Build SMB ‘Finance Hub’

French business software provider Cegid has agreed to buy European Fintech Shine, as the accounting and payroll specialist pushes deeper into payments and prepares for a wave of mandatory e-invoicing reforms across the region. The companies said they had signed a definitive agreement to combine,… Read More

Paxos Announces Acquisition of Fordefi to Build Custody Infrastructure Layer to Enable On-Chain Economy

Paxos, the blockchain infrastructure platform, announced it has acquired Fordefi, which is described as an institutional-grade custody and wallet technology provider. Businesses have reportedly relied on Paxos for custodial infrastructure as they enter the on-chain financial economy. Digital asset market adoption continues and customers require… Read More

Robinhood Extends Prediction Markets Offering via JV and Partnership with Susquehanna

Robinhood (NASDAQ: HOOD) is reportedly introducing a futures and derivatives exchange and clearinghouse, deepening our investment in Prediction Markets and better positioning us to deliver various products to our customers. JB Mackenzie, VP and General Manager of Futures and International at Robinhood said that they… Read More

Fintech Architecture Provider BKN301 Extends Series B to €33M

BKN301 Group, a Fintech Architecture Provider, has recently announced milestones marking a new phase in its growth journey: it has secured credit facility from funds and accounts managed by BlackRock, and acquired Planky, a UK-based tech firm specialized in AI-driven financial analytics and open banking…. Read More

Crypto Platform Exodus to Acquire W3C Corp and Subsidiaries Baanx, Monavate

Exodus Movement, Inc. (NYSE: EXOD), a self-custodial cryptocurrency platform, announced it has entered into a definitive agreement to acquire W3C Corp, the parent entity of Monavate Holdings Ltd. and its subsidiaries (collectively, Monavate) and Baanx.com Ltd. and Baanx US Corp, two providers of card and… Read More

Equifax Announces Acquisition of HR Platform Vault Verify

Equifax (NYSE: EFX) announced that it has completed the acquisition of Vault Verify, a provider of HR services, such as employment and income verification services. According to the update from Equifax, this acquisition enhances the data that Equifax provides to verifiers to “help them make… Read More

Carta to Acquire Sirvatus to Provide Loan Operations to Private Credit Fund CFOs

Carta, the software platform for private capital, announced that it has acquired Sirvatus, a loan administration platform for private credit funds. The acquisition reportedly makes Carta the first integrated platform for private credit fund CFOs, combining fund administration, loan operations, and investor reporting into an… Read More

Send this to a friend