Tagged: acquisition

June 10, 2019 @ 9:57 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial announced on Monday it has completed its acquisition of RPM Technologies, a Canadian wealth management technology provider. Broadridge revealed it was acquiring the company last month for approximately $300 million. Broadridge stated at the time: “Building on Broadridge’s strong Canadian Wealth Management… Read More

May 28, 2019 @ 12:12 pm By Samantha Hurst  |  

Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, recently announced it has acquired AlphaDesk, a cloud-based Order Management System (OMS) that offers order and portfolio management, risk, and compliance solutions for buy-side clients…. Read More

May 21, 2019 @ 11:57 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial announced on Tuesday it is set to acquire Canadian wealth management technology provider, RPM Technologies for approximately $300 million. Broadridge reported that RPM’s technology platforms support more than 15 million customer accounts. Broadridge revealed: “Building on Broadridge’s strong Canadian Wealth Management business,… Read More

May 1, 2019 @ 8:22 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial announced on Wednesday it is now set to acquire Rockall, a market provider of securities-based lending (SBL) and collateral management solutions for wealth management firms and commercial banks. Broadridge reported that the acquisition expands its core front-to-back office wealth capabilities, providing… Read More

April 21, 2019 @ 9:55 pm By Samantha Hurst  |  

Just a little over seven months after being hacked for an estimated ¥6.7 billion yen ($60 million), Japanese cryptocurrency exchange Zaif is reportedly set to resumed activity. As previously reported, the infamous hack occurred on Friday, September 14th, when the hackers broke into Zaif exchange… Read More

April 17, 2019 @ 12:05 pm By Samantha Hurst  |  

Payments platform Stripe announced on Wednesday it has acquired Ireland-based Touchtech Payments, a software company, to accelerate Strong Customer Authentication (SCA) for financial institutions. According to Stripe, TouchTech Payments provides advanced SCA-ready authentication technology for some of Europe’s leading fintechs and challenger banks, like N26,… Read More

April 16, 2019 @ 12:42 pm By Samantha Hurst  |  

Mastercard (NYSE: MA) announced on Tuesday it has acquired Vyze, a technology platform that delivers more choice and purchasing power to people who want their point-of-sale payment options to match the flexibility and convenience of today’s shopping experiences. Mastercard reported: “Vyze shakes up traditional models… Read More

April 12, 2019 @ 11:06 am By Samantha Hurst  |  

Global online payment service provider PayU announced on Friday it has acquired digital payments company Wibmo for $70 million. PayU reported that the acquisition combines its merchant network and Wibmo’s leadership in digital transaction security solutions to offer payments solutions to merchants and financial institutions in India and… Read More

April 10, 2019 @ 8:32 am By Samantha Hurst  |  

YieldStreet, an online marketplace for a diverse array of asset-backed investments, announced on Wednesday it has acquired Athena Art Finance from The Carlyle Group and co-investors in a transaction valued at approximately $170 million. According to YieldStreet, Athena is a “pioneer in the global art… Read More

April 3, 2019 @ 3:44 pm By Samantha Hurst  |  

KeyBank National Association announced on Wednesday it has successfully completed the acquisition of Laurel Road Bank’s digital lending business. According to KeyBank, the acquisition underpins the banking group’s strategic growth efforts, by enhancing its digital capabilities through customized, end-to-end lending products. KeyBank reported that Laurel… Read More

April 2, 2019 @ 11:05 am By Samantha Hurst  |  

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Tuesday it has acquired digital business banking solution, Penta. According to FinLeap, Penta offers fast and easy business banking for digital companies. Penta, which counts over 5,500 digital businesses like AirHelp, bepro11, and Global Digital… Read More

March 25, 2019 @ 2:29 pm By Samantha Hurst  |  

Robinhood announced on Monday it has acquired MarketSnacks, which was described as a daily financial news podcast and newsletter, and has re-relaunched these products as Robinhood Snacks. According to Robinhood, as part of the acquisition, MarketSnacks Co-Founders Jack Kramer and Nick Martell are joining us… Read More

March 24, 2019 @ 3:27 am By JD Alois  |  

Republic, a Reg CF securities issuance platform, has acquired RenGen Labs a private equity platform that has operated in the initial coin offering/security token offering sector. RenGen was previously operating as SaftLaunch but rebranded in April 2018. At that time, the company indicated its interest… Read More

March 18, 2019 @ 8:13 am By Samantha Hurst  |  

Global payment technology provider Worldpay, Inc. (NYSE: WP; LSE: WPY) announced on Monday it has been acquired by FIS (NYSE: FIS), a financial services technology firm. FIS reportedly purchased the payment processor for $35 billion. Founded in 1993, WorldPay claims to be a “global leader” in payments… Read More

March 14, 2019 @ 8:20 am By Samantha Hurst  |  

seriesOne, a blockchain based fintech firm, announced on Wednesday its acquisition of Dynamo Development, a custom software development company with a mature engineering team based in the Ukraine. According to seriesOne, the acquisition enables it to expand and strengthen its in-house technology development capabilities, to accelerate… Read More

March 12, 2019 @ 2:17 pm By Samantha Hurst  |  

Just days after announcing its acquisition of global cross-border account-to-account money transfer network, Transfast, credit card giant Mastercard announced on Tuesday it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time… Read More

March 11, 2019 @ 8:26 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Monday it has acquired Australian credit risk solution provider, InfraRisk. PINTEC reported the acquisition represents a new milestone in its international expansion. “With InfraRisk as a wholly-owned unit, PINTEC will further enhance its capability to serve financial… Read More

March 4, 2019 @ 2:47 pm By Samantha Hurst  |  

WorldFirst, a UK-based fintech firm that specializes in international payments, global bank account solutions, and foreign exchange, announced on Monday it has acquired Australian-based CurrencyVue. Launched in 2015, CurrencyVue reportedly has been at the forefront of innovation within foreign exchange risk management, developing a unique… Read More

February 21, 2019 @ 7:51 am By Samantha Hurst  |  

hTrunk, an India-based company that provides big data and analytics solutions to the banking industry, announced this week it has been acquired by banking software firm Temenos. Founded in 2015, hTRUNK stated its product enables smarter data application development on Apache Hadoop leveraging Apache Spark as… Read More

February 19, 2019 @ 1:38 pm By Samantha Hurst  |  

Cryptocurrency exchange platform Coinbase announced on Tuesday it has acquired blockchain intelligence platform, Neutrino. Founded in 2016, Neutrino stated it is focused on developing a comprehensive platform for analyzing, tracking, and investigating bitcoins’ blockchain and other virtual currencies.  “Using proprietary technologies, Neutrino develops solutions for monitoring, analyzing,… Read More