Tagged: acquisition

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

February 18, 2019 @ 2:31 pm By Samantha Hurst  |  

Personal finance media platform DollarsandSense.sg has acquired the Singapore-based fintech startup, fundMyLife, Reuters has reported. Founded in 2017, fundMyLife describes itself as a platform that intelligently connects consumers with financial advisers based on the financial planning questions that they ask. “fundMyLife connects your financial planning questions to the… Read More

February 14, 2019 @ 8:59 pm By Samantha Hurst  |  

Accenture (NYSE: ACN) announced on Thursday it has completed its acquisition of Orbium, a management consultancy and technology services provider to the financial services industry. As previously reported, Accenture revealed that the acquisition will further strengthen Accenture’s ability to provide innovative services to clients in the private-banking and wealth-management… Read More

February 14, 2019 @ 8:51 pm By Samantha Hurst  |  

Canadian cryptocurrency platform Coinsquare announced on Thursday it has acquired global decentralized cryptocurrency exchange, StellarX. The acquisition of StellarX reportedly comes on the heels of Coinsquare’s December 2018 acquisition of BlockEQ, which will be rebranded to become the anchor wallet for the StellarX platform. According to Coinsquare, StellarX… Read More

February 14, 2019 @ 8:52 am By Samantha Hurst  |  

Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, has reportedly acquired UK payments firm, WorldFirst, to further advance its global expansion efforts. This news comes less than a couple of months after Ant Financial began acquisition talks. It was… Read More

February 7, 2019 @ 1:42 pm By Samantha Hurst  |  

Issuance, Inc., a marketing platform for digital securities, announced on Thursday it has completed the acquisition of financial marketing firm CrowdfundX. The acquisition was announced at the beginning of November and the transaction closed successfully on February 1, 2019, following receipt of company approvals and execution… Read More

January 23, 2019 @ 9:14 am By Samantha Hurst  |  

U.S. fintech startup Kyriba Corp. announced on Wednesday it has reached an agreement to acquire FiREapps, an enterprise currency management firm, to create a solution for managing a lifecycle of global foreign exchange (FX) risk. According to Kyriba, the agreement will combine two global leaders in cloud treasury and… Read More

January 17, 2019 @ 8:08 am By Samantha Hurst  |  

Blockspring, a U.S.-based financial service startup, announced this week its team will be joining Coinbase. Speaking about joining Coinbase, CEO and Co-Founder, Paul Katsen, revealed in a blog post: “Back in summer 2014, Jason, Don, and I launched a tool for developers to easily build APIs without needing to… Read More

January 17, 2019 @ 7:30 am By Samantha Hurst  |  

KeyBank National Association announced on Wednesday KeyBank and Laurel Road Bank have entered into a definitive agreement for the acquisition by Key of Laurel Road’s digital lending business. KeyBank reported that through the acquisition it will enhance its digital capabilities with customer-centric technology. According to… Read More

January 16, 2019 @ 10:24 am By Samantha Hurst  |  

MUFG Americas Holdings Corporation (MUAH) and GE Capital announced on Wednesday that MUFG Union Bank, N.A., a subsidiary of MUAH, will be acquiring Trade Payable Services (TPS), a supply chain finance platform, from GE Capital. MUFG Union Bank will reportedly assume management control of the systems and processes… Read More

January 10, 2019 @ 7:49 am By Samantha Hurst  |  

Online lending exchange LendingTree(NASDAQ: TREE) announced on Wednesday it has acquired certain assets of Dubond Infotech Services, LLP through a subsidiary after exercising its previously disclosed purchase option acquired in connection with its MagnifyMoney acquisition in June 2017. According to LendingTree, the Dubond transaction was completed on December 31,… Read More

January 9, 2019 @ 11:04 am By Samantha Hurst  |  

Accenture (NYSE: ACN) announced on Wednesday it has agreed to acquire Orbium, a management consultancy and technology services provider to the financial services industry, headquartered in Switzerland. According to Accenture, the acquisition will further strengthen Accenture’s ability to provide innovative services to clients in the private-banking and wealth-management… Read More

January 8, 2019 @ 11:24 am By Samantha Hurst  |  

Dinghy, a UK-based insurtech platform specifically for freelancers, has been acquired from UK insurer Kingsbridge. This news comes just one year after Dinghy secured $1.2 million during its seed funding round led by Balderton Capital. As previously reported, Dinghy was founded in 2017 by co-founders Ben Wilks, Robert… Read More

January 8, 2019 @ 10:25 am By Samantha Hurst  |  

Plaid, a U.S.-based fintech startup, announced on Tuesday it has acquired data platform Quovo. According to Plaid, acquiring Quovo will make it easier for developers to build products that incorporate investment and brokerage data on its platform. It was revealed: “Financial applications have historically used Plaid… Read More

December 28, 2018 @ 9:40 pm By Samantha Hurst  |  

Financial service giant, Visa, is reportedly set to acquire Earthport, a UK-based cross-border payment service specifically for banks and businesses. The company reported through its service, clients are able to manage payments to almost any bank account in the world, as well as reduce cost and… Read More

December 27, 2018 @ 1:43 pm By Samantha Hurst  |  

Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, is reportedly in talks to acquire UK payments firm, WorldFirst, for $700 million. According to Sky News, Ant Financial has been in talks to purchase WorldFirst for the past several months. … Read More

December 21, 2018 @ 9:58 pm By Samantha Hurst  |  

Temenos (SIX: TEMN) announced on Friday it has completed its acquisition of Avoka. The company previously announced it was acquiring the Australia-based SaaS vendor to further strengthen its Temenos Digital Front Office product, which has more than 300 banking clients and has been recognized as a leader by… Read More

December 18, 2018 @ 11:01 am By Samantha Hurst  |  

Business commerce platform Tradeshift announced on Tuesday it has acquired cloud integration technology firm, Babelway. According to Tradeshift, Babelway has provided a standardized way for businesses to connect disparate systems with ease and speed. Babelway’s “powerful” technology will now be offered as Tradeshift Link. Tradeshift explained: “Tradeshift… Read More

December 18, 2018 @ 9:47 am By Samantha Hurst  |  

Albert, a UK-based bookkeeping mobile app, announced on Tuesday it has been acquired by banking group, Santander. Founded in 2014, Albert describes itself as the “brainchild” of the created of award-winning mobile apps such as NatWest, RBS, and the BBC. The app provides customers with a… Read More