Tagged: acquisition

June 12, 2018 @ 8:50 pm By Samantha Hurst  |  

LendingTree, Inc. (NASDAQ:  TREE) announced on Tuesday its subsidiary, LendingTree, LLC, completed its acquisition of Ovation Credit Services, Inc., a leading provider of credit services with a strong customer service reputation. The acquisition was announced last month. According to LendingTree Ovation Credit Services utilizes a proprietary software… Read More

June 11, 2018 @ 8:51 pm By Samantha Hurst  |  

On Monday, global fintech InvestCloud announced it has acquired London-based rplan Limited for $20 million. According to InvestCloud, rplan is a provider of client engagement technology to support investment propositions for web and mobile. The company’s client base includes four of the top eight UK… Read More

June 7, 2018 @ 10:59 pm By Samantha Hurst  |  

On Thursday, insurtech startup CoverWallet announced that global insurance company Zurich Insurance Group (VTX: ZURN) has acquired a minority stake in the company. According to CoverWallet, the investment builds on a commercial partnership between CoverWallet and Zurich in Europe that was announced in February. CoverWallet also… Read More

June 7, 2018 @ 10:39 pm By Samantha Hurst  |  

On Thursday, point-of-sale financing and payment tech provider Flexiti announced it has acquired TD Financing Services’ (TDFS) Canadian private label credit card portfolio, which is valued at approximately $250 million. According to Flexiti, the acquisition includes an equity investment of over $50 million led by… Read More

June 7, 2018 @ 8:30 am By Samantha Hurst  |  

On Thursday, global fintech Broadridge Financial announced it has further expanded its global market intelligence business with its recent acquisition of MackayWilliam, a European fund market, and research firm. According to Broadridge, the acquisition will combine its fund data and analytics solution with MackayWilliam’s European… Read More

June 4, 2018 @ 12:45 pm By Samantha Hurst  |  

Paysafe Group, a U.S.-based global payments provider, announced on Monday that it has completed the acquisition of iPayment Holdings, Inc., which was signed earlier this spring. According to Paysafe, iPayments is a provider of payment and processing solutions for small and medium-sized businesses and generated processing… Read More

May 22, 2018 @ 11:47 am By Samantha Hurst  |  

UK-based blockchain company nChain announced on Tuesday it closed deal terms to acquire a majority stake in HandCash, a Bitcoin Cash mobile wallet that uses near field communication (NFC) technology to make it as easy for users to send Bitcoin Cash to someone as if… Read More

May 18, 2018 @ 9:16 pm By Samantha Hurst  |  

Sageworks, a U.S. fintech that offers lending, credit risk, and portfolio risk solutions to banks and credit unions, announced on Friday it was acquired by Accel-AKKR, a private equity firm based in Menlo Park, California. As previously reported, Sageworks, which was founded in 1998, offers banks and… Read More

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

On Friday, CEO and Co-founder of iZettle, Jacob de Geer announced he and his team have reached an agreement with PayPal to acquire the Swedish fintech. The acquisition agreement comes less than two weeks after the company announced its plan to proceed with an initial public… Read More

May 15, 2018 @ 2:41 pm By Samantha Hurst  |  

Worldline, (Euronext: WLN) a European payments and transactional services firm announced on Tuesday it has formed a strategic partnership with SIX and will be acquiring SIX Payment Services, the payment services division of SIX, for €2.3 million (CHF 2,750 million). According to Worldline, SIX Payment Services… Read More

May 15, 2018 @ 11:18 am By Samantha Hurst  |  

Deutsche Bank announced on Tuesday it has acquired Quantiguous Solutions, an India-based software company, to strengthen its Global Transaction Banking franchise. Deutsche reported that with the help of Quantiguous it will accelerate the development of its Open Banking platform that forms the core for developing innovative… Read More

May 11, 2018 @ 9:49 am By Samantha Hurst  |  

LendingTree, Inc. (NASDAQ: TREE) announced on Friday it has entered into a definitive agreement to acquire Ovation Credit Services, Inc., a provider of credit services with a strong customer service reputation. According to LendingTree, Ovation Credit Services utilizes a proprietary software application that facilitates the credit… Read More

May 8, 2018 @ 8:43 am By JD Alois  |  

​ S​eedly​, a personal finance management platform, has been acquired by ​ShopBack​, a “lifestyle portal” that enables smarter purchase decisions. ​Both companies are based in Singapore. Cashback received an investment of USD $40 million in November 2017 and this is the first acquisition announcement since… Read More

May 4, 2018 @ 9:14 am By Samantha Hurst  |  

On Thursday, IBM announced it has acquired aggregation and analytics software provider Armanta. IBM reported it has worked with Armanta for the past two years to deliver financial risk solutions to clients globally. The combination of IBM’s and Armanta’s technology and expertise has allowed IBM to… Read More

May 3, 2018 @ 2:00 pm By Samantha Hurst  |  

Last week, Jack Dorsey’s Square announced it has entered into a definitive agreement to acquire Weebly. The company reported it will pay a mix of cash and stock of approximately $365 million, which will include Square restricted stock units for Weebly’s founders and employees that… Read More

April 27, 2018 @ 1:00 pm By Samantha Hurst  |  

Billtrust, a fintech firm focused on B2B payment cycle management, announced earlier this week that it has acquired trade credit risk firm, Credit2B. Billtrust revealed that the transaction expands its Quantum solution suite with the addition of business credit reports, online credit applications, machine learning credit… Read More

April 26, 2018 @ 9:04 am By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has acquired 10% stake in blockchain and cryptocurrency specialist firm, Metaco. Founded in 2014, Metaco is described as a company that has developed specialist cryptographic solutions that be… Read More

April 20, 2018 @ 9:13 am By Samantha Hurst  |  

TransUnion (NYSE: TRU) announced on Friday it has agreed to acquire UK-based consumer credit bureau Callcredit. The credit bureau giant reported it acquired Callcredit for the price of £1 billion. While sharing more details about the acquisition, Jim Peck, TransUnion’s President and CEO, stated: “TransUnion and Callcredit have… Read More

April 16, 2018 @ 4:26 pm By Samantha Hurst  |  

Earn.com, a platform that gives users cryptocurrencies for doing tasks such as replying to emails, announced on Monday it is being acquired by digital wallet and crypto exchange, Coinbase. As part of the acquisition, Earn’s Co-Founder and CEO, Balaji Srinivasan, will join Coinbase and assume the role… Read More

March 28, 2018 @ 9:20 am By Samantha Hurst  |  

On Tuesday, global fintech firm Broadridge Financial Solutions announced it has completed the acquisition of Israel-based digital technology company, ActivePath. According to Broadridge, ActivePath’s technology enhances the consumer experience associated with consumer statements, bills, and regulatory communications.  ActivePath notably extends Broadridge’s ability to transform and… Read More