Tagged: acquistion

November 13, 2020 @ 12:50 pm By Omar Faridi  |  

India’s Tata Consultancy Services (TCS) has reportedly made a strategic agreement with Prudential Financial Inc (PFI). According to the terms of the deal, TCS will be acquiring PFI’s subsidiary, Pramerica Systems Ireland Ltd.’s selected assets. The staff members at Pramerica will continue working in their… Read More

March 12, 2020 @ 7:09 am By Omar Faridi  |  

London-based Salary Finance, a company that specializes in salary-linked savings and loans for workers across the UK, has reportedly acquired Neyber, a Goldman Sachs-backed competitor.  Neyber was founded in 2016 by former Goldman Sachs employees Martin Ijaha and Monica Kalia and joined by former Credit… Read More

January 30, 2020 @ 4:37 am By Omar Faridi  |  

France-based cooperative Crédit Agricole has reportedly acquired a majority stake in Fintech firm Linxo, which serves as a payment aggregation and initiation service. Established in 2010 and headquartered in Aix-en-Provence, Linxo offers account aggregation, payment initiation and personal finance management services through a robust technology… Read More

March 6, 2019 @ 11:11 am By Samantha Hurst  |  

Wave, a Canada-based financial services and software for small businesses, announced on Wednesday it has acquired Every, a fintech company that provides business accounts and debit cards to small businesses. Wave reported that the acquisition advances its plans to integrate more financial products and services… Read More

January 30, 2018 @ 9:55 am By Samantha Hurst  |  

UK-based fintech firm Finastra announced on Tuesday it has acquired Olfa Soft SA and its FX e-trading platform for banks and financial institutions. According to Finastra, the acquisition enables the company to deliver an end-to-end real-time eFX trading solution for banks’ treasury departments, covering distribution, position-keeping, post-trade,… Read More