Tagged: merger

June 25, 2021 @ 7:36 am By Omar Faridi  |  

Germany-based Fintech firms Raisin and Deposit Solutions have reportedly decided to merge their operations in order to establish a new company in the business-to-consumer or B2C savings sector. Deposit Solutions currently operates deposit marketplaces for more than 150 partners, such as large institutions including Deutsche… Read More

April 11, 2021 @ 4:41 pm By Omar Faridi  |  

CurrencyFair, a cross-border payments solution provider, and Assembly Payments, whose platform aims to fully automate complex payment workflows, recently revealed that they’ve merged operations as part of a strategic investment from Standard Chartered (which is subject to shareholder approval and regulatory clearance). As noted by… Read More

April 8, 2021 @ 11:35 pm By Omar Faridi  |  

Axiata Group and Telenor Asia revealed on Thursday (April 8, 2021) that they’ve revisted and confirmed their merger plans involving Celcom and Digi. At present, the deal is in advanced discussions. Malaysian telecoms company Axiata Group Bhd and Norway-based Telenor ASA will be focused on… Read More

March 26, 2021 @ 9:07 am By JD Alois  |  

The UK Competition and Markets Authority (CMA) has publicly acknowledged the decision by Crowdcube and Seedrs to abandon the proposed merger of the two venture financing platforms. This past week, the CMA announced it had provisionally decided not to allow the merger to be consecrated…. Read More

February 19, 2021 @ 5:49 pm By Omar Faridi  |  

Accuity and LexisNexis Risk Solutions have confirmed that they’re planning to merge their business operations. Accuity will reportedly become a part of the LexisNexis Risk Solutions Group which currently operates in over 100 different countries. Both companies are a part of RELX, a multinational provider… Read More

February 3, 2021 @ 4:57 pm By JD Alois  |  

Crowdcube and Seedrs are in the midst of a review by the Competition and Markets Authority (CMA) regarding the proposed merger between the two early-stage funding platforms. The proposed merger was revealed in October of 2020. At that time, Seedrs CEO Jeff Kelinsky stated: “We… Read More

November 12, 2020 @ 8:24 am By JD Alois  |  

  The UK Competition and Markets Authority (CMA) has agreed to fast track the merger of Seedrs and Crowdcube – the two largest investment crowdfunding platforms based in the UK. The merging companies requested the fast track of the review to a Phase 2 stage… Read More

October 24, 2020 @ 11:31 am By JD Alois  |  

Earlier this month, the two leading investment crowdfunding platforms in the UK, Crowdcube and Seedrs, announced a proposed merger that would create the dominant online capital formation platform in the UK. Between the two firms, a merger would create not only the top platform in… Read More

September 11, 2020 @ 10:36 pm By Samantha Hurst  |  

Blockpit, an Austria-based bitcoin tax software, announced earlier this week it has merged with CryptoTax to form what it considers the largest European provider of Cryptocurrency tax solution. Blockpit reported that since the beginning of 2020, it has been in contact with its CryptoTax, which… Read More

August 8, 2020 @ 9:16 am By Omar Faridi  |  

Honeycomb Investment Trust (LON: HONY), a company specializing in investing in credit assets originated by non-bank lenders and other originators of various lending assets, mainly in the UK, is reportedly considering a potential £1.5 billion merger with Pollen Street Secured Lending (PSSL), in order to… Read More

May 12, 2020 @ 8:25 am By JD Alois  |  

SharesPost and Forge Global have announced a merger of the two firms thus creating one of the largest private securities marketplaces in the world. FT Partners facilitated the transaction. While pending the typical regulatory approval, an agreement is in place that should boost transaction volume… Read More

April 22, 2020 @ 8:10 am By Omar Faridi  |  

Swedish Fintech firm Bokio, which provides an artificial intelligence (AI)-enhanced accounting tool for small businesses and freelance workers, has acquired €7.4 million in capital from existing investors. Bokio has also reportedly merged its business with Stockholm-headquartered competitor Red Flag. Bokio’s latest investment round received contributions… Read More

April 14, 2020 @ 7:42 am By Omar Faridi  |  

UK-based Agilesphere has confirmed its merger with Fintech firm Fimatix. Both companies will establish a government technology (Govtech) and Fintech-focused business. Agilesphere is an agile transformation organization that offers customized services to help and support business transformation processes. The company’s consultants are experienced in working… Read More

January 10, 2020 @ 8:10 am By Samantha Hurst  |  

Global online payment service provider PayU announced on Friday it is merging consumer lending business LazyPay and digital credit platform PaySense to build a full-stack digital lending platform in India. PayU reported it will acquire a controlling stake in PaySense and all its assets at… Read More

September 25, 2019 @ 3:33 pm By JD Alois  |  

Investment crowdfunding platform NextSeed has merged with Collaboration Capital in a move to create a leading “technology-driven impact investment firm open to everyone.” In effect, the NextSeed merger with Collaboration creates a Fintech forward digital investment bank providing access to capital and access to opportunity… Read More

June 28, 2019 @ 5:16 pm By Samantha Hurst  |  

Nordic crowdfunding platform Invesdor announced on Thursday it has completed its merger with Finnest, an Austria based Fintech that provides debt capital to small and medium-sized firms. According to Invesdor, the companies now form Invesdor Group, which is described as a pan-European digital investment and… Read More

March 20, 2019 @ 7:20 am By JD Alois  |  

Finnest, an Austria based Fintech that provides debt capital to small and medium-sized firms, has announced a planned merger with Finland based Invesdor Oy. The newly formed company will see the combination of a leading Nordic equity crowdfunding platform and a top online lender serving… Read More

June 26, 2018 @ 9:30 am By JD Alois  |  

This may be a harbinger of things to come. StraightUp,  an online real estate investment platform, has merged with Slice. The is to combine real estate investment opportunities via a blockchain enabled platform thus boosting transparency, liquidity, and efficacy of transactions. The two companies said… Read More

May 12, 2017 @ 10:20 am By JD Alois  |  

The merger between the Crowdfund Intermediary Regulatory Advocates (CFIRA) and the Crowdfunding Professional Association is reportedly on hold. A merger between the two entities was publicly announced by a CFPA representative at an event in Washington, DC earlier this month. The announcement was followed by an email… Read More

April 25, 2017 @ 6:56 am By Erin Hobey  |  

According to multiple new sources, MobiKwik and FreeCharge are considering an all-stock deal merger. Post-merger, the platform also anticipates an additional $200 million (nearly Rs 1,300 crore) injection from an unnamed Chinese investor. FreeCharge, part of online marketplace Snapdeal, has reportedly been seeking a buyer for some time, having recently… Read More