IDnow Acquires Wirecard Communication Services
- 4 years 2 months ago
- M&A Deals
IDnow a leading provider of Identity Verification-as-a-Service solutions and Wirecard Communication Services GmbH announce the signing of an agreement for the acquisition of Wirecard Communication Services by IDnow. IDnow will retain the Leipzig location preserving the majority of the 150 employees.
ConsenSys Acquires Quorum® Platform from J.P. Morgan
- 4 years 2 months ago
- M&A Deals
ConsenSys, an industry-leading blockchain software company, today announced the acquisition of Quorum®, an enterprise-variant of the Ethereum blockchain developed by J.P. Morgan (NYSE: JPM).
Xero to Acquire Invoice Lending Platform Waddle
Xero today announces the acquisition of Waddle, a cloud based lending platform that helps small businesses access capital through invoice financing. The acquisition aligns with Xero’s strategy to grow the small business platform and to address critical small business financial needs. Waddle’s best in class cloud lending platform, combined with small businesses’ invoice data, will enable the delivery of tailored invoice financing solutions.
FXPress Payment Services Acquires Avila House
- 4 years 3 months ago
- M&A Deals
FXPress Payment Services Limited (FXPress), the fintech payment services company, is pleased to announce that it has entered an agreement to acquire Avila House Limited (“Avila House”), a licensed Small Electronic Money Institution (“small EMI”), subject to receiving appropriate regulatory approvals. The deal gives FXPress customers licensed access to receive and hold client funds in multi-currency accounts, allowing the company to further... more
Gresham announces acquisition of Inforalgo to expand regulatory reporting capabilities
- 4 years 3 months ago
- M&A Deals
Gresham Technologies (Gresham), the leading fintech in reconciliations, banking integration and cash management solutions, has today announced the acquisition of Capital Markets data automation specialist, Inforalgo Information Technology Ltd (Inforalgo).
Nostra MSP acquires Brandon Global
- 4 years 4 months ago
- M&A Deals
Nostra, an independent, Irish owned and managed MSP company headquartered in Lucan, Co. Dublin has acquired Brandon Global IT for an undisclosed sum. The deal was funded by Bank of Ireland together with Nostra funds. Nostra reported an EBITDA of €880,000 for year end, 2019. The acquisition of Brandon Global will now see the company’s turnover expected to rise from €14 million to €18 million.
Financial Conglomerate SBI to Acquire $30MM Stake in Digital Asset Firm B2C2
- 4 years 4 months ago
- Cryptocurrencies, M&A Deals
B2C2, the trading firm of choice in the institutional crypto markets, announced that SBI Financial Services (a subsidiary of SBI Holdings, "SBI") has agreed to acquire a $30 million minority stake in the firm.
Rise in M&A predicted as retail banks navigate post-COVID crash, latest Kearney analysis reveals
- 4 years 4 months ago
- M&A Deals
Analysis from global consultancy partnership Kearney predicts a rise in mergers and acquisitions over the next few years as banks seek to reduce costs in the short-term, re-focus the core business for the long-term, and transform operating models. Now in its 11th year, Kearney’s European Retail Banking Radar is an annual analysis of the pan-European banking market, tracking 92 retail banks in 22 European markets, comprised of 50 banks in Western... more
MFS Africa Acquires Beyonic, Bringing Cross-Border Digital Payments to SMEs Throughout Africa and Beyond
Pan-African cross-border payments leader MFS Africa today announced that it has acquired Beyonic, a digital payments management provider of business services for SMEs, fintechs, and social impact entities across Africa.
FIME expands testing & consultancy offering with the acquisition of CETECOM Payment activities in the U.S.
Payments testing and consultancy expert, FIME has announced its acquisition of CETECOM U.S.’s payment activities. FIME’s expanded expertise and services will enable the U.S. payment ecosystem to define, design, deliver and test innovative, secure and digital payments products.
Elaia and Bpifrance acquire stakes in iBanFirst in a €21 million third round of funding
- 4 years 5 months ago
- M&A Deals
Global financial services provider iBanFirst, delivering solutions across banking borders, has announced that it will continue to expand with the help of venture capital funds Elaia and Bpifrance, through its growth capital fund Large Venture. The pair join French funds Serena and Breega, which first invested in the fintech in November 2018 and have participated once again in this latest funding round. They will find themselves alongside Xavier... more
TPAY MOBILE acquires Payguru, the leading payment platform in Turkey
- 4 years 5 months ago
- M&A Deals
TPAY MOBILE, the leading digital merchant acquirer and mobile payment enabler in the Middle East and Africa (MEA), has today announced the acquisition of 100% of the shares of Payguru, one of Turkey’s leading payment service providers. The transaction remains subject to approvals from the Central Bank of the Republic of Turkey (CBRT) and the Competition Authority.
TAS International acquires Infraxis AG
- 4 years 5 months ago
- M&A Deals
TAS International SA, the wholly-owned subsidiary of TAS S.p.A., has today signed a binding agreement for the acquisition of the Swiss company, Infraxis AG, and its British subsidiary, Infraxis Ltd (UK).
Venafi to Acquire Jetstack to Accelerate and Secure Digital Transformation
- 4 years 6 months ago
- M&A Deals
Venafi®, the inventor and leading provider of machine identity protection, today announced a definitive agreement to acquire Jetstack, a global leader in open source machine identity protection software for Kubernetes and cloud native ecosystems. This acquisition is an industry first that will transform the way modern applications required by digital transformation are secured.
IHS Markit Acquires Catena Technologies
- 4 years 6 months ago
- M&A Deals
IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced the acquisition of Catena Technologies (Catena), a global regulatory trade reporting firm based in Singapore.