TBC Bank buys a 51% equity stake in LLC Inspired, a leading payment platform in Uzbekistan
TBC Bank Group PLC of Georgia has entered into an agreement to acquire a 51% stake in LLC Inspired, a leading payment platform in Uzbekistan trading under the Payme brand. Payme is a leading payment service provider in Uzbekistan that supplies high-quality payment solutions to its 1.3 million customers. It facilitates utility payments, P2P transfers, loan repayments, mPOS for QR-based payments and ecommerce purchases. It also provides a... more
Sberbank, Gazprombank and Digital Horizon create a leader in biometrics
- 5 years 7 months ago
- Authentication Technology, M&A Deals
Sberbank, Gazprombank and Digital Horizon announce that Sberbank has agreed to acquire a 51% stake in Speech Technology Center (STC) from Gazprombank. Digital Horizon venture capital fund has also agreed to acquire a stake in STC. Gazprombank remains a strategic shareholder in STC and will continue to play an active role in the company’s future development. The deal is scheduled to close by the end of May 2019.
Nordic Capital acquires digital identity pioneer Signicat
- 5 years 7 months ago
- M&A Deals
Nordic Capital Fund IX (“Nordic Capital”) today announced the acquisition of Signicat, a high-growth provider of digital identity and signature solutions that operates the leading digital identity hub in the market. Nordic Capital will, in close partnership with the company’s management and existing shareholder Viking Venture, accelerate Signicat’s international expansion and strengthen the company’s market leading position and unique product... more
Torstone Acquires Percentile to Bolster Risk and Compliance Offering
- 5 years 7 months ago
- M&A Deals
Torstone Technology, a leading provider of post-trade securities and derivatives processing technology, has announced that it has signed a definitive agreement to acquire Percentile, a provider of real-time, cloud-based risk and compliance technology to global financial markets.
Top Image Systems Shareholders Approve Acquisition by Kofax
- 5 years 7 months ago
- M&A Deals
Top Image Systems Ltd.
Crown Agents Bank acquires Segovia to strengthen its frontier markets payment platform
CABIM Ltd, the parent company of Crown Agents Bank has announced that it is acquiring the enterprise business and payment gateway product of Segovia, a US venture-backed technology company focused on frontier market payments. The acquisition will allow Crown Agents Bank to extend its payment network, include mobile money, and integrate Segovia’s modern payments infrastructure with Crown Agents Bank’s extensive FX capabilities - thus offering a... more
Broadway Technology Acquires Barracuda FX, Bolsters Senior FX Team
- 5 years 7 months ago
- M&A Deals
Broadway Technology, a leading provider of high-performance fixed income and foreign exchange solutions, today announced it has acquired 100% of Barracuda FX, a global provider of FX order management technology. With this acquisition, Broadway will continue to expand its product suite and deliver its multi-asset solutions across more parts of the investment lifecycle while allowing clients to automate additional workflows.
Penta is Acquired by finleap and Collaborates with Beesy
- 5 years 7 months ago
- M&A Deals
The finleap ecosystem is proudly growing. Penta, who offers fast and easy business banking for digital companies, is becoming a finleap portfolio company by acquisition. This is a new extension of the finleap ecosystem and steering the internationalisation of Penta at the same time: In the course of 2019, the company will collaborate with Beesy, a finleap portfolio company focusing on digital business banking for freelancers, which launched in... more
NuMSP Acquires Boise Assets from Corporate Technologies
- 5 years 8 months ago
- M&A Deals
NuMSP, a leading national managed service provider (MSP) offering IT and cybersecurity solutions, announced its acquisition of the Boise, Idaho assets from Corporate Technologies.
Top Image Systems Files Definitive Proxy for Acquisition by Kofax
- 5 years 8 months ago
- M&A Deals
Top Image Systems Ltd., today announced that it has filed, on March 12, 2019, its definitive proxy in connection with the Company’s previously announced acquisition by Kofax Holdings International Ltd.
TIBCO Announces Acquisition of High-Performance In-Memory Data Platform SnappyData
TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced it has acquired SnappyData. The acquisition will complement the TIBCO® Connected Intelligence platform with a unified analytics data fabric that enhances analytics, data science, streaming, and data management for various use cases requiring speed, volume, and agility.
Cognizant Acquires Meritsoft, an Award-Winning Fintech Innovator in Post-Trade Processing
- 5 years 8 months ago
- M&A Deals
Cognizant today announced it has acquired Meritsoft, a privately-held financial software company based in Dublin, Ireland. Meritsoft is best known for its FINBOS platform for post-trade processing, an intelligent automation solution for managing taxes, fees, commissions, and cash flow functions between financial institutions. Meritsoft’s products are currently used by five of the world’s eight leading investment banks. Financial details of the... more
QUINT RAISES £16.5M WITH NATWEST FOR ACQUISITIONS AND REFINANCE
- 5 years 8 months ago
- M&A Deals
NORTH West headquartered Quint Group, a leading international, highly innovative fintech group operating in the consumer finance market, has secured a £16.5m financing deal from Natwest Bank. Founded in 2009, Quint is one of the fastest growing fintech businesses in Europe, with operations in the UK, US, Australia, Poland, China and South Africa.
Nordea completes acquisition of Gjensidige Bank
- 5 years 8 months ago
- M&A Deals
Gjensidige and Nordea announced today that Nordea has successfully acquired Gjensidige Bank ASA. In connection with the completion of the transaction, the mutual distribution agreement between Nordea and Gjensidige Forsikring will also take effect.
AnaCap-backed heidelpay Group acquires PoS specialist Alpha-Cash
- 5 years 9 months ago
- M&A Deals
The AnaCap-backed (http://www.anacapfp.com) heidelpay Group, one of the fastest-growing fintech service providers in Germany today announces the acquisition of point-of-sale specialist Alpha-Cash Payment GmbH.
