M&A Deals

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 Read more »

Broadway Technology Acquires Barracuda FX, Bolsters Senior FX Team

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.  Read more »

Penta is Acquired by finleap and Collaborates with Beesy

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 Read more »

NuMSP Acquires Boise Assets from Corporate Technologies

NuMSP, a leading national managed service provider (MSP) offering IT and cybersecurity solutions, announced its acquisition of the Boise, Idaho assets from Corporate Technologies. Corporate Technologies continues its operations in California, North Dakota, Minnesota, Michigan, and New Jersey. Read more »

Top Image Systems Files Definitive Proxy for Acquisition by Kofax

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.  Read more »

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. Read more »

Cognizant Acquires Meritsoft, an Award-Winning Fintech Innovator in Post-Trade Processing

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 Read more »

QUINT RAISES £16.5M WITH NATWEST FOR ACQUISITIONS AND REFINANCE

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.  Read more »

Nordea completes acquisition of Gjensidige Bank

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. Read more »

AnaCap-backed heidelpay Group acquires PoS specialist Alpha-Cash

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. Read more »

AnaCap-backed heidelpay Group acquires PoS specialist Alpha-Cash

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. Read more »

Entrust Datacard to acquire nCipher Security from Thales

Entrust Datacard, a leading provider of trusted identity and secure issuance technology solutions, today announced that the company has signed a definitive agreement to acquire Thales’s market-leading General Purpose Hardware Security Module (GP HSM) business, nCipher Security, which has been operating as a separate stand-alone business within Thales since January 2019.  Read more »

Ant Financial Inks Acquisition Deal Worth $700 million

Ant Financial has finally managed to make its mark in a significant European first. The Chinese financial services giant has agreed to buy UK payments group WorldFirst in a deal worth around $700 million, and after WorldFirst was forced into a rapid fire sale of its US assets. Read more »

G+D Currency Technology to acquire Transtrack International

G+D Currency Technology, Munich, and Transtrack International, Amsterdam, entered into a definitive agreement today, under which G+D Currency Technology will acquire all shares of Transtrack International.  Transtrack International is a market leader in the development of standard software solutions that address the control, efficiency and management of the end-to-end cash supply chain.  Read more »

Safe-T to Acquire Business Proxy Network Cloud Vendor

Safe-T®, a leading provider of software-defined access solutions for the hybrid cloud, announced today that it has signed a non-binding letter of intent (LOI) for the acquisition of a fast-growing Israeli company in the business proxy network solution industry. The purchased company offers extensive experience in cloud services, operating a unique, wholly-owned global proxy network technology used by web intelligence and cyber companies. Read more »

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