Filogix, a Finastra Business, Acquires Doorr
- 4 years 1 month ago
- M&A Deals
Finastra, via its Canadian mortgage business Filogix, has acquired Doorr, a provider of cloud-based point-of-sale mortgage application software used by brokers to improve the mortgage experience. The deal is part of Finastra’s strategic investment in its Filogix mortgage marketplace, connecting consumers to brokers, lenders and many supporting partners to enable a secure mortgage application process.
IRIS Software Group Acquires School Management System, iSAMS
- 4 years 1 month ago
- M&A Deals
IRIS Software Group, one of the UK’s largest privately held software companies is today announcing it has acquired iSAMS, a leading, fully integrated, online school management system. Set to grow the scope of the education portfolio for IRIS, iSAMS is closely aligned with the Group’s vision to be the most trusted provider of mission critical software and services. iSAMS provides management information system (MIS) solutions to over 500 UK... more
Stripe to Acquire Paystack to Drive E-commerce Across Africa
- 4 years 1 month ago
- E-Commerce, M&A Deals
The African internet economy is expanding quickly, with online commerce in the region growing 21% year-over-year, 75% faster than the global average. In order to help increase Africa’s online GDP, Stripe has entered into an agreement to acquire Paystack, a technology company based in Lagos that makes it easy for organizations of all sizes to collect payments from around the world.
Paynetics UK Acquires Wirecard UK & Ireland Assets
- 4 years 1 month ago
- M&A Deals
Paynetics UK, a fintech, trusted payment service provider and part of the Paynetics Group, has today announced that it has acquired some of the assets of Wirecard UK & Ireland.
Refinitiv Announces Acquisition of The Red Flag Group
- 4 years 1 month ago
- M&A Deals
Refinitiv has acquired
Japanese NEC Corporation Acquires Avaloq
- 4 years 1 month ago
- M&A Deals
NEC Corporation (NEC; TSE: 6701) today announced the acquisition of Avaloq Group AG (Avaloq), a leading Swiss financial software company. The acquisition of Avaloq will provide NEC with digital finance software and domain knowledge as it enters into the field globally and strengthens its business in the digital government field.
Nexi and SIA Merge to Create a New European PayTech Leader
Nexi S.p.A. (“Nexi”), the PayTech leader in digital payments in Italy, and SIA S.p.A. (“SIA”), the Italian and European leader in payment technology and infrastructure services, controlled by Cassa Depositi e Prestiti (“CDP”) through its subsidiary CDP Equity (“CDPE”), signed a memorandum of understanding (“MoU”) regarding the integration of the two groups through the merger by incorporation of SIA into Nexi.
BlackLine Acquires Rimilia to Add AI-powered Accounts Receivable Automation to Modern Accounting Platform
- 4 years 2 months ago
- M&A Deals
BlackLine, Inc. (Nasdaq: BL), a leader in accounting automation software, announced today that it has completed the acquisition of Rimilia, an AI-powered cloud-based platform that enables accounts receivable (AR) automation and digital transformation. With Rimilia, BlackLine strengthens its position with the Office of the Controller by driving end-to-end automation of the cash lifecycle and ens
EMEA Lags in Adopting Digital M&A Processes with Company Culture and Cyber Security Concerns the biggest Barriers Uncovered by Due Diligence
- 4 years 2 months ago
- Cybersecurity, Compliance, M&A Deals
Leading cloud-based technology provider for the M&A industry, Datasite, has launched its annual EMEA M&A report: The New State of M&A – An EMEA Perspective,
MineralTree Raises $50M Series D Funding and Acquires Inspyrus and Regal Software
- 4 years 2 months ago
- Investment, M&A Deals
MineralTree,
Tink Acquires OpenWrks' Aggregation Platform
- 4 years 2 months ago
- M&A Deals
Through the acquisition, Tink will enhance its open banking platform by increasing its bank connectivity in the UK. In addition to strengthened coverage of personal account data, Tink will expand its UK connectivity into business account data. The launch of UK business account data will be made available to all Tink customers later this year. The acquisition brings significant fintech and SME customers — including Xero, Liberis Finance and Snoop... more
Cornerstone Completes Acquisition of FXPress Payment Services Following Consent of the FCA
- 4 years 2 months ago
- M&A Deals
Cornerstone Brands is pleased to announce the completion of its acquisition of FXPress Payment Services Ltd. (“FXPress”) following the consent of the FCA. FXPress, a regulated Authorised Payment Institution providing cross-border payment services, is now a wholly-owned subsidiary of Cornerstone. Cornerstone is also pleased to announce that it has received the consent of the FCA for the acquisition of Avila House by FXPress.
Pure Storage to Acquire the Leading Kubernetes Data Services Platform Portworx
- 4 years 2 months ago
- M&A Deals
Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced it has entered into a definitive agreement to acquire Portworx, the leading Kubernetes data services platform enterprises trust to run mission-critical applications in containers in production, for approximately $370 million in cash.
Ohpen acquires Europe’s #1 STP loan and mortgage software company Davinci
- 4 years 2 months ago
- M&A Deals
Ohpen, the first fintech platform to bring a bank to the cloud, today announces its acquisition of cross-border loan and mortgages Software as a Service (SaaS) provider Davinci. The combination of these two growing companies will allow Ohpen to address the $300 billion global bank IT spending market as it targets international expansion.
Cornerstone to Acquire FXPress Payment Services
- 4 years 3 months ago
- M&A Deals
Cornerstone Brands is pleased to announce that shareholders have approved the intended acquisition of FXPress Payments Services Ltd, a provider of advanced payment systems as Platform as a Service to SMEs (“FXPress”). The completion of the acquisition is subject to FCA authorisation. Highlights of the transaction agreed at General Meeting
