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). Read more »
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. Read more »
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. The investment marks the start of a strategic partnership between one of the largest institutions to have ventured into the crypto market and a veteran digital asset trading firm. SBI, owner of Japan’s first digital bank and largest online... more Read more »
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 Read more »
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. Read more »
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. Read more »
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 Read more »
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. Read more »
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). Read more »
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. Read more »
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. "The acquisition of Catena is a logical extension of IHS Markit's strategy to provide comprehensive solutions that enable our customers to fulfill their global regulatory compliance needs," said John Barneson, senior vice president... more Read more »
Banco Santander announced today the completion of its purchase of a c.50.1% stake in Ebury, one of the best international payment, FX and international cash management platforms for SMEs, after obtaining all regulatory approvals from the required authorities. This transaction was announced in November 2019 and is part of the bank's digital strategy, providing SMEs with the necessary tools for their international expansion through global trade... more Read more »
Tenth Revolution Group, a global leader in cloud talent solutions, today announced the acquisition of Rebura, one of the UK’s fastest-growing Amazon Web Services (AWS) solutions providers. As a fully accredited AWS Advanced Consulting Partner and reseller, Rebura works with companies, from start-ups to global finance providers, to help transform their technology landscape by creating and delivering their AWS project roadmap. Read more »
Auriga, a leading supplier of technological solutions for the omnichannel banking and payments industries, announces the acquisition of Lookwise Device Manager (LDM), a modular security platform and cybersecurity business unit from S21sec, a leading European managed security services player. S21sec is part of Sonae IM’s portfolio, a corporate venture capital firm investing in cybersecurity, retail and telecommunications technology companies. Read more »
TietoEVRY is taking the next step in the integration to ensure its position as the leading digital services and software company in the Nordics. A unified organization has now been established and the next step involves the drive for merger-related efficiencies. Consultation processes to ensure optimized operations and reduce overlaps have been initiated. Read more »
