Today Yolt announces that its Chief Executive Officer, Frank Jan Risseeuw, will leave the company after building the brand from an innovation concept to the market leading, award-winning personal finance app, available in three markets in Europe. In his new role, Frank Jan will move to Madrid to lead another of ING’s ambitious change programmes, which will include integrating four of ING’s Retail countries into a new scalable banking platform. Read more »
Mumbai-based Pareto Capital, which is in the business of Investment Banking, Investor Relations advisory and Asset Management, have ventured into PMS business by acquiring equity stake in Crescita Investment Management Private Limited. Crescita Investment Management, founded in 2016 by an industry veteran Vijay Sarda, is a PMS firm that offers Portfolio Management Service, Investment Advisory Services to High Net Worth individuals (HNIs), Ultra... more Read more »
Avaloq, the leading cloud platform and service provider for banks, wealth managers and investment firms, has successfully closed the acquisition of Zurich-based Derivative Partners AG, the number one independent information and data provider for structured products and derivatives in Switzerland. The deal was first announced in July this year. Derivative Partners will continue to operate as an organizational entity, with all staff retained.... more Read more »
CDP Equity and FSIA Investimenti, a company held 70% by FSI Investimenti (in turn controlled by CDP Equity with a 77% stake) and 30% by Poste Italiane, has today concluded the acquisition of the shareholdings in SIA, the payment systems company, of F2i, HAT, Intesa Sanpaolo and UniCredit. Read more »
Managed Cloud and Security Enterprise Performance Partner, CSI Group, has today acquired Tectrade, a leading provider of data protection and risk management solutions. The acquisition will further strengthen CSI’s cloud services offering, enabling it to offer its clients advanced data protection capabilities, and allow the Group to expand into the USA. Read more »
Wirecard, the global innovation leader for digital financial technology, is investing in a comprehensive license portfolio for digital payments through an acquisition in China. Wirecard will gradually acquire all shares in the Bejing-based AllScore Payment Services. AllScore Payment Services is currently controlled in its majority by its founder and CEO Mr. Yao Lin and Shanghai Aiwu Investment Management Co. Ltd.. The framework agreement was... more Read more »
BlueSnap, a global payments technology company listed among Inc Magazine's fastest growing privately held companies, announced today that it has acquired Armatic, a leader in accounts receivable and invoicing automation. With this acquisition, BlueSnap will provide B2B companies an efficient quote-to-payment solution aimed at increasing sales and reducing costs. Read more »
Confluence Technologies, a global leader in investment data management au Read more »
Ebury, one of Europe’s largest fintech companies, is pleased to announce its first acquisition: Frontierpay, an international payroll payments provider with offices in the UK and Singapore. Ebury’s strategy Fast-growing Ebury, has acquired the payroll payments business as part of its expanded technology investment programme. Read more »
Temenos (SIX: TEMN), the banking software company, today announced that the acquisition of Kony Inc, the fast growing US #1 digital banking SaaS company has now closed. The acquisition will accelerate Temenos’ US presence and strengthen Temenos Infinity, the breakthrough digital banking product. Thomas E. Hogan, Chairman and CEO of Kony, is appointed President of Temenos North America and joins Temenos’ Executive Committee, with immediate... more Read more »
Banco Santander (Santander), the major international financial group, has launched JCB merchant acquiring operations in Spain following a license agreement with JCB International (JCBI), the international operations subsidiary of JCB, the Japanese global payment brand. Thanks to this new alliance, Santander facilitates JCB acceptance at Santander-acquired merchants throughout Spain. Read more »
The Cryptix AG, a Swiss full-service provider in the blockchain and DLT sector, has completed the acquisition of Blocktrade, a Liechtenstein digital assets exchange. As part of this acquisition, the team of the Vaduz-based company remains with Blocktrade and will be expanded in the coming months. In the future, both companies want to grow the existing structure and features of the digital asset exchange. The acquisition will not affect customers... more Read more »
Temenos (SIX: TEMN), the banking software company, today announced it is strengthening its Executive Committee and North America leadership team, following its previously announced acquisition of Kony, Inc., the fast growing US #1 digital banking SaaS company. Thomas E. Hogan, Chairman and CEO of Kony, will be appointed as the President of Temenos North America and a member of the Temenos Executive Committee. This appointment will become... more Read more »
Today, Saxo Bank and BinckBank announce that Saxo Bank has completed the acquisition of BinckBank. The acquisition of BinckBank marks an important milestone for the Saxo Bank Group that now services approximately 860,000 clients and holds approximately EUR 46 bn in client assets. By gaining scale and reducing cost and complexity, the Group can continue its ambitious investments in the digital client experience and expand its product offering,... more Read more »
Today, moneycorp announces it has acquired the Rochford Group, one of Australia’s largest independent treasury advisors. The purchase is moneycorp’s second major international acquisition of 2019, after the completion of its deal for Brazil's Novo Mundo. Rochford, based in Sydney, also has a representative office in Hong Kong that will further extend moneycorp’s presence in both Australia and Hong Kong, as well as adding a range of new products... more Read more »
