Mergers and acquisitions

1435 articles tagged with this keyword

/markets

TP Icap buys Neptune to create dealer-to-client credit business

Financial markets infrastructure provider TP Icap has acquired data company Neptune Networks and joined forces with nine investment banks to create a dealer-to-client credit business. Financial terms were not disclosed.

/payments

Global Payments to sell payroll unit for $1.1bn

Global Payments continues to simplify its business, agreeing to offload its payroll unit to fintech Acrisure for $1.1 billion.

/wholesale

Finastra to sell Treasury and Capital Markets business to Apax Partners

Finastra is to sell its Treasury and Capital Markets (TCM) business unit to an affiliate of venture capital firm Apax Partners in a deal estimated at $2 billion, including debt.

/retail

Acorns buys family wealth app EarlyBird

Savings and investment app Acorns has acquired the assets of EarlyBird, a "family wealth and digital memory" platform for kids. Financial terms were not disclosed.

/crypto

Robinhood to buy Canadian crypto player WonderFi

American trading app Robinhood is buying WonderFi, the Canadian crypto operator of Bitbuy and Coinsquare, for around C$250 million in cash.

/crypto

Coinbase agrees $2.9bn deal to buy crypto options exchange Deribit

Coinbase has boosted its derivatives business by agreeing to buy crypto options exchange Deribit for $2.9 billion.

/payments

Corpay and TPG team up to buy AvidXchange

Business payments automation firm AvidXchange is going private through a $2.2 billion deal that sees asset firm TPG take majority ownership with Corpay picking up a minority stake.

/retail

XData Group to go public on Nasdaq via blank check merger

Estonian banking technology provider XData is to go public on the Nasdaq market via a Spac merger with blank-check firm Alpha Star Acquisition Corporation.

/retail

Fiserv to buy Brazilian fintech Money Money

Fiserv has agreed a deal to by Money Money, a Brazilian fintech providing working capital to small businesses. Financial terms were not disclosed.

/retail

SC Ventures sells Indian incubated supply chain finance platform Solv

Standard Chartered's venture arm has sold its incubated startup Solv to Indian B2B commerce marketplace Jumbotail.

/payments

Barclays strikes deal with Brookfield to offload payments business

Barclays has entered a strategic partnership with Brookfield Asset Management that will work towards offloading the UK bank's payments acceptance business "over time".

/payments

Global Payments to buy Worldpay for $22.7bn; sell Issuer Solutions to FIS

The payments sector is getting a major shakeup, with Global Payments agreeing a $22.7 billion deal to acquire Worldpay from GTRC and FIS while offloading its Issuer Solutions business to FIS for $13.5 billion.

/payments

Banked acquires VibePay

Banked has acquired UK-based consumer payments app VibePay, to drive Pay by Bank adoption through consumer and merchant incentives.

/markets

S&P and CME Group to sell post-trade business to KKR for $3.1bn

S&P Global and CME Group have agreed to sell Osttra, a provider of post-trade infrastructure to the global OTC market, to investment funds managed by KKR for $3.1 billion.

/regulation

UK RegTech NorthRow explores sale

UK RegTech platform NorthRow has appointed boutique investment advisory firm Lazarus Consulting to explore options for growth investment or a full sale of the business.

/crypto

Ripple to acquire prime brokerage Hiddden Road for $1.25 billion

Ripple is to acquire crypo-friendly prime brokerage Hidden Road for $1.25 billion, representing one of the largest deals in the digital assets space.

/retail

DoJ antitrust officials clear Capital One and Discover merger

The US Department of Justice has cleared the $35 billion merger between Capital One Finance Group and Discover Financial Services.

/payments

MyPOS buys UTP

London-based fintech myPOS has made its second acquisition of the year, snapping up payments outfit UTP Group. Financial terms were not disclosed.

/payments

Fiserv acquires CCV to boost growth across Europe

Fiserv has acquired CCV, a 67-year old provider of payment services in the Netherlands, Belgium and Germany, to boost growth of its Clover payment terminal across Europe.

/payments

Barclays closes in on sale of merchant acquiring business

Barclays Bank is closing in on a deal to offload its merchant acquiring business to Canada's Brookfield Asset Management.