Mergers and acquisitions

1435 articles tagged with this keyword

/payments

AmEx to buy expense management software provider Center

American Express has entered into an agreement to acquire expense management software provider Center. Financial terms were not disclosed.

/retail

Alkami boosts account opening capabilities with $400m Mantl acquisition

Cloud-based digital banking vendor Alkami has agreed to buy account opening technology provider Mantl in a $400 million deal.

/ai

Behavox buys Mosaic Smart Data

AI insights company Behavox has acquired Mosaic Smart Data, a vendor that helps financial institutions extract actionable intelligence from their transaction data. Terms of the deal were not disclosed.

/people

Marqeta to buy TransactPay for European push; makes CEO change

US card issuing platform Marqeta has strengthened its position in the UK and Europe through a deal to buy TransactPay. Separately, Marqeta CEO Simon Khalaf has left the firm and been replaced by current CFO Mike Milotich on an interim basis.

/wholesale

Treasury management fintech Embat buys Necto

Madrid-based treasury management startup Embat has acquired Necto, a US bank API connectivity specialist. Financial terms were not disclosed.

/payments

Shift4 to acquire Global Blue for $2.5 billion

Shift4 is to acquire Global Blue, a payments and technology provider to luxury brands, for $2.5 billion.

/payments

Market Pay acquires Denmark's AltaPay

Pan-European payments platform Market Pay is to acquire Danish PSP AltaPay, strengthening its presence in the Scandiavian market.

/people

HSBC to make investment banking job cuts starting in Asia - Bloomberg

HSBC Holdings Plc is set to initiate a new round of job cuts in it’s investment banking division, marking a continued restructuring to streamline operations and reduce costs under CEO Georges Elhedery.

/wholesale

Danish fintech Ageras buys Storebuddy

Danish accounting, admin and banking fintech Ageras has bought payment reconciliation software provider Storebuddy. Financial terms were not disclosed.

/retail

Denmark's Netcompany to buy core banking vendor SDC

Danish IT services firm Netcompany has struck a deal to buy local banking tech outfit SDC for around $139 million.

/retail

TD Bank to offload $14bn Charles Schwab stake

TD Bank has agreed to sell its 10.1% stake in investment firm Charles Schwab for about C$20 billion (US$14.6 billion) after taxes.

/payments

Paysafe ponders sale - Bloomberg

Publicly-listed online payments firm Paysafe is considering a sale after receiving interest from potential buyers, according to Blomberg.

/markets

Temenos sells Multifonds for $400 million

Swiss core banking vendor Temenos has offloaded its asset administration business Multifonds to Montagu Private Equity for $400 million.

/ai

Worldpay to buy fraud prevention platform Ravelin

Payments giant Worldpay has struck a deal to buy AI-native enterprise fraud prevention platform Ravelin. Financial terms were not disclosed.

/wholesale

United Fintech acquires Commercial Banking Applications

United Fintech, an umbrella outfit dedicated to scooping up a stable of capital markets, wealth management and wholesale banking vendors, has made it sixth and largest acquisition to date, buying out trade finance and payments vendor Commercial Banking Applications.

/ai

Spend management platform Yokoy acquired by TravelPerk

Business travel platform TravelPerk has raised $200 million and acquired Swiss AI-powered spend management outfit Yokoy.

/payments

South Africa's Stitch expands into in-person payments with ExiPay acquisition

South African embedded payments platform Stitch is moving into in-person payments through the acquisition of Dutch outfit ExiPay. Financial terms were not disclosed.

/payments

Neonomics buys UK open banking platform Ordo

Norwegian open banking firm Neonomics has acquired UK contemporary Ordo. Financial terms of the deal were not disclosed.

/crypto

Circle buys tokenised money market fund Hashnote

Crypto firm Circle Internet Group has acquired Hashnote, the issuer of US Yield Coin (USYC), the largest tokenised treasury and money market fund in the world.

/payments

MyPOS acquires French cash register company Toporder

London-based fintech myPOS has made its first acquisition, snappping up French cash register company Toporder.