49 articles tagged with this keyword
News/regulation
AI-based financial crime detection startup ComplyAdvantage has acquired Golden Recursion in a deal that brings Andreessen Horowitz in as a shareholder.
24 April 2024
News/wealth
Goldman Sachs continues its retreat from consumer banking, striking a deal to sell its Marcus Invest digital investing accounts to Betterment.
23 April 2024
News/payments
Klarna is selling Hero, the virtual shopping platform it acquired in 2021, to video commerce outfit Bambuser in a deal worth around EUR1.3 million.
22 April 2024
Cloud tokenisation provider TokenEx has agreed a merger with payments orchestration platform Ixopay. Financial terms were not disclosed.
18 April 2024
News/markets
The Competition and Markets Authority (CMA) has identified key risks to fair competition in AI Foundation Models (FMs), growing concerns as AI rapidly develops in the financial industry.
12 April 2024
Data management provider to the asset management sector Rimes is being sold by investment firm EQT to Five Arrows. Terms of the deal were not disclosed.
09 April 2024
News/inclusion
Empower Finance has agreed to buy US credit fintech Petal and closed the acquisition of Philippines-based Cashalo.
London-listed fintech Gresham Technologies has agreed to be bought out by a private equity firm in a cash deal worth £146.7 million.
Tradeweb Markets has struck a deal to buy investment technology firm Institutional Cash Distributors (ICD) for $785 million.
08 April 2024
News/startups
Standard Chartered’s investment ventures arm, SC Ventures has joined forced with building and investment arm of Pan-African financial services group Old Mutual, NEXT176, to roll out a financial wellness platform.
05 April 2024
Canadian payments firm Nuvei is set to go private after agreeing an acquisition deal with a private equity firm.
02 April 2024
Japanese financial services conglomerate has announced plans to consolidate its various fintech divisions into a single unit.
News/sustainable
Bulgarian embedded finance provider Paynetics is making an ESG play through the acquisition of UK 'impact neobank Novus. Financial terms were not disclosed.
28 March 2024
News/retail
Nationwide Building Society has confirmed the offer of acquisition to Virgin Money UK, agreeing to the terms of a cash offer of £2.9 billion with Virgin Money’s Board.
22 March 2024
Embedded Finance, Railsr's parent company, has approached Equals Group for a merger of the two companies, Sky News reports.
20 March 2024
Shift4 Payments' CEO is Jared Isaacman is said to be distinctly unimpressed by the valuations placed on the firm from potential acquirers.
18 March 2024
Nasdaq-listed Canadian fintech Nuvei has confirmed that it is in talks over a potential going-private transaction.
GoCardless is creating a full-service bank payments provider through the acquisition of open banking business Nuapay from Australia's EML Payments in a deal worth €32.75 million.
15 March 2024
Nationwide has struck a deal to buy Virgin Money for £2.9 billion in a move that would see the building society expand into business banking and present a challenge to the might of the four big high street banks.
07 March 2024
News/wholesale
Mexico's Ziff has acquired revenue-based real estate financing outfit Arrenda.
06 March 2024
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