Mergers and acquisitions

42 articles tagged with this keyword


Advent expands digital payments offering through myPOS purchase

Private equity firm Advent International has announced its acquisition of myPOS through the newly formed AI Circle Bidco, or Circle, to expand its payments services.


Tenity buys startup accelerator Hackquarters

Tenity, an early-stage investor in fintech and insurtech firms that has also built up an "innovation ecosystem", has acquired Hackquarters, a startup accelerator with a strong presence in fintech.


Celsius Network to pay back customers as bankruptcy case concludes

Celsius Network has received approval from a New York judge for a restructuring plan that will repay customers’ assets through new company owned by Celsius creditors and managed by Fahrenheit.


European Payments Initiative closes acquisition of iDeal and Payconiq

The European Payments Initiative (EPI), a bank-backed venture that was initially set up to build a rival to Mastercard and Visa in Europe, has completed the acquisition of Dutch payment scheme iDeal and Luxembourg's Payconiq.


Thai bank buys stake in crypto exchange

Thailand's second-largest bank has acquired a 97% stake in a company that runs a crypto exchange.


Subscription platform Youtility acquired by Squeeze

UK embedded subscription management platform Youtility has been acquired by American insurance price comparison service Squeeze. Financial terms were not disclosed.


DTCC buys blockchain outfit Securrency

The Depository Trust & Clearing Corporation (DTCC) has agreed to buy blockchain-based fintech Securrency. Financial terms were not disclosed.


Goldman Sachs to take Q3 earnings hit on GreenSky sale

Goldman Sachs has agreed to sell BNPL-based home improvement lender GreenSky to a a consortium of institutional investors led by Sixth Street. Terms of the deal were not disclosed but the sale will lead to a 19-cent-per-share hit to Goldman's third-quarter earnings.


Sustainable Finance Live 2023: Connecting capital with the right sustainability solutions

Bursting on stage to lead the final panel session of the day, Anna-Marie Slot, global sustainability partner, Ashurst, outlined her hopes for a “rubber hits the road” panel. Getting straight to the crux of the matter, Slot asked the panel, how much money actually has to move to ensure impact?


Sustainable Finance Live 2023: Bring everyone to the party for decarbonisation

Leading the SustainableFinance.Live's 2023 keynote session, Roxana Slavcheva, global lead for the built environment, World Resources Institute (WRI), dove right in to her session titled the ‘Role of AI in Decarbonising the Built Environment: An Urban Policy Perspective.’


Will Metro Bank be 2023’s next banking collapse?

Metro Bank has had a rough week. News that the UK challenger bank was planning to raise up to £600 million from investors, prompted financial watchdogs to summon the bank’s bosses for a sit-down.


IeDigital buys Connect FSS

British digital banking software provider ieDigital has acquired US counterpart Connect FSS for an undisclosed fee.


ABN Amro sells stake in payments joint venture to Fiserv

ABN Amro has sold its 49% stake in payment processing joint venture EMS to Fiserv.


Financial wellbeing app Wagestream buys Keebo to help workers access credit

Financial wellbeing app Wagestream has acquired challenger credit card startup Keebo. Financial terms of the deal were not disclosed.


Cisco acquires cybersecurity company Splunk in $28 billion deal

In its largest-ever deal, Cisco Systems has agreed to pay $28 billion to acquire cybersecurity company Splunk.


APImetrics and Contxt set to merge

Financial API and security specialists, APImetrics and Contxt today announced that they have agreed to merge.


ING to sell 85% stake in fintech spin off Cobase to Alpha Group

UK-based Alpha Group is to acquire 85% of Cobase, an ING-nurtured fintech that enables corporates to manage their banking relationships, accounts and transactions in one interface.


Citi sells SME lending business to Foro

Citi has sold Bridge, its online lending marketplace for SMEs, to Foro Holdings, a Charlotte-based commercial lending service provider.


Ripple bags Nevada license through Fortress Trust acquisition

Ripple has acquired Fortress Trust, a financial institution that provides licensed Web3 financial, regulatory and technology infrastructure for blockchain outfits.


Nasdaq raids UBS for new CFO

Exchange operator Nasdaq has appointed Sarah Youngwood as chief financial officer (CFO).