Tagged: acquistion

June 21, 2022 @ 2:17 pm By Omar Faridi  |  

Kofax, a supplier of Intelligent Automation software for digital workflow transformation, recently announced it has acquired Tungsten Corporation, a global B2B e-invoicing network that “facilitates and streamlines complex invoice-to-pay processes.” Tungsten provides a platform “for onboarding of suppliers, PO exchange, invoice processing, e-invoicing, compliance and… Read More

May 26, 2022 @ 12:27 pm By Omar Faridi  |  

Paddle, the complete payments infrastructure for SaaS companies, announced that it has acquired ProfitWell, the provider of subscription metrics and retention automation software. The deal – valued at more than $200 million in cash and equity – is “the next step in Paddle’s mission to… Read More

April 5, 2022 @ 7:59 am By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service, has announced the completion of its acquisition of PriceRunner, the comparison shopping service in the Nordic region “with operations in Sweden, Denmark, Norway and the United Kingdom.” PriceRunner will aim to “bring new features to the… Read More

October 6, 2021 @ 9:28 pm By Omar Faridi  |  

Blockchain analysis firm Chainalysis reveals that it’s acquiring Excygent, a specialized professional services company that helps government agencies with cybercrime investigations, data processing, and lead generation. Chainalysis has collaborated with the Excygent team in order to support government agencies in investigating various high-profile cyber cases,… Read More

September 29, 2021 @ 11:18 pm By Omar Faridi  |  

Market Pay, the European omni-channel payment service provider, reveals that it will be  acquiring Dejamobile, a French Fintech platform offering mobile and connected equipment payment solutions. After the acquisition has been finalized, Dejamobile will become a subsidiary of Market Pay, the announcement confirmed. Dejamobile is… Read More

September 17, 2021 @ 7:56 am By Omar Faridi  |  

Euroclear is pleased to confirm its acquisition of MFEX Group, an international digital fund distribution platform. Euroclear had first announced its intent to acquire MFEX “on March 26, 2021.” The financial terms of the deal have not been shared publicly. As mentioned in a release,… Read More

September 1, 2021 @ 9:37 pm By Omar Faridi  |  

FTX and DFG have reportedly agreed on the acquisition of LedgerX, fueling DFG’s commitment to Web 3.0 and Polkadot. FTX, a major virtual currency derivatives exchange, revealed on August 31, 2021, that it would be moving forward with its acquisition of LedgerX, the first digital… Read More

August 13, 2021 @ 10:13 am By Omar Faridi  |  

TMX Group reveals that it has finalized the acquisition of AST Investor Services Inc. (Canada) and its subsidiary AST Trust Company (Canada), an established provider of transfer agency, corporate trust, and various other services. As mentioned in the announcement, the total consideration of the acquisition… Read More

June 7, 2021 @ 12:56 pm By Omar Faridi  |  

Lightspeed (TSX: LSPD) (NYSE: LSPD), the “one-stop” commerce platform for merchants across the globe to “simplify, scale and create exceptional customer experiences,” revealed on Monday (June 7, 2021) that it has entered into definitive agreements to acquire two “global leaders” in digital commerce. After the… Read More

June 2, 2021 @ 10:17 pm By Omar Faridi  |  

Bill.com (NYSE:BILL), an established provider of Cloud-powered software that simplifies, digitizes, and automates back-office financial operations for SMBs, revealed on Monday (June 1, 2021) that it had finalized its acquisition of Divvy, a spend management solution provider, for around $2.5 billion “in stock and cash.”… Read More

May 24, 2021 @ 7:55 am By Omar Faridi  |  

Financial Services Capital (FSC), the private equity investor focused on the ongoing transformation of the European financial services industry, has finalized its acquisition of a stake in JZ Lending Ltd, which currently controls Spain’s consumer finance platform Unión Financiera Asturiana. The Bank of Spain has… Read More

May 21, 2021 @ 8:14 am By Omar Faridi  |  

Ireland’s B2B card payments Fintech CleverCards has finalized a €10 million funding round. The company has also acquired a European Money Institution license via the acquisition of spend management service provider, ExpendiaSmart. Since introducing its payments platform back in December 2019, CleverCards has managed to… Read More

November 13, 2020 @ 12:50 pm By Omar Faridi  |  

India’s Tata Consultancy Services (TCS) has reportedly made a strategic agreement with Prudential Financial Inc (PFI). According to the terms of the deal, TCS will be acquiring PFI’s subsidiary, Pramerica Systems Ireland Ltd.’s selected assets. The staff members at Pramerica will continue working in their… Read More

March 12, 2020 @ 7:09 am By Omar Faridi  |  

London-based Salary Finance, a company that specializes in salary-linked savings and loans for workers across the UK, has reportedly acquired Neyber, a Goldman Sachs-backed competitor.  Neyber was founded in 2016 by former Goldman Sachs employees Martin Ijaha and Monica Kalia and joined by former Credit… Read More

January 30, 2020 @ 4:37 am By Omar Faridi  |  

France-based cooperative Crédit Agricole has reportedly acquired a majority stake in Fintech firm Linxo, which serves as a payment aggregation and initiation service. Established in 2010 and headquartered in Aix-en-Provence, Linxo offers account aggregation, payment initiation and personal finance management services through a robust technology… Read More

March 6, 2019 @ 11:11 am By Samantha Hurst  |  

Wave, a Canada-based financial services and software for small businesses, announced on Wednesday it has acquired Every, a fintech company that provides business accounts and debit cards to small businesses. Wave reported that the acquisition advances its plans to integrate more financial products and services… Read More

January 30, 2018 @ 9:55 am By Samantha Hurst  |  

UK-based fintech firm Finastra announced on Tuesday it has acquired Olfa Soft SA and its FX e-trading platform for banks and financial institutions. According to Finastra, the acquisition enables the company to deliver an end-to-end real-time eFX trading solution for banks’ treasury departments, covering distribution, position-keeping, post-trade,… Read More