Bottomline acquires AP automation and real estate payments specialist Nexus Systems
Nexus’ procure-to-pay solution, customers and suppliers will join Bottomline’s Paymode-X B2B payments network.
Nexus’ procure-to-pay solution, customers and suppliers will join Bottomline’s Paymode-X B2B payments network.
Once the acquisition is complete, Renovite will become part of JP Morgan Payments.
Aurora CEO Brian Goudie says the deal “adds significant value” to his firm.
The firm has also announced a new chief revenue officer, chief people officer and chief of staff.
The acquisition will equip FNZ with additional wealth management product and service solutions.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The move forms part of Contour’s plans to launch a digital open account trade finance offering.
Both deals are expected to close in H1 2023.
Wealthfront CEO David Fortunato says the pair are “continuing to explore ways to work together”.
Together, the firms also have plans to expand into new markets such as India and Singapore.
The founders and employees of both companies will be joining Huspy.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Viamo provides peer-to-peer (P2P) and business payment services in Slovakia.
The deal includes the AlphaKeys Funds platform, which represents more than $7 billion in client assets.
Paynas provides employee management and payment services to MSMEs.
As Feinstein retires, Brandon Williamson has been appointed regional managing director for acquiring in South Africa.
The deal is expected to close in Q4 2022.
Truist identified the Arena platform as “an investment that will help us deliver better financial experiences”.
With the acquisition, Celero says it will serve 53,000+ merchants in the US, processing $21bn in annual card volume.
MVB Financial is aiming to grow its government guaranteed lending business.
The deal values Covalto at $547 million and will see the firm listed on the Nasdaq exchange.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
eToro says the acquisition is a “key step” as it looks to diversify its offering to US users.
The transaction is expected to close in H2 2022 subject to regulatory approvals.
Defero’s CEO will join Axo’s group management team following the transaction.
The merger announcement was initially made in May 2021.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The acquisition is expected to close on 31 August 2022.
The firm has acquired payment service provider PnLink and virtual asset service provider OK-BIT.
Vista Equity Partners will acquire all outstanding shares of Avalara for $93.50 per share.
Retail Capital will form the foundation of an expanded business banking offering within TymeBank.
The new entity, set to be worth $480 million, will continue to be headed up by CEO Eliot Buchanan.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The Central Bank of Kenya says the deal will “support the stability of Kenya’s microfinance banking sector”.
Paystand says the combined company “will redefine the boundaries of B2B fintech” across the Americas.
Acquisition reflects TAS’ “acceleration in non-organic growth” driven by largest shareholder Rivean Capital.
Global Payments will acquire EVO in an all-cash transaction for $34 per share, or $4 billion in enterprise value.
The new combined entity intends to deliver “financial empowerment and product innovation”.
Ageras co-founder and CEO Rico Andersen says the acquisition is a “critical step” in the company’s growth.
Owned by Team4U, Simapka is an app for owners of shops and service points in Poland.