Nexi sells capital markets tech business to Euronext for €57m
Nexi is selling its tech businesses that are powering MTS and Euronext Securities Milan to Euronext.
Mergers & Acquisitions/M&A
Mortgage tech firm Twenty7Tec takes over Bluecoat Software
The acquisition is “set to revolutionise both the wealth and mortgage technology markets”, the firms say.
Fleetcor to acquire cross-border paytech Global Reach
Fleetcor has signed a definitive agreement to acquire UK-based Global Reach Group.
Razer Fintech acquires Indonesian paytech E2Pay in a bid to expand
With this acquisition, Razer Fintech says it marks its further expansion into Indonesia.
Money 20/20 Europe: Mastercard’s open banking guru on payments and data
Jim Wadsworth discusses working with fintechs, open banking, becoming a paytech and safeguarding data.
Ximedes acquires fellow Dutch fintech Ginger for European expansion
Ximedes, a Dutch software firm, has acquired Ginger, an Amsterdam-based online payment platform provider.
Credit unions comms platform Eltropy acquires video banking tech firm POPi/o
Together, Eltropy and POPi/o serve more than 400 credit unions in the US.
US-based paytech GTP acquired by MFS Africa
Following a $100m funding round last year, MFS Africa acquires US-based paytech GTP.
Banking Technology Magazine June 2022 issue out now
Cover story: THE WORLD BEYOND – Connecting through the metaverse.
A2A paytech Trustly buys open banking platform Ecospend
Trustly is aiming to boost its footprint in the UK market, which it says “presents a dynamic ecosystem”.
iCapital expands its platform with Simon Markets acquisition
The deal is expected to close in the second half of 2022 pending regulatory approvals.
Payments infrastructure provider Paddle snaps up ProfitWell for $200m
Paddle will integrate ProfitWell’s financial metrics, as well as its pricing and retention software.
Swiss fintech ZoodPay acquires Pakistan’s Tez Financial Services
ZoodPay enters Pakistan as a new player in its growing digital lending and fintech space.
BNPL giant Klarna to cut 10% of workforce amid “tumultuous year”
Klarna CEO says he remains “relentlessly optimistic” about the firm’s future.
Singapore’s MatchMove acquires Shopmatic for $200m
Post-acquisition, Shopmatic CEO Anurag Avula will continue in his role.
Solarisbank appoints new CIO, CTO dual leadership team as firm scales
Solarisbank says the close-knit dual leadership will “master the challenges of a growing tech organisation”.
LSEG to acquire market data solutions provider MayStreet
The acquisition is expected to close in H1 2022.
Experian buys majority stake in Brazilian fintech MOVA
Experian will buy a 51% stake in MOVA for $7.9 million.
Nets buys German POS specialist orderbird
Nets is part of European paytech conglomerate Nexi Group, which will own 100% of orderbird.
FinTech Futures: Top five stories of the week – 13 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Checkout.com snaps up French ID verification firm ubble
The deal is set to close later this year.
Pakistan’s Systems Limited to acquire National Data Consultant
The deal will also see Systems Limited acquire NdcTech’s subsidiaries in the UAE and Singapore.
Ebury acquires Bexs to expand its footprint in Brazil
With the acquisition, Ebury aims to expand its offerings in Brazil.
Thoma Bravo reportedly in takeover talks with Temenos
According to Bloomberg, Thoma Bravo has held initial takeover talks with the Swiss banking software provider.
Ohio’s KeyBank acquires Philly fintech firm GradFin
Founded in 2015, GradFin offers advisory solutions for people wanting assistance with their student loan debt.
Yapily to acquire fellow open banking firm finAPI
The deal is subject to regulatory approvals and is expected to complete in H2 2022.
HCL snaps up Swiss wealth management firm Confinale
The deal will see HCL expand its footprint in the global wealth management market.
LexisNexis acquires anti-fraud behavioural biometrics firm BehavioSec
BehavioSec tracks mobile touchscreen signals to continuously authenticate identity and prevent fraud.
FinTech Futures: Top five stories of the week – 6 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Dutch challenger Bunq becomes EU’s second largest neobank with Tricount acquisition
Tricount is a group expense management app that allows users to balance their expenses with friends.
Truist snaps up Gen Z-focused personal finance app Long Game
Under the deal, Long Game’s engineers, designers and business leaders will join Truist’s innovation team.
Banking Technology Magazine May 2022 issue out now
Cover story: THE NEED FOR SPEED – Getting money to those that need it, fast.
FinTech Futures: Top five stories of the week – 29 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Banking Circle acquires German A2A payments firm SEPAexpress
Banking Circle expects more than 20% of e-commerce transactions in Europe will be made via A2A payments by 2023.
US paytech Choice brings on Nexa Equity as majority investor, acquires DPC
Nexa Equity aims to scale Choice through both “organic initiatives” and strategic acquisitions such as DPC.
Norway’s Signicat buys UK anti-fraud firm Sphonic
The company aims to be the go-to provider for digital identity and anti-financial crime services across Europe.
Singapore’s Nium to acquire alternative payments network Socash
The acquisition is expected to close in Q3 2022, subject to customary regulatory conditions.
Irish fintech Fenergo acquires AML transaction monitoring start-up Sentinels
The acquisition, for an undisclosed sum, is set to strengthen the firm’s client lifecycle management platform.
FinTech Futures: Top five stories of the week – 22 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Trading app Robinhood plots global expansion with acquisition of UK crypto firm Ziglu
Robinhood says the deal forms part of its mission to “democratise finance”.
