New holding company Syncapay looks for paytech acquisitions
Syncapay’s vision is to build a powerhouse portfolio of disruptor payment solutions.
Mergers & Acquisitions/M&A
IBM acquires data tech firm Armanta
Armanta will be integrated into IBM’s Watson Financial Services portfolio.
SME lender Kabbage to acquire fellow lendtech Orchard
Small business lender Kabbage is rumoured to be acquiring lending platform Orchard Platform Markets.
Sella Open Fintech Platform to buy Vipera for $34m
Mobile financial services company Vipera to be acquired by Sella Open Fintech Platform (SOFP).
Coinbase acquires Earn, appoints first CTO
The deal is valued at $100 million.
Goldman Sachs acquires personal finance app Clarity Money
Brings over one million customers to its online lending platform Marcus.
Paysafe to purchase iPayment
You can probably guess it’s to do with payments.
Francisco Partners to buy Verifone for $3.4bn
If you’re going to Francisco be sure to wear some flowers in your hair.
BNP Paribas takes over Janus Henderson’s US middle and back office ops
Transaction sees French bank get more action in the States.
Finantix acquires Asian wealthtech start-up Smartfolios
Deal brings in quant-enabled investment tools for digital wealth management.
Bazaarvoice acquires e-commerce app provider AddStructure
Addstructure offers search and discovery apps for e-commerce merchants.
Circle buys Poloniex to expand cryptocurrency services
Acquires a rival of Coinbase and Kraken to spice up cryptocurrency arena.
Vermeg buys regtech firm Lombard Risk for £52m
Vermeg takes over risk management and regtech firm Lombard Risk.
Fintech start-ups acquired by banks – CB Insights
2017 saw more acquisitions by top US banks than any other year.
Visa buys payments firm Fraedom
Fraedom has been a Visa partner for nearly ten years.
Top fintech stories this week – 9 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Warburg Pincus buys majority stake in Fiserv lending business for $395m
Warburg Pincus is busy again with the acquisition of a 55% share.
ION acquires treasury management tech vendor Openlink
ION heading for a clean sweep of the treasury management software market?
Urban FT takes over troubled Digiliti Money
Digiliti Money will merge into Urban FT’s affiliate, FinTech Imaging Solutions.
Blackstone buys Thomson Reuters’ financial business for $17bn
Gets data business, risk and compliance solutions and wealth management software.
RELX buys fraud prevention firm ThreatMetrix for $830m
Deal is expected to close in the first half of this year.
Wipro takes minority stake in Harte Hanks
Wipro is acquiring a $9.9 million minority stake in omnichannel marketing services firm Harte Hanks.
Unified monitoring: how banks can plan for success, not just prepare against failures
How to stay competitive among other brick-and-mortar operations.
Coinbase gets the Memo.AI engineering talent
Digital currency wallet Coinbase looks for growth.
CIBC acquires Wellington Financial for lendtech push
Buys loan assets as it seeks to strengthen its presence in North America.
Envestnet finalises acquisition of FolioDynamix for $195m
Wealthtech firm FolioDynamix is now part of Envestnet.
Top ten payments projects in 2017
Enjoy some of the major payments projects in 2017.
AWS reportedly eyeing deal for big data start-up Sqrrl
The big data analytics start-up could help AWS add an additional layer of security to its public cloud.
TSYS to acquire fellow paytech firm Cayan for $1.05bn
The acquisition is expected to close in Q1 next year.
Gemalto wooed by Thales’ massive wallet
Story needs more double entendres.
Blockchain and Bitcoin round-up: 30 November 2017
Coming straight after yesterday’s (29 November) fun and games, here’s another quick summary of the blockchain and Bitcoin action. Features the European Central Bank, Tieto, Coinsilium Group and StartupToken. Well, Bitcoin went past $11,000. And then dropped. As you read this it will have changed again. So, opinions are aplenty. And… banks should speed up […]
Wealthtech: a market poised for extended growth
Rapid changes are occurring in the wealth management space and the level of disruption in how advice and capital are managed is only beginning. Wealth management is a monumental industry. The players in the space run the gamut from gigantic hedge funds to individuals who manage their own investments. This changing wealth management landscape is driving a significant uptick in transactions.
BNP Paribas and Caple make European SME credit capable
BNP Paribas Asset Management (BNPP AM) has acquired a 10% stake in European credit provider Caple, allowing for a partnership to offer alternative credit to European small and medium-sized enterprises (SMEs).
Talend acquires API design and test specialist Restlet
Talend, which specialises in big data and cloud integration, is acquiring the outstanding shares of Restlet SAS, a France-based company that specialises in API design and testing, reports Enterprise Cloud News (Banking Technology‘s sister publication). Although no financial details were released, all 16 members of the Restlet staff along with the company’s founder will join […]
EFL merges with Lenddo
Psychometric credit scoring company Entrepreneurial Finance Lab (EFL) has merged with alternative credit score provider Lenddo.
Payments round-up: 10 October 2017
Payment services are all the rage this week, here’s a rundown with this week’s round-up. Featuring Paynear, GoSwiff, BBVA, Omnia Pay and Huawei.
Tibco acquires Cisco’s data virtualisation business
Integration, analytics, and event-processing software company Tibco has agreed to acquire Cisco Data Virtualization (formerly Composite Software), reports Julie Muhn at Finovate (Banking Technology‘s sister company). The solution powers enterprise-scale data virtualisation and offers associated consulting and support services. Tibco will leverage the new solution to “enhance its portfolio of analytics products and will help clients onboard analytics […]
ADP Buys Global Cash Card
ADP has acquired Global Cash Card, a pioneer in payroll and contract employee payments. The deal gives ADP a proprietary payments processing platform that, it says, provides value-added services for existing clients and will speed time to market for new clients.
Digiliti Money plans to delist from Nasdaq
Digiliti Money (DGLT), which is in merger negotiations with Urban FT, is planning to delist from the Nasdaq, according to its most recent SEC filing.
Digiliti Money Filing Reveals Deal Progress
Digiliti Money (DGLT) may have gotten knocked down, but it’s not out. And neither is a revised bid from prospective buyer Urban FT.
