South African BaaS provider Ukheshe to acquire local fintech Oltio
Oltio is a smaller South African firm which hosts QR code payments for Mastercard.
Oltio is a smaller South African firm which hosts QR code payments for Mastercard.
Silica claims to service more than 1.3 million investor accounts.
The deal means the bank can expand its payment solution across Europe, says Santander’s CEO.
Nexi is “uniquely positioned to catch further M&A opportunities”, says CFO.
PNC expects the acquisition will generate around $900 million in cost savings.
Danish fintech NetDania supplies forex and trading technology and data.
US regulator files lawsuit against Visa, accusing it of monopolistic tactics.
PayPoint currently boasts a 9,000-customer strong card payment estate.
Private equity group plans to boost RegTech’s international footprint.
Technology vendor signs a selection of new clients.
The deal with Fundera sees NerdWallet continue to diversify its business.
Worldline claims to have created the world’s fourth-largest payments firm.
The acquirer expects the deal to increase its earnings per share by 2023.
Encore Theme claims to be one of Finastra’s “fastest growing partners”.
Financial details of the agreement have not been disclosed.
“Poland is one of the most attractive regions in Europe” for digital payments.
Wirecard put the market value of its North American business at €824m.
BitGo had a valuation of around $170 million in 2018.
Postbank Systems provides IT services to Postbank, which Deutsche bought back in 2010.
AxiomSL’s services cover more than 110 regulators across 55 jurisdictions.
Internal email suggests agreement was lost on nature of the merger.
Paystack has 60,000 business customers across Nigeria and Ghana.
Aussie fintech expands reach in the UK with Delta acquisition.
“Paynetics showed up as the white knight,” says Wirecard.
Goldman reportedly beats Barclays to nab consumer credit pool worth $8.5bn.
Crowdcube’s acquisition of Seedrs is set to create a £140 million equity crowdfunding player.
Major investor Warburg Pincus currently owns 45% of Avaloq.
The two have around two million merchants, and around 120 million cards.
Identity firm plans to boost its KYX platform.
Accounts payable firm plans to take firm grip of mid-market segment.
Russian tech giant plans to snap up the country’s largest online bank.
A flurry of share issuance, exchanges and buyouts as illimity nabs half of fintech firm Hype.
The deal is part acquisition, part strategic.
For every Bankia share, CaixaBank will exchange 0.6845 newly issued shares.
In July, the subsidiary went into voluntary administration.
The CMA’s concern with mergers and acquisitions is to do with the potential impact on UK customers.
UK challenger plans for future growth and acquisitions.
The EC had paused proceedings in July as it waited for data.
Update 10/09/2020: An asset purchase agreement with Railsbank subsidiary PayrNet Limited has been signed.
How to realise the full potential of IT integration: get your systems in order, be diligent about due diligence, and prepare for post-merger.