What the Fintech? Season one | Fintech Jail
Here’s a list of all the buzzwords in our What the Fintech podcast game, “Fintech Jail”.
Mergers & Acquisitions/M&A
2020 review: Top 10 fintech and bank M&A deals
Despite COVID-19, the financial sector has still enjoyed some notable M&A deals.
IBM buys Canadian fintech Expertus to bolster payments offerings
The acquisition strengthens its portfolio as an end-to-end digital payments solution provider.
Paytech firm Ondot acquired by US banking tech giant Fiserv
Fiserv says the Ondot takeover will help it provide a “unified digital experience” to customers.
Worldline buys controlling stake in ANZ’s acquiring business
Worldline says Australia is an ideal stomping ground for international expansion.
AnaCap announces acquisition of Novia Financial
The deal is AnaCap’s third foray into the UK investment space since 2019.
The Fintech Review: 2020
We cover embedded finance, competition, open banking, and CBDCs.
New York-based Synechron buys Australian payments firm Attra
Attra and Synechron will have a combined workforce of 10,000 employees and annual revenue of $650m.
Wolters Kluwer snaps up cloud-based lender eOrignal for €231m
eOriginal claims “double-digit” revenue growth over the last three years.
Paysafe to list via Bill Foley-backed Spac at $9bn valuation
Blackstone and CVC acquired Paysafe back in 2017 for £3 billion.
JPMorgan snaps up tax automation fintech 55ip
“Advisors are increasingly seeking intelligent, automated tools,” says bank.
UniCredit CEO to step down in 2021
Jean Pierre Mustier calls it quits after butting heads with board.
Web Summit 2020: A fintech summary
Stripe is looking at products around digital identity.
What the Fintech? Episode 17 | The spirit is willing, but the markets are weak
This episode of WTF? podcast features Vinoth Jayakumar, partner at VC firm Draper Esprit.
S&P Global could buy IHS Markit for $44bn
S&P Global’s shares have risen 25% in New York this year alone.
JP Morgan and Lloyds considering acquisition of UK challenger Starling Bank
Pair of major banks interested in Starling Bank’s potential following profit announcement.
London payments firm SumUp buys digital PoS fintech Goodtill
SumUp and Goodtill have worked together “for many years as partners”.
Spanish mega-merger off the cards as BBVA and Sabadell call it quits
The two banks couldn’t agree price over a major combination.
Credit Karma secures $7.1bn Intuit acquisition, sells tax ops to Square
Square enjoyed a 4% jump in stock market value following the announcement.
South African BaaS provider Ukheshe to acquire local fintech Oltio
Oltio is a smaller South African firm which hosts QR code payments for Mastercard.
FNZ acquires investment solution vendor Silica from Ninety One
Silica claims to service more than 1.3 million investor accounts.
Santander to pay €100m for Wirecard’s core European business
The deal means the bank can expand its payment solution across Europe, says Santander’s CEO.
Nexi’s acquisition of Nets creates Europe’s largest payments firm by volume
Nexi is “uniquely positioned to catch further M&A opportunities”, says CFO.
PNC buys BBVA’s US arm for $11.6bn creating America’s fifth-largest bank
PNC expects the acquisition will generate around $900 million in cost savings.
United Fintech launches in UK and acquires NetDania
Danish fintech NetDania supplies forex and trading technology and data.
US Department of Justice moves to block $5.3bn Visa-Plaid deal
US regulator files lawsuit against Visa, accusing it of monopolistic tactics.
UK’s PayPoint to make double acquisition worth £70m
PayPoint currently boasts a 9,000-customer strong card payment estate.
Nordic Capital acquires RegTech from BearingPoint
Private equity group plans to boost RegTech’s international footprint.
Oracle gains new Flexcube deals in Middle East and Africa
Technology vendor signs a selection of new clients.
NerdWallet makes second acquisition in 2020 with Fundera
The deal with Fundera sees NerdWallet continue to diversify its business.
Worldline completes $8.6bn acquisition of Ingenico
Worldline claims to have created the world’s fourth-largest payments firm.
Alliance Data to buy BNPL fintech Bread for $450m
The acquirer expects the deal to increase its earnings per share by 2023.
India’s Wipro to buy Finastra partner Encore Theme Technologies
Encore Theme claims to be one of Finastra’s “fastest growing partners”.
Calastone acquired by US private equity firm Carlyle Group
Financial details of the agreement have not been disclosed.
Nets completes acquisition of major Polish card payment processor
“Poland is one of the most attractive regions in Europe” for digital payments.
US holding firm Syncapay buys Wirecard’s North America business
Wirecard put the market value of its North American business at €824m.
PayPal weighs up crypto acquisitions following major wallet update
BitGo had a valuation of around $170 million in 2018.
Major Indian IT firm TCS in talks to buy Deutsche’s Postbank tech unit
Postbank Systems provides IT services to Postbank, which Deutsche bought back in 2010.
Thoma Bravo buys majority stake in risk and reporting firm AxiomSL
AxiomSL’s services cover more than 110 regulators across 55 jurisdictions.
Russia’s Yandex and Tinkoff scrap $5.5bn deal
Internal email suggests agreement was lost on nature of the merger.
