Alpha-Cash acquired by heidelpay for PoS action
Following the acquisition of PayLater and Universum.
Mergers & Acquisitions/M&A
ASX to sell $385m stake in tech provider Iress
“It no longer provides the strategic value to ASX that it once did.”
BlackBerry buys AI cybersecurity firm Cylance for $1.4bn
BlackBerry says it is “now a billion-dollar cybersecurity firm”.
Entrust Datacard acquires Thales’ data security business
Will get the general purpose hardware security module, nCipher Security.
NSF makes £1.3bn takeover bid for UK lender Provident Financial
Non-Standard Finance makes unsolicited offer to buy its struggling rival.
Sasfin takes equity stake in South African lendtech Payabill
Johannesburg-based firm looking for more SME action.
Top fintech stories this week – 22 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Temenos snaps up India’s hTrunk for greater big data
Vendor expects to see integrations into T24 Transact and Infinity.
Hong Kong Exchange buys into Shenzhen fintech
HKEX looking to boost its financial markets tech capabilities.
Falcon Private Bank flies away from UK nest
Bank departs and sells assets of London-based subsidiary to Dolfin Financial.
Data intel firm GBG acquires IDology for $300m
UK firm buys identity verification and fraud prevention specialist for American dream.
Coinbase acquires blockchain intelligence platform Neutrino
Crypto exchange seeks better analysis of data on public blockchains.
Factris has X factor for Lithuanian expansion
Its investment plans follow on from Debifo acquisition last month.
Video: fintech news weekly round-up – 18 February 2019
Features Monzo, Ant Financial, WorldFirst, Lloyds and more!
iSignthis muscles into Lithuania’s paytech space with BBS acquisition
iSignthis will pay €150,000 upfront for BBS (half in cash and half in issued shares) and then a further earn-out fee.
Ant Financial to buy WorldFirst for $700m
It was expected and gives Chinese firm a handy boost to its e-commerce plans.
Fintech investment in US hits record $52.5bn
KPMG’s “2018 Pulse of Fintech” report is good news for the States.
Thoma Bravo to acquire US lendtech Ellie Mae for $3.7bn
Private equity investment firm makes an all-cash transaction.
I.T. (insurance technology) had to be you
The sector should fall in love with tech that will bring it closer to customers, creating collaboration and trust.
Blockchain Exchange Alliance preps tech for payments push
With a heavy emphasis on partnerships and acquisitions.
Symantec acquires Luminate Security for cyber cloud defence
Getting prepared for infrastructure managed by Azure, AWS and Google.
ACI buys paytech assets from RevChip and TranSend
Acquisitions to enhance its in-store payment solutions.
SumUp acquires Polish e-commerce platform Shoplo
To sum up, the UK payments firm will expand its product suite.
Nasdaq to sell GRC business BWise to SAI Global
Bids farewell to its governance, risk and compliance software platform.
Solera buys Nordic insurtech in4mo Oy
Texas-based firm plays it cool when it comes to what it paid.
Morgan Stanley stocks up with $900m Solium acquisition
Wealthtech move marks its biggest deal since the financial crisis.
Nets pushes into Poland with Przelewy24 and DotPay/eCard acquisition
Nordic firm has acquired 51% stake in the consolidated payments group.
Euronext ups Oslo Stock Exchange offer to $790m
What a saga! The battle in Norway against Nasdaq continues.
BB&T and SunTrust $66bn merger leads to mega tech revamp
New deal is designed to keep their banking competitive.
Visa fights back against Mastercard with £247m Earthport offer
Payments firm Earthport is being fought over by two well-heeled lovers.
Barclays has nod and Bink for loyalty programmes
Barclays leads an investment round of £10 million into the start-up.
Facebook buys blockchain firm Chainspace
It may be looking to move towards the payment space.
Software platform Kofax to acquire Top Image Systems
Final closing of the transaction is subject to a vote by TIS shareholders.
Kraken acquires UK trading platform Crypto Facilities
No specifics but it is a “nine-figure deal”.
JP Morgan takes minority stake in Smart Pension
UK-based pensions provider has now raised a total of £50 million in funding.
Euronext takes on Nasdaq with $737m Oslo Stock Exchange offer
Makes lower bid but says it has support from majority of Oslo Bors shareholders.
Broadridge partially acquires PivotData and Sol Hedge regtech
Fintech provider is expanding its regulatory capabilities.
WorldFirst closes US operations to save Ant Financial deal
UK currency exchange doesn’t want the acquisition derailed by regulators.
Banking Technology February 2019 issue out now
Superstructures: fintech reaches new heights.
Nasdaq outbids Euronext with $770m offer for Oslo Stock Exchange
Euronext had made a bid of $713 million.
