Indian fintech Aurionpro bolsters AI portfolio with $16.5m takeover of Arya.ai
Arya.ai offers a cloud-based PaaS that enables enterprises to develop their own AI solutions.
Arya.ai offers a cloud-based PaaS that enables enterprises to develop their own AI solutions.
Tilia is to rebrand as Thunes and maintain operations from San Francisco.
The deal includes Marcus Invest’s accounts and assets under management.
JP Morgan has controlled the unit since its takeover of First Republic Bank last May.
Synapse previously filed for Chapter 11 voluntary bankruptcy and laid off over 50% of its workforce last year.
The sustainability spending fintech is to integrate the DoneGood marketplace into its company ratings platform.
All investments in Diversified and Fractible will be transferred to Konvi this month.
The proposed merger will create a combined group boasting a balance sheet of around £89 billion.
Our pick of the top fintech news stories this week includes Klarna, Ramp, Zopa and more.
Founded in 1997, Macatawa Bank manages a network of 26 full-service branches across Michigan, USA.
The parties say they expect the transaction to close “in the coming months”.
Our pick of the top fintech news stories this week includes Linqto, HSBC, Santander and more.
Puro Finance is expected to operate as a subsidiary of the bank upon closure of the deal in May.
Spendesk claims it is the first solution in Europe to combine both spend management and procurement.
The deal is set to close in H2 2024, with Linqto to operate as a wholly-owned subsidiary of BCSA.
The deal for Petal is expected to close later this quarter for an undisclosed sum.
The acquisition is expected to close by the third quarter of 2024.
The JV will absorb Credit Suisse’s Japanese advisor base and wealth management assets.
The deal is expected to be finalised within the next 12 months.
The all-cash deal is expected to close in the second half of 2024.
Linedata says the purchase will extend its reach to the “critical sectors” of asset management, insurance and credit.
Our pick of the top fintech news stories this week includes Nuvei, Westpac, iCapital and more.
Core story: GOLD GETTERS – The Olympics and fintech make the perfect team.
The deal is due to expand iCapital’s data management and reporting capabilities.
The Canadian paytech expects the acquisition to close by “late 2024 or the first quarter of 2025”.
The acquisition will boost the growth of Abrigo’s existing suite of technical accounting solutions.
The companies have until now operated as three separate divisions led by CEO Jerry Young, who is set to retire.
Founded in 2020, Novus is the UK’s first B-Corp certified digital bank.
Fintel has a two-year option to purchase the remaining 30% stake in ifaDASH for an agreed multiple of EBITDA.
Our pick of the top fintech news stories this week includes Nuvei, Silverbird, nCino and more.
SmartWorks is Signicat’s sixth acquisition since the arrival of new owner Nordic Capital, in 2019.
Equals Group has confirmed it received an “indicative non-binding proposal” about a potential deal.
The acquisition will give 7IM a base in the Midlands to broaden the reach of its operations.
The Canadian paytech says “no decision has been made at this time” regarding a potential deal.
DocFox provides account opening software built to help simplify the customer onboarding process.
EML has owned Nuapay since 2021, when it purchased the company in a €110 million deal.
With the deal, Anna Money says it plans to introduce a “smart business current account and debit card”.
The restructuring will involve members of three of the five acquisitions it has made in the last four years.
The acquisition will enable Levenue to boost the footprint of its revenue-based financing marketplace.
The purchase is set to bolster Request Finance’s platform with crypto-specific accounting functions.