Chime acquires employee rewards start-up Salt Labs
Salt Labs’ CEO Jason Lee will take charge of the neobank’s new Chime Enterprise division.
News, intelligence and resources on the global fintech industry including topics such as mergers & acquisitions/ M&A.
Salt Labs’ CEO Jason Lee will take charge of the neobank’s new Chime Enterprise division.
The deal will see Preqin’s data and research tools merge with BlackRock’s portfolio management platform Aladdin.
Our pick of the top fintech news stories this week includes Klarna, iBusiness Funding, Norm Ai, Nubank and more.
FinTech Futures takes a look back at five of the top M&A deals in June.
FinTech Futures takes a look back at five of the top AI stories from June.
Nubank plans to harness Hyperplane’s AI expertise to enhance its core machine learning capabilities.
Funding Circle first announced the planned sale in March and expects to close the transaction this month.
Global Payments has reportedly been eyeing up the purchase since February.
Our pick of the top fintech news stories this week includes Sainsbury’s, Viva Wallet, Laybuy and more.
The acquisition follows Abacus’ GoVanguard purchase last year.
The outcome “could allow Viva to be sold soon”, according to JP Morgan.
Shift4 plans to buy “additional ownership of Vectron” through a public tender offer.
Our pick of the top fintech news stories this week includes Starling Bank, Mastercard, Bink and more.
Clearshift is to continue managing the division’s payment and compliance functions.
Vertex claims the deal will enhance its “AI innovation strategy”.
AlphaSense has raised $650 million in conjunction with its latest purchase.
Our pick of the top fintech news stories this week includes Visa, Monzo, JP Morgan Payments, Funding Circle and more.
Robinhood set to leverage Bitstamp’s 50+ global licenses to fuel its planned expansion.
The deal also includes additional earn-out sums tied to performance goals.
CBC Bancorp will purchase Bay Community Bancorp in an all-cash deal valued at $14 per common share.
Our pick of the top fintech news stories this week includes HSBC, XYB, ABN Amro and more.
Adams will succeed Bob Santella following his six-year tenure in the role.
FinTech Futures takes a look back at five of the top M&A deals in May.
Our pick of the top fintech news stories this week includes BBVA, Deutsche Bank, Lemonway and more.
Through this acquisition, Cube aims to “set a new bar for the industry in regulatory automation”.
Kyndryl will provide the SIS business operated under Broadridge Canada with managed services.
The company previously announced its intention to purchase Synapse’s assets last month.
The transfer of Paymerang from Aldrich Capital to Corpay is expected to close this quarter.
Our pick of the top fintech news stories this week includes Goldman Sachs, HSBC, Microsoft and more.
Cover story: PLASTIC MEASURES – Banking must follow a more sustainable path.
Barclays was a bidder for the programme back in 2020 before Capital One eventually sold it to Goldman.
The firms expect the deal to be finalised in the first quarter of 2025.
Fulton Bank will “assume substantially all of the deposits and purchase substantially all of the assets” of the bank.
Partially financed by Stifel Venture Banking, the deal marks Paystand’s second acquisition in two years.
Our pick of the top fintech news stories this week includes Monese, Temenos, Synapse and more.
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.