Western Union agrees sale of Business Solutions division for $910m
Investment firms Goldfinch and Baupost are paying in cash.
Mergers & Acquisitions/M&A
Paysafe signs deal to acquire alternative payments platform PagoEfectivo
The deal is expected to close by the end of August.
Broadridge acquires Alpha Omega in Itiviti combination plan
Broadridge will combine Alpha Omega and Itiviti’s post-trade solutions.
Fifth Third completes acquisition of healthcare fintech Provide
Provide offers financial products targeted at healthcare practices.
NCR to acquire crypto ATM firm LibertyX
The deal will see NCR deploy LibertyX across its software suite.
Video: fintech news pick of the week – Square, Lloyds and VNLIFE
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Square plans $29bn acquisition of Aussie BNPL firm Afterpay
The deal will become Australia’s largest ever acquisition.
Video: fintech news pick of the week – Visa, FTX and Bank of Ireland
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Better acquires UK digital mortgage broker Trussle
The deal represents Better’s first entry into the UK mortgage market.
Circle to go public in $4.5bn SPAC deal
The combined company plans to float on the New York Stock Exchange (NYSE).
BNY Mellon to acquire fund management tech firm Milestone Group
The New York bank is looking to expand its digital offerings and core capabilities.
Video: fintech news pick of the week – Danske Bank, Rapyd and Deutsche Börse
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Video: fintech news pick of the week – Viva Republica, JP Morgan and NatWest
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Banking Technology July / August 2021 issue out now
Cover story: breaking with tradition – how Minna Bank is disrupting the Japanese system.
JP Morgan to acquire fintech start-up OpenInvest
The US bank is looking to boost its ESG investment offerings.
JP Morgan Chase acquires 40% stake in Brazil’s digital challenger C6 Bank
Launched in 2019, digital bank C6 has more than seven million customers.
Video: fintech news pick of the week – Visa acquires Tink; Raisin merges with Deposit Solutions
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Cross River Bank acquires data analytics firm PeerIQ
The firm says its new acquisition will create a “comprehensive” suite of offerings.
US investment app Stash acquires financial literacy platform PayGrade
Stash plans to “quickly expand” its new acquisition.
Broadridge appoints Ray Tierney as new president of Itiviti
The firm signed a $2.5 billion deal to acquire Itiviti earlier this year.
Video: fintech news pick of the week – JP Morgan acquires Nutmeg; investments for Clip and Ebanx
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
JP Morgan acquires digital wealth manager Nutmeg
Nutmeg will complement the launch of JP Morgan’s digital bank Chase.
Video: fintech news pick of the week – Nubank raises $750m; Goldman Sachs partners with Visa
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Financial wellness platform Credit Sesame raises $51m to fuel expansion plans
The US-based fintech also announced the acquisition of Zingo, a fintech software services start-up.
Mark Cuban-backed banking app Dave to go public in $4bn SPAC deal
The two parties claim the deal will be finalised later this year.
Singapore fintech Nium acquires B2B travel payments firm Ixaris
The transaction is expected to close early in the third quarter of 2021.
Mitek acquires biometrics firm ID R&D to integrate anti-spoofing technology
The deal sees ID R&D shareholders receiving $49 million in Mitek stock and cash.
United Fintech hires 14-year Goldman veteran to lead North American expansion
Mark Lawrence joins the scale-up to grow its business in the US and beyond.
FortisPay acquires EpicPay and Change Merchant Systems
US payments firm plans to create a unified platform combining all three.
HSBC bids goodbye to loss-making US division as profits move to Asia
HSBC has sold its mass-market retail banking ops to Citizens Bank and Cathay Bank.
Mission Lane acquires Honeydue to launch new debit card product
Honeydue has over 500,000 registered users in six countries and in three languages.
CleverCards to gain EMI licence via M&A, raises Facebook exec-led €10m round
Gareth Lambe, head of Facebook Ireland, has invested in CleverCards.
Stripe acquires card verification fintech Bouncer
Both Bouncer’s team and its technology will join Stripe.
Cedar co-founder: Our biggest competition is status quo and inertia
Cedar acquired San Francisco-based OODA Health for $425 million last week.
InvestCloud acquires cash flow firm Advicent to bridge advisor-client gap
Vista Equity-owned Advicent provides technology for 3,000 firms.
Bill.com acquires spend management firm Divvy in $2.5bn deal
Bill.com is paying $625 million in cash and $1.875 billion of common stock.
BNPL firm Affirm acquires Returnly in $300m deal
More than eight million shoppers have used the online return service.
M&A is driving digital transformation across financial services
There’s one clear winner when it comes to the collaboration of banks and fintechs – the consumer.
MVB Bank snaps up majority stake in Indianapolis fintech Trabian
The value of the stake remains undisclosed.
Video: Top fintech stories this week – 16 April 2021
To stories from across the fintech world, featuring Coinbase, Pine Labs, Ozon and more.
