Visa acquires POS payment gateway Payworks
The integrated platform will unify the online and in-store payments experience.
Mergers & Acquisitions/M&A
Temenos acquires AI firm Logical Glue
It claims to bring transparency and explainability of AI automated decisions to the banking industry.
Finca Microfinance Bank implements AutoSoft’s AutoBanker
The suite has been rolled across 135 branches.
SumUp enhances payments for SMEs with €330m funding
Following the acquisitions of Debitoor and Shoplo.
Goldman Sachs invests €25 million in Raisin
The new funding brings the total volume of primary investment to €195 million.
Advent acquires revenue management firm TSG
TSG provides business management software and integrated payments.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
Banking tech heavyweight Jack Henry acquires PFM firm Geezeo
The two companies say they’ve been “strong business partners” for years.
Visa acquires chargebacks tech firm Verifi
To combine Visa’s anti-fraud tech with Verifi’s solutions.
Visa expands token and ticketing services with Rambus’ portfolio
Visa will develop its tokenisation services to support commerce.
Pineapple Payments acquires CardChamps portfolio
Both firms are based in Pittsburgh, Pennsylvania.
Thomson Reuters to acquire Confirmation
It will expand core tax, accounting, and audit solutions.
Celero acquires Elmhurst and Tandem
The acquisitions add distribution and tech-focused organisations to its financial institution partners and merchants.
CGI makes £78.9m all-cash offer for SCISYS
The deal would expand CGI’s reach in European space and defence markets.
Trustly to merge with PayWithMyBank
Trustly and PayWithMyBank will combine into a global payments entity with revenues of more than $120 million in 2018
Top fintech stories this week – 14 June 2019
This week, we look at the FCA’s new rules, SoftBank’s investment, and the World Bank’s new tech.
H&R Block acquires Wave Financial for $398m
It follows Wave’s recent acquisition of Every.
CloudBees acquires Rollout to ease feature deployment
Targeting the continuous integration/continuous delivery (CI/CD) market.
Prepaid payments firm InComm acquires Hallmark Business Connections
Hallmark Business Connections provides employee incentive programmes.
Refinitiv acquires AlphaDesk to expand buy-side solutions
Deal adds a cloud-based OMS to Refinitiv’s offering.
Global Payments and TSYS agree mega-merger
The third major payments industry deal so far this year.
Top fintech stories this week – 24 May 2019
TransferWise just became even bigger, Nuvei Bidco acquires SafeCharge, and more!
Nuvei Bidco acquires paytech SafeCharge for $889m
SafeCharge board unanimously recommends the deal.
TransUnion acquires TruSignal
Financial details remain undisclosed.
Top fintech stories this week – 17 May 2019
SoftBank’s big investment, as well as BCR’s pool B… and more!
ION Investment Group acquires majority stake in Acuris
BC Partners and Acuris management retain minority ownership.
Liquidnet acquires RSRCHXchange for investment data insights
RSRCHXchange digitises content and provides a centralised hub for research access.
Top fintech stories this week – 10 May 2019
Deutsche Bank picks Red Hat, Orange acquires Secure Link, and much more!
What’s driving change and where’s M&A activity in the fintech sector?
A “technological arms race” to digitise processes and drive efficiencies is on!
Mastercard acquires Transactis to boost Bill Pay Exchange
Transactis makes digital payment services available to small businesses.
Broadridge acquires Rockall for securities lending
Financial details were not disclosed.
Equifax acquires PayNet to boost SME credit access
PayNet CEO says deal will support “Main Street American business”.
Top fintech stories this week – 26 April 2019
Figure Eight acquired by Appen, T-mobile launches checking account, and RBS’ digital bank picks Mambu.
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Figure Eight acquired by Appen
Terms of the deal were not disclosed.
Top fintech stories this week – 18 April 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Mastercard acquires Vyze for point-of-sale financing
The ai Corporation has also implemented Mastercard’s Pay by Bank feature.
Canadian challenger Mogo merges with Difference Capital
It will give Mogo access to Difference’s technology company portfolio.
Sberbank, Gazprombank and Digital Horizon invest in biometric future
Speech Technology Centre aims to become a global leader.
Nordic Capital acquires digital identity firm Signicat
The financial details for the Norwegian security firm have not been disclosed.
