Powerful PayPal parades financial prowess
Revenue, income and payment volumes are all up.
Mergers & Acquisitions/M&A
LaSalle Capital gets perfect payments present with National Gift Card acquisition
Chicago-based private equity firm grabs some payments action.
Atos to acquire digital dynamo Syntel for $3.4bn
Syntel provides cloud, social media, mobile, analytics and IoT solutions.
State Street to buy Charles River Systems for $2.6bn
Will acquire US investment management front office solutions provider.
EY buys into blockchain for an Elevated Consciousness
Buys US start-up’s crypto-asset accounting and tax functions.
FundAmerica acquired by Prime Trust
Blockchain-driven trust firm buys crowdfunding regtech company.
Equifax acquires alternative data provider DataX
DataX brand and employees integrated into Equifax’s Banking and Lending Division.
Central 1 and Agility Forex in FX-ing great partnership
Special FX for Central 1’s clients and credit union members in Canada.
Accuity safely acquires Safe Banking Systems
With SBS it gets KYC and AML solutions.
PayPal CEO commits to $3bn a year in M&A spending
Spending spree is not slowing down yet.
EQT to acquire Saxo Payments Banking Circle
Transaction is expected to close in Q4 2018.
Risk info provider TransUnion gets outstanding Iovation
Finalises its purchase of device intelligence company.
Ping Identity acquires Elastic Beam
Identity security solutions provider buys API cybersecurity company.
Finastra selling its collateral management branch to Teranet
The transaction will be completed by July 2018.
Stellar to acquire crypto firm Chain for $500m
Stellar is more interested in the developers rather than its technology.
PayPal gets anti-fraud ability with $120m acquisition of Simility
Buys fraud prevention and risk management platform.
Luxoft smashes it with Smashing Ideas acquisition
Smashing, lovely, super. Purchase bolsters digital research, strategy and design.
Hyperactive PayPal acquires Hyperwallet for $400m
Gives it more payment solutions to e-commerce platforms and marketplaces.
Finastra acquires banking app provider Malauzai
Deal strengthens its involvement in US retail and business banking sectors.
InvestCloud acquires rplan for $20m in asset management advance
Deal extends its direct-to-consumer (D2C) offering for asset managers.
Gift Card Impressions acquired by InComm
Prepaid products company InComm buys former competitor Gift Card Impressions (GCI).
Vasco rebrands as OneSpan, acquires Dealflo
Business solutions company Vasco is making a major pivot.
Temenos on M&A trail to grow US business
Anti-money laundering (AML), fraud and wealth management are the focus areas.
Mitek acquires AI firm A2iA for $49.7m
US-based digital identity verification company bolsters its capabilities.
Microsoft acquires Semantic Machines for conversational AI starter
Ambitions to make chatbots sound more human and less like robots.
Oracle buys US firm DataScience
Adds platform to its cloud for machine learning boost.
Capital One buys digital identity start-up Confyrm
“Scrappy little start-up” has made a difference.
New holding company Syncapay looks for paytech acquisitions
Syncapay’s vision is to build a powerhouse portfolio of disruptor payment solutions.
IBM acquires data tech firm Armanta
Armanta will be integrated into IBM’s Watson Financial Services portfolio.
SME lender Kabbage to acquire fellow lendtech Orchard
Small business lender Kabbage is rumoured to be acquiring lending platform Orchard Platform Markets.
Sella Open Fintech Platform to buy Vipera for $34m
Mobile financial services company Vipera to be acquired by Sella Open Fintech Platform (SOFP).
Coinbase acquires Earn, appoints first CTO
The deal is valued at $100 million.
Goldman Sachs acquires personal finance app Clarity Money
Brings over one million customers to its online lending platform Marcus.
Paysafe to purchase iPayment
You can probably guess it’s to do with payments.
Francisco Partners to buy Verifone for $3.4bn
If you’re going to Francisco be sure to wear some flowers in your hair.
BNP Paribas takes over Janus Henderson’s US middle and back office ops
Transaction sees French bank get more action in the States.
Finantix acquires Asian wealthtech start-up Smartfolios
Deal brings in quant-enabled investment tools for digital wealth management.
Bazaarvoice acquires e-commerce app provider AddStructure
Addstructure offers search and discovery apps for e-commerce merchants.
Circle buys Poloniex to expand cryptocurrency services
Acquires a rival of Coinbase and Kraken to spice up cryptocurrency arena.
Vermeg buys regtech firm Lombard Risk for £52m
Vermeg takes over risk management and regtech firm Lombard Risk.
