February 19, 2025
Acquisition Details and Market Impact JC Flowers & Co. has completed the sale of Vericity Inc. to IA American Holdings, a subsidiary of Financial Corporation. The deal, valued at $170 million, was finalized in October 2023. IA American Holdings acquired all outstanding shares of Vericity at $11.43 per share. Following the transaction, Vericity's common stock
February 19, 2025
Expands Presence in Texas and Colorado and Appoints Three New Board Members Winter Haven, Florida, January 2, 2025 / Prnewswire / - Southstate Corporation (NYSE: Ssb) ("Southstate" or the "Company") announced the successful completion of its acquisition of Independent Bank Group, Inc. (Nasdaq: Ibtx) ("Independent Financial") on January 1, 2025. As part of this merger,
February 18, 2025
The Crypto Market’s Resurgence and Rising M&A Activity The cryptocurrency market rebounded strongly in Q4 2024, with Bitcoin reaching a historic $100,000 on December 5. This growth was fueled by multiple factors, including: Amidst this recovery, the crypto M&A market witnessed significant acquisition activity, with companies seeking strategic expansion. CB Insights compiled a list of
February 15, 2025
The fintech soap opera which is the SAGA synapse has taken Another tower yesterday. We learned less than three weeks ago that Tabapay was acquisition Synapse out of bankruptcy. Now this agreement seems to have collapsed while disagreements between Synapse, Evolve Bank and Trust and Mercury remain unresolved. Jason Mikula of Fintech Business Weekly continues
February 9, 2025
Wilmerhale lawyers have decades of experience by advising public and private companies, investment capital sponsors, venture capital companies, family offices, financial advisers and other market leaders in Life, technology, financial services / fintech and other sectors on “BET the Company” transactions. Just in 2023, we advised customers on more than 60 mergers and acquisitions
January 29, 2025
Supported MooveA mobility fintech born in Africa which offers vehicle financing to the engine application and delivery engines on six continents, acquired Kovi, a Brazilian urban mobility provider. The value of the agreement is not disclosed, but Moove has confirmed that it was a transaction all -vares, and Kovi now belongs to Moove. The co-founder
January 29, 2025
Corpay, Inc. (NYSE: CPAY), a global company for corporate payment S&P 500, has completed the acquisition of GPS Capital Markets, LLC, a supplier of corporate cross-border solutions to companies in the upper intermediate market, mainly in the United States “We are delighted to officially welcome GPS to the Corpay family. With the addition of Paymerang
January 23, 2025
Free newsletter Get the latest Fintech Singapore news delivered to your inbox once a month Despite a significant year-over-year (YoY) decline, fintech retained its position as the most active technology sector for mergers and acquisitions (M&A) in Southeast Asia in 2023. This service, common in DealStreetAsia's June 2024 SE Asia Tech M&A Review report, reflects
January 22, 2025
LONDON: As world leaders, business giants and policymakers gathered in Davos, Switzerland, on Monday for the opening of the 55th annual meeting of the World Economic Forum, all eyes were on Washington, where Donald Trump was inaugurated for his second term. This dual spectacle highlighted the contrast between two seemingly opposing worldviews: Trump's doctrine of
January 3, 2025
Thomson Reuters acquires tax automation company SafeSend in an all-cash transaction valued at $600 million. Founded in 2008, Ann Arbor, Michigan-based SafeSend offers a cloud-based platform designed to streamline the processing and sharing of sensitive financial documents. This includes tools to file tax returns, collect electronic signatures, collect payments, automate workflows, meet compliance obligations, and
December 22, 2024
Counting technologiesa consumer debt management company, sold its assets to a digital bank and fintech two months after its bankruptcy. LendingClub Corporation, the parent company of LendingClub BankAnd Pagaya Technologies announced on Wednesday that it had acquired various parts of the intellectual property developed by Tally. Tally started as a consumer-centric app that allowed users
December 13, 2024
Bank of America has merged its FinTech and technology investment banking teams. The 50 bankers on its FinTech team will join the 200 in its technology group, reflecting the growing similarities between the two sectors, Bloomberg reported Monday (October 14). “Payments and FinTech software will inevitably intersect” Kevin Brunerpresident of global mergers and acquisitions and
