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Browsing: Corporate Acquisitions

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Fintech Adds Consignment Sales Technology with Acquisition of Nexxus

November 16, 2024

Financial information technology (Financial technology) acquired Nexxus Group to expand its B2B payment capabilities. The acquisition, completed in May, adds Nexxus Group's consignment technology to Fintech business solutions for the hospitality and retail sectors, the companies announced in a statement released Wednesday (May 29). press release. “By combining their industry-leading digital commerce and consignment payment

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5 Big FinTech acquisitions announced in Europe in July 2024

November 9, 2024

By Gloria Methri July 31, 2024 Acquisition Aion Bank International Ant In the first quarter of 2024, the FinTech mergers and acquisitions (M&A) sector in Europe saw notable activity despite a challenging macroeconomic environment. Transaction volumes in the wider EMEA region decreased by 26% compared to the previous year, but transaction values ​​increased by 9%,

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Lesaka completes the acquisition of Adumo, thus consolidating its

November 7, 2024

JOHANNESBURG, October 02, 2024 (GLOBE NEWSWIRE) - Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (Nasdaq: LSAK; JSE: LSK) today announced that it has completed the acquisition of Adumo RF ( Pty) Ltd (“Adumo”). The transaction was settled by the issuance of 17,279,803 ordinary shares of Lesaka and a cash payment of ZAR232.2 million ($13.4 million),

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MONEYTHUMB FINTECH LEADER ACQUIRED BY IRON CREEK

October 23, 2024

Partnership to accelerate future growth and innovation MoneyThumb SaaS Document Rating Technology SAN DIEGO, August 29, 2024 /PRNewswire/ - MoneyThumba leader in automated document evaluation and fraud detection solutions today announced its acquisition by Iron Creek Partners LLC (“Iron Creek”), a private investment firm focused on investments in the software, data, communications and business services

Numerix logo displayed with the announcement of Numerix's acquisition of Kynex, strengthening risk management and fixed-income market expertise.
Numerix Expands Capabilities with Acquisition of Convertible Securities Platform Kynex

October 16, 2024

Move Strengthens Numerix's Risk Management Solutions and Fixed-Income Coverage NEW YORK, Oct. 16, 2024 — Numerix, a leading provider of Front-to-Risk technology in the capital markets, has announced the acquisition of Kynex, a renowned financial platform specializing in convertible securities valuation, portfolio management, and trade flow/order management. This acquisition enhances Numerix’s asset class coverage and

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Tabby's Acquisition of Saudi Fintech Raises New Hopes for Venture Capital Firms

October 15, 2024

When Saudi Arabia-based Tabby – one of the Middle East's first fintech unicorns – announced the acquisition of startup Tweeq, it turned heads among venture capitalists considering ventures. investment opportunities in the kingdom. Tabby's Acquisition of Saudi Fintech Raises New Hopes for Venture Capital Firms The deal, which will see Tabby buy the digital wallet

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Fintech Payoneer buys Skuad, a 5-year-old global payroll startup, for $61 million in cash

October 3, 2024

New York-based fintech Payoneer has acquired Skada global HR and payroll startup based in Singapore, for $61 million in cash, the company told TechCrunch exclusively. Payoneer said it could also pay up to $10 million more, provided Skuad meets various performance targets in the first 18 months following the acquisition. Payoneer also committed to granting

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MarshBerry acquires IMAS Corporate Finance

October 2, 2024

Marsh Baya global mergers and acquisitions advisory firm for insurance brokers, revealed that it has acquired IMAS Corporate Finance LLP (IMAS). This strategic acquisition aligns with MarshBerry's growth strategy to enhance its solutions portfolio for global customers. By partnering with IMAS, MarshBerry aims to combine their strengths and expertise to create a powerful M&A advisory

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India leads Asia-Pacific M&A deals in Q1 2024: S&P Global | Company News

October 2, 2024

(Photo: Wikimedia Commons) 2 minutes of reading Last update: May 10, 2024 | 10:51 p.m. STI India bucked the trend, posting the best M&A deal numbers in the Asia-Pacific region in the first quarter (Q1) 2024 in the financial sector, with 27 deals completed, up from 13 in the first quarter (Q1) of 2024. Japan

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Fintech Infibeam Avenues to acquire majority stake in Rediff.com | Company News

September 26, 2024

This acquisition is expected to improve user engagement on the platform and open up new revenue streams 3 minutes reading Last updated: August 02, 2024 | 11:12 p.m. IST Payment solutions provider Infibeam Avenues on Friday said it will acquire a 54 per cent stake in news website Rediff.com India as part of its plan

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Danish company Ageras raises €82 million for fintech acquisitions

September 24, 2024

Fintech founded in Denmark Ageras announced today that it has lifted 82 million euros for new acquisitions in an oversubscribed private placement round that brings the company's funding to nearly €200 million. Ageras was founded in 2012 by serial entrepreneurs Rico Andersen and Martin Hegelund as an online marketplace connecting small businesses with accountants and

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Nordic Finance: M&A and partnerships drive growth for banks

September 23, 2024

The Nordic financial sector is experiencing unprecedented bank consolidation and fintech partnership building activity. The increase in collaboration agreements between traditional banks and fintech players is helping financial firms develop deeper competencies in next-generation digital and AI offerings in key areas such as risk management, data analytics, robo-advisors, portfolio management, and fraud detection and prevention.