Mergers & Acquisitions | World Fintech News

Double exposure image of a Financial stock chart hologram over a panorama city view of Singapore, illustrates the SFA President's Insights on Fintech Ecosystem.

Mergers & Acquisitions

Exciting News on Singapore’s Fintech Ecosystem

World Fintech News May 2, 2023 0

According to Shadab, the digital economy in Southeast Asia might be worth as much as a trillion Singapore dollars by 2030. Many individuals and organizations have benefited from the widespread availability of financial services that were either out of reach or prohibitively expensive before the

Mergers & Acquisitions

Power Finance Joins Marqeta in Landmark Acquisition Deal

World Fintech News February 23, 2023 0

Power Finance, a financial infrastructure business based in New York City, was Marqeta’s first Fintech acquisition, and the sale was worth $223 million, giving the publicly traded company a valuation of $3.7 billion. Power Finance, which didn’t launch until 2021, has $16.1m in funding from Dash Fund and CRV in addition to stock price. The […]

Concept of justice and law. In modern office, male judge holds gavel on sounding block, works with document law books, reports case on table.

Mergers & Acquisitions

Lawsuit Looms for Buy Now, Pay Later Providers

World Fintech News February 1, 2023 0

As investor interest waned and authorities launched lawsuits against BNPL providers, the success of these largely unregulated companies diminished in 2022 after the pandemic saw consumers flock to buy-now, pay-later loans. Lawsuits have been brought against some BNPL providers, alleging that their installment plans are predatory. A BNPL loan typically consists of a

Four successful business men joining two puzzle pieces each being held by two partners, depicting the concept of merger of two business companies.

Mergers & Acquisitions

Goldman Sachs Considers Buying CoreCard, A Purchase Payments Company

World Fintech News January 26, 2023 0

As part of its efforts to improve its credit card offerings, Goldman Sachs is exploring buying payments technology companies Deserve and Cardless and CoreCard. The former is a credit card platform, and the latter is a payments company. According to sources, Goldman’s executives held talks with Deserve in 2021 and extended the same offer last […]

Happy business partners shaking hands as collaboration success.

Mergers & Acquisitions

InComm Payments Invests in TCN, the Australian Gift Card Provider.

World Fintech News January 25, 2023 0

Paytech company InComm Payments has acquired The Card Network, one of Australia’s largest gift card providers, for an undisclosed amount. According to sources from Incomm Payments, the acquisition will enhance the company’s ability to create personable gift cards for consumers and support business growth for its retail and brand partners. Established in 2019, TCN

Business mergers and acquisitions concept.

Mergers & Acquisitions

Finom Gets a Boost, Acquires Kapaga

World Fintech News January 24, 2023 0

Finom Gets a Boost, Acquires Kapaga Finom, a fintech company that provides online financial solutions for small businesses (SMEs), has purchased Kapaga- a paytech firm, for an estimated £10 million. The acquisition will enable Finom to consolidate different paytech facilities for freelancers/ entrepreneurs, mid-sized businesses, and corporate clients throughout Europe and

Acquiring online internet business concept on a wooden blocks in a buinessman hands.

Mergers & Acquisitions

Ampla Steps into BNPL With Upside Acquisition

World Fintech News January 23, 2023 0

Ampla Steps into BNPL With Upside Acquisition To make a mark in the Buy Now Pay Later market for B2B transactions, Ampla Tech has acquired Upside Financing. The fresh concept will be based on Upside’s current product. It also stretches repayment schedules for businesses looking to align their repayments with their cash operating cycles and […]

A folder labeled merger and acquisition is kept over the stock market's growth chart illustrating MeridianLink's acquisition of OpenClose

Mergers & Acquisitions

MeridianLink Acquires OpenClose

World Fintech News November 14, 2022 0

MeridianLink Buys OpenClose For An Undisclosed Amount In what comes across as an interesting development, MeridianLink, a company that provides cloud-based solutions, has purchased OpenClose, a Fintech firm that deals with home mortgage software products. The financial part of the deal remains under wraps. MeridianLink Mortgage clients will now be able to obtain

Closeup shot of a professional holding a bank card with AI banking icons.

Mergers & Acquisitions

QuantGate & CoinAnalyst Sign LOI for Merger

World Fintech News October 28, 2022 0

QuantGate and CoinAnalyst have agreed to merge, creating a financial services industry leader in AI and ML solutions. The merger will result in a reverse takeover of CoinAnalyst by QuantGate shareholders, with QuantGate shareholders owning a majority of the remaining common shares. So, the issuer will focus on QuantGate’s AI/ML SaaS-based Fintech solutions. The

Closeup shot of business professionals shaking their hands

Mergers & Acquisitions

Regulatory Go Ahead for US Bancorp to Acquire Union Bank

World Fintech News October 24, 2022 0

After receiving approval from U.S. and Japanese regulators, US Bancorp has acquired MUFG Union Bank from Mitsubishi UFJ Financial Group. This merger is expected to be completed by 2022. Upon the announcement of their plans to acquire Pacific Continental Corporation for $8 billion, US Bancorp hopes to strengthen their presence in the West Coast states […]