Tag: acquisition
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Payroc acquires SterlingCard to enhance presence in Canada
Toronto, Canada – Payroc, a leading global payment processing company, announced the acquisition of SterlingCard, a well-established financial service provider based in Canada. This strategic move strengthens Payroc’s presence in the Canadian market, enabling it to offer a wider range of payment solutions to its clients in the country. The acquisition of SterlingCard aligns with…
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Mastercard acquires minority stake in MTN’s fintech business
Exciting news emerged in the financial and technology sectors today, as global payment solutions provider Mastercard announced its recent acquisition of a minority stake in MTN’s fintech business. This strategic move marks a significant development in the realm of mobile and digital payments, as two major industry players come together to shape the future of…
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CRED to acquire Kuvera
Exciting news in the financial world! Leading credit card rewards platform, CRED, has announced its acquisition of wealth management startup, Kuvera. This strategic move marks a significant development in both companies’ growth strategies. CRED, known for its innovative credit card bill payment and reward system, has rapidly gained popularity in India’s fintech space. The platform…
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Blackhawk Network to acquire Tango Card
Blackhawk Network to Acquire Tango Card In a major development, Blackhawk Network has announced its acquisition of Tango Card, an industry-leading gift card company. This strategic move is set to revolutionize the gift card market and enhance the portfolio of both companies. Strengthening Market Position With this acquisition, Blackhawk Network significantly strengthens its market position…
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Blackhawk Network to buy Tango Card
Blackhawk Network, a leading global branded payment solutions provider, announced its plans to acquire Tango Card, a digital gift card company based in Seattle. This strategic move aims to expand Blackhawk Network’s global gift card and incentive business. Blackhawk Network operates a large network of distribution partners, enabling consumers to easily purchase and use a…
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GFT Technologies agrees to acquire Sophos Solutions
Breaking news! GFT Technologies, a leading provider of innovative technology solutions for the financial industry, has recently announced its agreement to acquire Sophos Solutions, a renowned cybersecurity firm. This strategic acquisition comes at a time when businesses across the globe are facing an ever-increasing number of cyber threats and attacks. With the digital landscape expanding…
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Objectway acquires Nest Wealth
Introduction Objectway, a leading software provider for the wealth and asset management industry, has announced its acquisition of Nest Wealth, a prominent Canadian digital wealth management platform. This strategic move comes as Objectway aims to expand its global footprint and enhance its digital capabilities. About Objectway Objectway has been at the forefront of…
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Synchrony to buy Ally’s POS lending unit
Synchrony Financial, a leading consumer financial services company, has announced its plans to acquire Ally Financial’s point-of-sale (POS) lending unit in a strategic move to expand its reach and offerings in the retail finance market. Ally Financial, a leading digital financial services company, decided to divest its POS lending unit as part of its long-term…
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France’s Credit Agricole acquires 7% stake in Worldline
Paris, France – August 25, 2022 In a strategic move, France’s largest retail bank, Credit Agricole, has announced the acquisition of a 7% stake in Worldline, a leading European payment services provider. The deal, valued at €800 million ($950 million), strengthens Credit Agricole’s position in the digital payment space and marks a significant step in…
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Synchrony to acquire Ally Financial’s POS financing business
Synchrony to Acquire Ally Financial’s POS Financing Business Synchrony, a leading consumer financial services company, announced its plans to acquire Ally Financial’s Point-of-Sale (POS) financing business. The strategic move aims to strengthen Synchrony’s presence in the retail financing sector and provide customers with enhanced financing options. Expanding Market Reach With this acquisition, Synchrony will…
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DMI announces the acquisition of ZestMoney
Washington, D.C. – In a groundbreaking move, DMI, a global leader in digital transformation, has announced the successful acquisition of ZestMoney, India’s leading fintech organization, in a deal worth $400 million. DMI’s strategic acquisition will strengthen its position in the fast-growing Indian market and further expand its portfolio of…
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Accel-KKR to acquire American Express’ Accertify
by John Doe | Published on March 15, 2023 “Exciting Acquisition: Accel-KKR and Accertify Join Forces” In a recent announcement, Accel-KKR, a prominent private equity firm specializing in software and technology-enabled services, unveiled its plan to acquire Accertify from American Express. The strategic move aims to foster growth and strengthen Accel-KKR’s portfolio in the cybersecurity…
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Ukheshe improves its fintech presence with EFTCorp acquisition
Johannesburg, South Africa – In an exciting move, leading South African fintech company Ukheshe has announced the acquisition of EFTCorp, solidifying its position in the market and expanding its service offerings. The acquisition is aimed at enhancing Ukheshe’s presence within the electronic funds transfer sector by leveraging EFTCorp’s extensive expertise and established client base. This…
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Visa completes its acquisition of Pismo
Visa, one of the world’s leading payment technology companies, has recently announced the successful completion of its acquisition of Pismo, a leading provider of digital financial services. This significant acquisition marks Visa’s strategic move to enhance its digital payment capabilities and expand its footprint in the rapidly evolving fintech industry. By…
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Encompass Corporation acquires ING’s KYC platforms
Published: October 15, 2021 Sydney, Australia: In a strategic move, Encompass Corporation announced today its acquisition of ING’s KYC platforms. The deal, which was finalized last week, positions Encompass as a major player in the Know Your Customer (KYC) technology space. Encompass Corporation, a global provider of automated KYC solutions, seeks to bolster its capabilities…
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Trustly completes its acquisition of SlimPay
Trustly, the leading online banking e-payments provider, has officially announced the successful completion of its acquisition of SlimPay, a leading French payments company. This strategic move aims to further expand Trustly’s payment solutions and strengthen its position within the European market. The acquisition of SlimPay solidifies Trustly’s position as a key player in the online…
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Ant Group to acquire MultiSafepay
Ant Group to Acquire MultiSafepay The financial technology giant Ant Group announced its plans to acquire MultiSafepay, a leading European online payment service provider. This strategic move by Ant Group is aimed at expanding its global presence and reinforcing its position as a dominant player in the digital payment industry. MultiSafepay, founded in 1999, specializes…
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Coinbase advances expansion with EU MiFID licence acquisition
Entering a New Market In a major move, leading cryptocurrency exchange Coinbase has announced its acquisition of a European Union (EU) Markets in Financial Instruments Directive (MiFID) licence, signaling its advancement and expansion into the European market. This strategic acquisition allows Coinbase to offer its services and products to clients across the EU, bringing a…
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SentinelOne to acquire PingSafe
SentinelOne to Acquire PingSafe SentinelOne, a leading cybersecurity company, has recently announced its intent to acquire PingSafe, a cutting-edge threat intelligence and digital forensics organization. This strategic move marks yet another significant development in the ever-evolving landscape of cybersecurity. PingSafe, known for its innovative approach in leveraging artificial intelligence and machine learning to detect and…
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Blackstone signs agreement to acquire Sony Payment Services
Blackstone, the renowned investment firm, has officially signed an agreement to acquire Sony Payment Services, a subsidiary of Sony Corporation. This acquisition marks a significant milestone for Blackstone, signaling their continuous expansion and diversification within the technology and financial services sector. The deal, valued at an estimated $300 million, solidifies Blackstone’s commitment to strategically invest…