Conga acquires web-based document creation platform Octiv

Conga, a document automation developer, has acquired web-based document platform Octiv.

SIX increases stake in Swiss Euro Clearing Bank to 100%

Switzerland-based financial services technology provider SIX has acquired the remaining stake of German-based Swiss Euro Clearing Bank (SECB).

VC-backed DataStax prepares IPO, enlists banks for underwriting – report

Venture capital-backed DataStax is reportedly preparing an initial public offering this year, that could value the data management platform at more than $1bn.

Private equity firm Tailwind Capital acquires risk management platform Ventiv

Mid-market private equity firm Tailwind Capital has acquired Ventiv Technology, a global software provider of integrated risk management solutions.

Sedgwick acquires SaaS developer to boost insurance restoration contracting services

Sedgwick, a technology-enabled risk, benefits and integrated business solutions, has acquired SaaS solution developer G&E Enterprises for an undisclosed amount.

Mastercard to acquire open banking FinTech Finicity in $825m deal

North American FinTech Finicity is being sold to Mastercard in a $825m deal, with the payments giant planning to leverage the acquisition to further its push into open banking.

Root launches its IPO with shares priced at $27 each

Root, the parent company of digital car insurance platform Root Insurance, launched its initial public offering and its shares exceeded expectations.

Ant Financial buys US remittance firm MoneyGram for $880m

Chinese FinTech giant Ant Financial is acquiring US money transfer service MoneyGram in an $880m deal. Ant Financials’ core product is payments service Alipay.

Milestone Partners sells eCommission to Lightyear Capital

Milestone Partners has sold PropTech platform eCommission to Lightyear Capital.

LenderLive Services acquires reQuire from L2 Capital Partners

LenderLive Services has acquired mortgage loan underwriting and due diligence technology developer reQuire from private equity firm L2 Capital Partners.

News Stories

FinTech-focused venture firm QED Investors closes fund on $1.05bn

Global FinTech-focused venture capital firm QED Investors has closed its seventh fund on $1.05bn, as it eyes opportunities in US, UK, Latin America and Southeast Asia.

Grow Credit secures $106.3m in seed round made of debt and equity

Grow Credit, which hopes to bolster financial inclusion, has netted $106.3m in its seed round, which comprised of debt and equity.

Kolide raises $17m in round led by OpenView Partners

Endpoint security platform Kolide has picked up $17m in its Series B funding round, which was led by Boston-based venture firm OpenView Partners.

Form3 raises $160m in its Series C round

Form3, a payment technology developer, has closed its Series C round on $160m, which will aid its geographical growth.

Foxquilt bags funding to bolster growth in US and Canada

North American InsurTech company Foxquilt has bagged $8m in a funding round that will support its expansion across the US and Canada.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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