Softvision acquires digital transformation company Arrow Digital

Digital transformation software developer Softvision has acquired Arrow Digital for an undisclosed amount.

Ebix buys 80% of Indian payments service ItzCash for $120m

US-based on-demand software and e-commerce services firm Ebix is acquiring Indian payments service ItzCash. The company will pay $120m for an 80% stake of the Essel Group-owned business.

Nordic Capital taps Fund 9 to acquire Macrobond Financial

Nordic Capital has made its fifth investment through Fund IX to buy financial and economic research business Macrobond Financial.

Deluxe Financial Services acquires First Data in $93m deal

Deluxe Financial Services has acquired the remittance processing company First Data in a deal worth $93m.

Ping An said to be eyeing IPO of OneConnect

China-based insurance giant Ping An is reportedly looking to launch an initial public offering for its OneConnect solution at a potential valuation of $8bn. OneConnect...

Silver Lake makes $500m secondaries investment in personal finance platform Credit Karma

Personal finance platform Credit Karma has received a $500m strategic secondaries investment from Silver Lake.

LSE agrees to $27bn deal for Blackstone-backed Refinitiv

London Stock Exchange Group has agreed to buy Refinitiv in a $27bn deal with a Blackstone-led consortium and Thomas Reuters.

Santander becomes majority stakeholder in Ebury after £350m deal

Ebury, a trade and foreign exchange facilitator for small and medium-sized companies, has collected £350m in an investment from Banco Santander.

TIAA buys online lender EverBank $2.5bn

Financial service firm TIAA is acquiring online lender EverBank for $2.5bn, as the firm seeks to build out its banking services.

Digital payments giant PayPal acquires POS developer iZettle in $2.2bn deal

Digital payment giant PayPal has acquired fellow online payments platform iZettle in a deal worth $2.2bn.

News Stories

Barclays executives cleared of fraud charges

Three former Barclays executives accused of misconduct during the 2008 financial crises have been acquitted of funnelling £322m in secret fees to Qatar in return for rescue financing during the credit crisis.

The European Central Bank seeks advice on new payments statistics regulation

The European Central Bank (ECB) has issued a public consultation regarding its new regulation on payments statistics.

The number of FinTech deals under $1m in Sweden has more than halved since...

The Swedish FinTech market has shown signs of maturity between 2015 and 2019, most noticeably in the decreased frequency of deals valued under $1m...

Pakistan hopes to soon be out of FATF’s grey list

Pakistan is hoping to be removed from the Financial Action Task Force’s (FATF) grey list soon after it improved its foreign and internal policies.

Cybercrime is rife in Latin America but is often overlooked study finds

Drug cartels, political corruption, economic struggles and internet censorship are all factors that have contributed to making Latin America a hotbed for cybercrime, according to a new report.