PayPal acquires Hyperwallet in $400m cash deal
Digital payments giant PayPal has acquired Hyperwallet, a global payout solution, in a $400m cash deal.
CDPQ acquires stake in FNZ, in a deal valuing the company at £1.65bn
CDPQ has acquired a stake in FNZ, a platform-as-a-service provider for European wealth management firms, in a deal which values the company at £1.65bn.
Retirement software builder Ascensus acquires Beneco for undisclosed amount
Ascensus, which provides retirement savings technology, has acquired Beneco for an undisclosed amount.
Las Vegas-based Shift4 Payments is filing for an IPO
Payments processing company Shift4 Payments has taken steps to go public if market conditions allow it.
Safaricom, Vodacom acquire African payments company M-PESA in joint venture
Kenyan mobile network Safaricom and Vodacom, the South African division of Vodafone, have acquired phone-based money transfer service M-PESA.
Nubank acquires Easyinvest and moves into the investment space
Brazilian challenger bank Nubank has acquired digital investment platform Easynvest for an undisclosed sum as the Latino FinTech decacorn moves into the investment space.
TransUnion to bolster identity capabilities in $3.1bn acquisition
TransUnion, which claims to foster trust between consumers and organisations, has stepped up its efforts around identification verification with $3.1bn acquisition of Neustar.
Versara Lending picks up P2P platform Peerform
Peer-to-peer lending platform Peerform is being acquired by debt consolidation lender Versara Lending. The terms of the deal are undisclosed.
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.
Flexpoint Ford completes Dash Financial buyout
Private equity firm Flexpoint Ford has completed the buyout of Dash Financial Technologies, an institutional trading technology developer.
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