Exits

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.
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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.

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.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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