Turkish fintech company iyzico has finalized its $87 million acquisition of Paynet, securing regulatory approvals in one of the largest technology deals between two local firms, the company said. The acquisition, approved by the Turkish Competition Authority and the Central Bank of the Republic of… Read More
Read more in: Fintech, Global | Tagged acquisiton, iyzico, paynet, turkey
Accenture (NYSE: ACN) has acquired a digital twin technology platform for banks developed by Percipient, a Singapore-based fintech with experience in banking tech transformation. The acquisition enhances Accenture’s banking modernization capabilities, helping financial services clients in Asia Pacific “accelerate the reinvention of their core systems,… Read More
Read more in: Asia, Fintech | Tagged accenture, acquisiton, digital technology, fintech adoption, percipient, singapore
Axoni, a provider of trade workflow applications and real-time data replication technology, announced the sale of its Veris post-trade processing business and related intellectual property to the London Stock Exchange Group (LSEG), a global provider of financial markets data and infrastructure. The transaction remains subject… Read More
Read more in: Fintech, Global, Strategy | Tagged acquisiton, fintech trends, london stock exchange, london stock exchange group, lseg, uk, united kingdom
Betterment at Work recently confirmed the introduction of its Student Loan Management solution, and that it has entered into an agreement to acquire the partner and customer relationships of Gradvisor, a platform that offers “personalized” college savings plans. These two product offerings are meant to… Read More
Read more in: Fintech, General News | Tagged acquisiton, betterment, financial management, loans, savings, students
Nium, a global payments platform, reveals that it has entered a definitive agreement to acquire Wirecard Forex India Pte. Ltd, which serves as a foreign currency exchange, pre-paid card, and remittance service provider for Indian markets. Wirecard Forex has been licensed by the Reserve Bank… Read More
Read more in: Fintech, Asia, Global | Tagged acquisiton, banking, india, nium, payments, prajit nanu, wirecard
Payment processing platform Klarna announced on Wednesday it has acquired Moneymour, a buy now, pay later payments platform based in Italy. Founded in 2017, Moneymour allows customers to buy now, pay later by splitting their purchases into monthly installments based on an instant credit assessment. “The… Read More
Read more in: Fintech | Tagged acquisiton, buy now, italy, klarna, moneymour, pay later
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