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Ally Financial has announced the sale of its credit card business to CardWorks, including its wholly-owned subsidiary Merrick Bank.
acquisition, credit card, banks, transactions , regulation
Pomelo Group has announced its acquisition of the Singaporean fintech company Arrow Checkout, bringing talent and additional technology capabilities to its offering.
acquisition, payments , ecommerce, digital payments
Neonomics Group has finalised the acquisition of Ordo, a UK-based provider of Open Banking payment and data services.
acquisition, Open Banking, expansion, financial services
Swiss-based provider of BaaS, Hypothekarbank Lenzburg AG, has acquired a 9.9% stake in Sutor Bank GmbH.
banks, acquisition, BaaS, partnership, banking
Findi, through its subsidiary TSI, has purchased Bankit Services Pvt for USD 18 million to strengthen its presence in India.
online banking, fintech, acquisition, financial services, merchant
Dubai Islamic Bank (DIB) has increased its stake in Türkiye’s TOM Group, a financial services conglomerate, from 20% to 25%.
banks, Islamic banking, financial services, growth markets, acquisition
Global fintech iCapital has acquired Parallel Markets, a business that specialises in reusable financial identification solutions.
acquisition, digital onboarding, financial institutions, identity verification, financial services
Ambienta, a European asset manager focused on environmental sustainability, has announced that its portfolio company Namirial has acquired Digital Technologies – Società Benefit.
acquisition, e-invoicing, transactions , payments , regulation
Ebury, a global financial technology firm has announced its acquisition of ArcaPay, a Lithuania-based provider of B2B cross-border payment solutions.
acquisition, fintech, B2B payments, cross-border payments
Amazon has reached an agreement to acquire the Indian Buy Now, Pay Later (BNPL) startup Axio in a bid to expand its presence in financial services.
acquisition, fintech, BNPL, ecommerce
Financial platform Airwallex has further expanded its global presence by receiving a payment institution licence in Brazil and completing the acquisition of MexPago.
expansion, acquisition, digital payments, online payments, cross-border payments, financial services
Prove, a company specializing in mobile-based identity verification and authentication, has acquired Portabl, a digital identity firm focused on reusable ID verification and interoperability.
identity verification, acquisition, verifiable credentials, mobile banking
Fintech company Intelligent Lending has announced that it acquired TotallyMoney, a UK-based finance app that utilises Open Banking and credit reporting to offer tailored insights, plans, and product recommendations to consumers.
acquisition, Open Banking, financial services, financial inclusion, credit access
AEON Financial Service has received approval from the State Bank of Vietnam (SBV) to acquire the entire stake in Post and Telecommunications Finance (PTF) from SeABank.
acquisition, financial services, banks, transactions , retail
fraud management, fraud prevention, payments , acquisition, money transfer
MoonPay, a provider of cryptocurrency payment solutions, has announced its acquisition of Helio, a crypto payment processor on the Solana network.
cryptocurrency, acquisition, parntership, fintech, payments
UAE-based Mashreq Bank has announced the conclusion of the sale of a majority stake in NeoPay, its digital payments platform, for USD 385 million.
acquisition, online payments, digital payments, payment methods, partnership
Banking Circle, a tech-driven payments bank, has announced that it entered into a definitive agreement to move forward with the acquisition of Australian Settlements Limited (ASL).
acquisition, digital banking, real-time payments, instant settlement, online banking, fintech
Bank Alfalah, a commercial bank in Pakistan, has announced its acquisition of 9.9% equity stake in Jingle Pay, a UAE-based fintech.
cross-border payments, acquisition, partnership, fintech, banks
Global insights and information company TransUnion has announced that it signed a definitive agreement to acquire Monevo, a UK-based credit prequalification and distribution platform.
acquisition, credit access, credit scoring, financial services, financial inclusion