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Raisin Bank acquires Bankhaus August Lenz payment division

News | Payments General | 24 Jun 2022

Germany-based fintech Raisin Bank has acquired the payment division of Bankhaus August Lenz.

banks, payments , acquisition, fintech, expansion

Glia acquires Finn AI

News | Online & Mobile Banking | 24 Jun 2022

Glia, a US-based provider of Digital Customer Service (DCS), has acquired Finn AI, an artificial intelligence-powered chatbot platform for banks and credit unions.

fintech, acquisition, artificial intelligence, banks, financial services

eBay acquires NFT marketplace KnownOrigin

News | Cryptocurrencies | 23 Jun 2022

eBay has announced that it is acquiring UK-based NFT marketplace KnownOrigin.

NFT, acquisition, digital assets, ecommerce

SumUp closes EUR 590 mln funding round

News | Payments General | 23 Jun 2022

SumUp, a UK-based company, has closed in on a major round of funding of EUR 590 million (USD 624 million).

funding, acquisition, expansion, financial services, digitalisation

Papaya Global acquires Azimo

News | Online Payments | 22 Jun 2022

Payroll provider company Papaya Global has announced the expansion of its products and services for business customers around the world through the acquisition of digital money transfer platform Azimo.

acquisition, supplier onboarding, merchant onboarding, digital onboarding, SaaS, online payments, instant payments, real-time payments, e-wallet, digital payments, funding

Kofax acquires B2B e-invoicing network Tungsten

News | E-invoicing, SCF & E-procurement | 21 Jun 2022

Intelligent automation software platform Kofax has acquired B2B e-invoicing network Tungsten for an undisclosed amount.

acquisition, e-invoicing, digitalisation, cloud, digital onboarding

Nubank plans scooping up acquisitions

News | Online & Mobile Banking | 21 Jun 2022

Latin America-based digital lender Nubank has planned to scoop up acquisitions at bargain prices, as per Financial Times.

banks, fintech, acquisition, digital banking, credit card

Payment technology company Paya looks at sale opportunities

News | Payments General | 20 Jun 2022

US-based payment technology company Paya has explored a potential sale amid takeover interest.

acquisition, payment processing, Fiserv

Fintech Rewire acquires prepaid card provider Imagen

News | Cards | 20 Jun 2022

Israel-based fintech Rewire has acquired Imagen to provide prepaid debit cards for migrants in Israel.

prepaid card, debit card, acquisition, financial inclusion, MasterCard

Entrust acquires Evidos expanding ID verification solutions

News | Digital Identity, Security & Online Fraud | 17 Jun 2022

US-based security software provider Entrust has acquired Netherlands-based Evidos, a platform for cloud-based electronic signatures and identity verification solutions.

acquisition, online security, digital signature, identity verification, digital identity

MFS Africa raises USD 200 mln in Series C extension funding round

News | Online Payments | 15 Jun 2022

Digital payments network MFS Africa has announced it raised another USD 100 million in equity and debt funding led by Admaius Capital Partners

acquisition, expansion, funding, crowdfunding, cross-border payments, digital payments, online payments

Starling Bank to acquire mortgage book worth GBP 500 mln

News | Payments General | 14 Jun 2022

Starling Bank has agreed to acquire a mortgage book worth about GBP 500 million, as the digital challenger attempts to broaden its assets beyond COVID-19 loans.

banks, COVID-19, acquisition, challenger bank, digital banking

Uala gets final approval for Wilobank acquisition

News | Online & Mobile Banking | 10 Jun 2022

Argentina’s central bank has approved digital banking startup Uala’s acquisition of Wilobank, the final hurdle to a deal that grants the unicorn greater scope in its quest to expand its financial services in Latin America.

fintech, acquisition, banks, digital banking, startup

Ximedes acquires Ginger

News | Online Payments | 08 Jun 2022

Netherlands-based fintech Ximedes has bought online payment platform provider Ginger to consolidate its position in the European fintech space.

acquisition, ecommerce, SaaS, fintech, Open Banking, payment processing

MFS Africa acquires Global Technology Partners

News | Cards | 07 Jun 2022

Africa-based digital payments network MFS Africa has announced it acquired US tech company Global Technology Partners.

acquisition, expansion, mobile money, online payments, credit card, debit card, gig economy

UPS buys Delivery Solutions

News | Ecommerce | 03 Jun 2022

Logistics company UPS has purchased SaaS delivery management company Delivery Solutions to augment its shipping services.

delivery, acquisition, ecommerce, omnichannel, SaaS

DoorDash finalises purchase of Wolt

News | Ecommerce | 03 Jun 2022

US-based delivery company DoorDash has acquired Finnish-based Wolt, bringing Doordash to a total of 27 countries.

DoorDash, delivery, ecommerce, acquisition, expansion

Acquisitions and investments in the payments industry: challenges and opportunities

Voice of the Industry | Online Payments | 03 Jun 2022

Anda tackles the M&As and investments from Q4 2021 to Q1 2022, focusing on challenges and opportunities and what should businesses consider when looking to acquire capital or companies.

payment processing, account-to-account payment, Unicorn, BNPL, acquisition, online payments, payments

Nexi announces acquisition of merchant acquiring businesses

News | Payments General | 02 Jun 2022

Italy-based fintech Nexi has partnered with BPER Banca and Banco di Sardegna by transferring their merchant acquiring ad POS management businesses to Nexi Payments.

banks, Acquirer, acquisition, partnership, POS

StrideOne raises USD 33 mln

News | Payments General | 01 Jun 2022

India-based fintech platform StrideOne has secured USD 33 million in funding to reach more customers and increase its headcount.

startup, funding, fintech, acquisition, lending