Tag: Mergers & Acquisitions/M&A
MessageBird seeks entry into financial services with call for potential acquisitions
MessageBird's Acquisition Interest:Dutch cloud communication platform MessageBird expresses interest in acquiring licensed payment service providers.
CEO Robert Vis announces the company's focus...
GFT cultivates core banking capabilities with acquisition of Colombia’s Sophos Solutions
GFT Technologies Acquisition:GFT Technologies is set to acquire Sophos Solutions, a Colombian core banking vendor, from Advent International.
The deal is expected...
Société Générale reportedly seeks new buyer for neobank Shine
Shine Sale Consideration:Société Générale is reportedly considering selling Shine, the neobank for freelancers and small businesses.
The French banking giant is actively...
UK fintech ieDigital snaps up AI tech provider Abaka
ieDigital to acquire Abaka for an undisclosed sum
Abaka offers an AI-powered recommendation engine for personalized financial services
Utilizes machine learning and behavioral...
Ally Financial sells POS financing business to Synchrony
Acquisition Announcement: Connecticut-based financial services firm Synchrony to acquire Ally Lending, the point-of-sale financing business of Ally Financial.
Duel Offering Strategy: Synchrony aims to create...
Italy’s Objectway doubles down on North American wealth market with acquisition of Nest Wealth
Acquisition Details:Italian banking software provider Objectway has acquired digital wealth solutions provider Nest Wealth based in Toronto, Canada.
The acquisition amount remains...