Tag: Mergers & Acquisitions/M&A

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Canadian Tire reacquires Scotiabank’s 20% stake in its financial services arm in $650m deal

Financial Transaction: Canadian Tire buys back Scotiabank’s 20% stake in its financial services arm, CTFS, through an all-cash transaction valued at around $650 million...

US business payment platform Bill reportedly closing on $1.95bn deal to acquire Melio

Acquisition Talks: Bill Holdings, a US financial services platform, is in talks to acquire Melio Payments. Deal Value: The potential acquisition is valued at $1.95...

Aussie SME lender Earlypay acquires Timelio’s $40m loan portfolio and assets

Earlypay acquired Timelio's assets and loan portfolio for approximately $3 million. Earlypay adds $40 million to its loan portfolio, including $35 million in...

US fintech Bond.AI snaps up Elastech to bolster cloud and data offerings

Arkansas-based fintech Bond.AI acquires US-based company Elastech. Bond.AI aims to enhance its cloud and data capabilities through the acquisition. Bond.AI plans to expand...

Intuit to merge personal financial management subsidiary Mint into Credit Karma

Mint's Standalone Operations End: Mint, the personal financial management business, will no longer operate independently from January 1, 2024. Mint Merged into Credit...

European Payments Initiative completes acquisitions of iDEAL and Payconiq International

The European Payments Initiative (EPI) has acquired iDEAL, an online payment solution by Dutch payments processor Currence, and Payconiq International (PQI), a Luxembourg-based...