TSYS agrees to acquire payment terminal developer Cayan

Global payments solution provider TSYS has agreed to acquire payment technology developer Cayan in a deal worth $1.05bn.

PayPal acquires Hyperwallet in $400m cash deal

Digital payments giant PayPal has acquired Hyperwallet, a global payout solution, in a $400m cash deal.

CDPQ acquires stake in FNZ, in a deal valuing the company at £1.65bn

CDPQ has acquired a stake in FNZ, a platform-as-a-service provider for European wealth management firms, in a deal which values the company at £1.65bn.

Retirement software builder Ascensus acquires Beneco for undisclosed amount

Ascensus, which provides retirement savings technology, has acquired Beneco for an undisclosed amount.

Las Vegas-based Shift4 Payments is filing for an IPO

Payments processing company Shift4 Payments has taken steps to go public if market conditions allow it.

Safaricom, Vodacom acquire African payments company M-PESA in joint venture

Kenyan mobile network Safaricom and Vodacom, the South African division of Vodafone, have acquired phone-based money transfer service M-PESA.

Nubank acquires Easyinvest and moves into the investment space

Brazilian challenger bank Nubank has acquired digital investment platform Easynvest for an undisclosed sum as the Latino FinTech decacorn moves into the investment space.

TransUnion to bolster identity capabilities in $3.1bn acquisition

TransUnion, which claims to foster trust between consumers and organisations, has stepped up its efforts around identification verification with $3.1bn acquisition of Neustar.
fintech insurtech wealthtech regtech ai cybertech esg news

Versara Lending picks up P2P platform Peerform

Peer-to-peer lending platform Peerform is being acquired by debt consolidation lender Versara Lending. The terms of the deal are undisclosed.

Ebix buys 80% of Indian payments service ItzCash for $120m

US-based on-demand software and e-commerce services firm Ebix is acquiring Indian payments service ItzCash. The company will pay $120m for an 80% stake of the Essel Group-owned business.

News Stories

BIS

BIS Innovation Hub launches new stablecoin, CBDC programs

The BIS Innovation Hub has unveiled its 2023 work program, which involves projects on areas such as CBDC, DeFi and stablecoins.  
Struggling Brits eager for tailored support during cost-of-living crisis

Struggling Brits eager for tailored support during cost-of-living crisis

The cost-of-living crisis is putting 37 million Brits at risk of financial distress, a report from Tink suggests banks need to offer them some support.
Carbonplace

Group of banks invest $45m in Carbonplace

A group of nine banks have invested $45m into Carbonplace, a global DLT-based carbon credit transaction network.
top 10 deals in Indonesia 2022 chart

Just five deals accounted for 56% of FinTech investment in Indonesia during 2022

Key Indonesian FinTech Statistics in 2022: • Indonesian FinTech companies raised $2.5bn in 2022, a 56% increase from 2021 • Overall, there were 79 FinTech deals...
Temenos emissions reduction targets get validation

Temenos emissions reduction targets get validation

Temenos, an enterprise software developer for banks and financial services, has received validation from Science Based Target initiative (SBTi) for its emissions reduction targets.

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