Ant Financial boosts global reach with HelloPay acquisition
Ant Financial is continuing to make its presence felt outside of the Chinese market with the acquisition of Lazada’s payments arm HelloPay. The financial terms of the deal are undisclosed.
Softbank looks to sell Snapdeal’s FreeCharge for less than 50%
Japanese web giant and investor SoftBank is reportedly in talks to sell Snapdeal-owned mobile wallet FreeCharge for as little as $150m to $200m.
BNP Paribas acquires neo bank Compte-Nickel
BNP Paribas is set to acquire a 95% stake in neo-banking startup Compte-Nickel’s parent company Financière des Paiements Électroniques.
Euronet makes $1bn bid to take MoneyGram from Ant Financial
A bidding war seems on the cards over remittances service MoneyGram as Kansas-based electronic payments firm Euronet Worldwide attempts to swoop in on Ant Financial $880m acquisition.
Vista to buy DH Corp and merge it with Misys
Canadian financial software-provider DH Corp (D+H) is being taken private through an acquisition by private equity group Vista Equity Partners.
JP Morgan Chase buys tech behind failed CurrentC
JP Morgan Chase is ramping up its mobile payments offering through the acquisition of MCX payments technology.
Student banking startup BankMobile sells for $175m
Student-focused challenger bank BankMobile is being sold by its parent company Customers Bank for $175m to Flagship Community Bank.
Kraken gobbles up charting and trading platform Cryptowatch
Digital asset exchange Kraken has acquired charting and trading platform Cryptowatch in an undisclosed deal.
MYOB picks up Paycorp to expand payments power
Accounting software provider MYOB is expanding its payments capabilities with the acquisition of Paycorp for A$48m ($36m).
PayPal expands financial inclusion efforts with TIO buy
PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m.
© FinTech Global © Copyright 2024. All rights reserved.
