M&A

Vivid Money, a leading European financial platform, has recently expanded its portfolio through the acquisition of the treasury solution from Pile Capital, a prominent provider of treasury and cash management solutions tailored for small businesses.

German digital tax platform Taxfix has announced its acquisition of TaxScouts, a firm known for its accountant-assisted digital tax services.

Chime, a leading financial technology entity renowned for its user-friendly banking app, has officially acquired Salt Labs, a pioneering enterprise technology firm dedicated to enhancing the financial well-being of hourly workers.

Robinhood Markets, a leader in retail brokerage, has recently finalised the acquisition of Pluto Capital Inc., a prominent artificial intelligence research firm.

Lumera, a leading InsurTech company dedicated to the digital transformation of the European life and pensions industry, has entered into an agreement to acquire ITM, as part of its international growth strategy.

Novidea, the creator of the cloud-based, data-driven enterprise insurance management platform, has announced the strategic acquisition of Docomotion, an automated document generation technology provider.

Zurich Insurance Group (Zurich), a global leader in insurance services, has announced an agreement to acquire AIG’s global personal travel insurance and assistance business (AIG Travel) for $600m.

Klarna has announced the sale of its Klarna Checkout unit to a consortium led by Kamjar Hajabdolahi, CEO & Founding Partner at BLQ Invest.

Nesto, Canada’s leading digital mortgage lender, today announced its acquisition of CMLS Group, the third-largest mortgage finance company in Canada. The deal merges two significant entities to craft the future of Canada's mortgage landscape.

Corpay, Inc., a global corporate payments company, has signed a definitive agreement to acquire GPS Capital Markets, LLC. GPS Capital Markets provides business-to-business cross-border and treasury management solutions to upper middle market companies, primarily in the US.