Taiwan’s Taichung Commercial Bank to acquire American Continental for $82m
The transaction is expected to close in the first quarter of 2023, subject to regulatory approvals.
The transaction is expected to close in the first quarter of 2023, subject to regulatory approvals.
Cover story: INVESTING IN THE FUTURE – Putting money in the right places.
Rapid Finance says Thrive “represents a significant addition” to the company.
The acquisition deal was originally announced back in August 2021.
OPP founder and CEO between them own the remaining 60% of the company.
Societe Generale aims to broaden payment offerings for European merchants through the acquisition.
Mollart is currently deputy CEO at the bank, having joined through the acquisition of Oplo.
Voyager Digital filed for bankruptcy protection back in July.
The deal, set to close in Q1 2023, will see Billtrust become a private company.
Capita says the deal will help lower the firm’s debt and provide additional liquidity.
The acquisition, for an undisclosed sum, is expected to close by the end of Q3.
Banc of California paid $24 million for the acquisition, with 70% in cash and 30% in stock.
NCR says the split will “unlock value” for the company’s shareholders.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The company expects its products to go live in Brazil in the first half of 2023.
Interactive Transaction Solutions (ITS) is a business-to-business (B2B) payment gateway.
Nexus’ procure-to-pay solution, customers and suppliers will join Bottomline’s Paymode-X B2B payments network.
Once the acquisition is complete, Renovite will become part of JP Morgan Payments.
Aurora CEO Brian Goudie says the deal “adds significant value” to his firm.
The firm has also announced a new chief revenue officer, chief people officer and chief of staff.
The acquisition will equip FNZ with additional wealth management product and service solutions.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The move forms part of Contour’s plans to launch a digital open account trade finance offering.
Both deals are expected to close in H1 2023.
Wealthfront CEO David Fortunato says the pair are “continuing to explore ways to work together”.
Together, the firms also have plans to expand into new markets such as India and Singapore.
The founders and employees of both companies will be joining Huspy.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Viamo provides peer-to-peer (P2P) and business payment services in Slovakia.
The deal includes the AlphaKeys Funds platform, which represents more than $7 billion in client assets.
Paynas provides employee management and payment services to MSMEs.
As Feinstein retires, Brandon Williamson has been appointed regional managing director for acquiring in South Africa.
The deal is expected to close in Q4 2022.
Truist identified the Arena platform as “an investment that will help us deliver better financial experiences”.
With the acquisition, Celero says it will serve 53,000+ merchants in the US, processing $21bn in annual card volume.
MVB Financial is aiming to grow its government guaranteed lending business.
The deal values Covalto at $547 million and will see the firm listed on the Nasdaq exchange.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
eToro says the acquisition is a “key step” as it looks to diversify its offering to US users.
The transaction is expected to close in H2 2022 subject to regulatory approvals.