Santander to sell Puerto Rico arm to FirstBank in $1.1bn deal
FirstBank will own all 27 bank branches on the island.
FirstBank will own all 27 bank branches on the island.
Bank aims to create market-leading software using Allfunds expertise.
Sophos houses more than 3,400 staff and a turnover of $710.6 million.
West Virginian bank needed new tech following merger.
Private equity firm could jettison 50% of tech firm
The CMA worries the merger will “result in a substantial lessening of competition”.
Chris Ward, author at Mapa research, dissects the changing definition of ‘partnerships’ in fintech.
Lessons from Africa.
Acquisition of GoPay gives PayPal a way into the Chinese market
HKEX CEO says stock exchange merger will boost UK capital
The funding round was led by Goldman Sachs.
HKEX’s proposal is conditional on LSE abandoning a $27bn acquisition of Refinitiv.
The deal enhances the bank’s digital services for SMEs.
The business aims to make cross-border online shopping seamless for consumers.
Thriving in a hyper-connected world.
It was attracted to Tutuka’s strong presence across 19 emerging markets.
Kabbage is backed by SoftBank and lends up to $250,000.
Chairmans plans to buy 100% of Ipagoo and some assets from its parent software company.
The Aussie credit card company has also purchased an equity interest in QuadPay.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
It is the first fintech in Germany to buy a bank.
The transaction is due to be completed by early Q4 2019.
The deal will bolster Experian’s open data offering in the region.
It will be the first online marketplace to offer savings, investments and pensions.
California-based, Wealthfront, is acquiring financial planning fintech Grove for an undisclosed sum
The deal takes PAI’s network to over 90,000 ATMs.
The project took nine months to complete.
Accenture responds to the evolving risk landscape in financial services.
Seccl wants to help smaller firms “get a shoe in” with big providers.
Saxo intends to initiate the statutory buy-out procedure.
“We are jointly creating an international payment giant.”
Fiserv’s First Data will provide services to its current client merchants until June 2023.
Its third acquisition in a month.
The deal includes debt of $12.2 billion.
Sources say Visa may acquire parts of the Nordic fintech.
The acquisition will boost Moody’s Analytics’ offering.
Trusted Key will bring its blockchain-based, digital identity management technology to Workday.
The two companies will continue to market their solutions separately.
The solution will reduce onboarding time for new clients.
The pairing aims to tilt the playing field for community-based institutions.