acquisitions

Blockchain Company Valereum Buys Majority of Gibraltar Stock Exchange, Pending Regulator OK
Blockchain Company Valereum Buys Majority of Gibraltar Stock Exchange, Pending Regulator OK
January 30, 2022  |  Acquisitions

Valereum, a blockchain firm, has bought 90% of the Gibraltar Stock Exchange (GSX) group, as it tries to build a fully-regulated, integrated fiat and digital...

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EU Conditionally Approves Facebook Parent’s Buy of Kustomer
EU Conditionally Approves Facebook Parent’s Buy of Kustomer
January 28, 2022  |  Acquisitions

The chief regulator of the EU has approved Meta Platforms’ acquisition of Kustomer, a report from Seeking Alpha says, which concludes a saga that was...

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Western Alliance Buys Payments Platform Digital Disbursements
Western Alliance Buys Payments Platform Digital Disbursements
January 27, 2022  |  Partnerships / Acquisitions

Western Alliance Bank has completed its buy of Digital Settlement Technologies, DBA Digital Disbursements, the digital payments platform for the class action legal industry, a...

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Today in FinTech: Marqeta Grows Global Footprint; PingPong Eyes $1B IPO
Today in FinTech: Marqeta Grows Global Footprint; PingPong Eyes $1B IPO
January 27, 2022  |  Digital Banking

In today’s FinTech news, card issuer Marqeta expands its global footprint into Singapore, the Philippines and Thailand, while Chinese eCommerce cross-border payments startup PingPong mulls...

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Till Payments Acquires Payment Processor ZIPS
Till Payments Acquires Payment Processor ZIPS
January 27, 2022  |  Acquisitions

Australian FinTech Till Payments has acquired ZIPS, the payment processing business unit of the hospitality technology platform firm Ziosk. The company announced the deal in...

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Facebook Unloads Crypto Unit Diem to Silvergate Capital for $200M
Facebook Unloads Crypto Unit Diem to Silvergate Capital for $200M
January 27, 2022  |  Facebook

Facebook is unloading its cryptocurrency unit, Diem Association, to Silvergate Capital for an estimated $200 million, The Wall Street Journal (WSJ) reported Thursday (Jan. 27), citing...

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SAP to Secure Majority Stake in Working Capital Firm Taulia
SAP to Secure Majority Stake in Working Capital Firm Taulia
January 27, 2022  |  Partnerships / Acquisitions

Business processes software firm SAP is planning to secure a majority stake in working capital management company Taulia for undisclosed terms, according to a press...

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Switzerland’s UBS Buying Wealthfront for $1.4B
Switzerland’s UBS Buying Wealthfront for $1.4B
January 26, 2022  |  Acquisitions

Swiss Bank UBS will purchase wealth management firm Wealthfront in an all-cash deal the companies say is worth $1.4 billion. As Reuters reported Wednesday (Jan. 26),...

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Paystone Becomes Canada’s Largest Payments Provider With Canadian Payment Services Acquisition
Paystone Becomes Canada’s Largest Payments Provider With Canadian Payment Services Acquisition
January 26, 2022  |  Acquisitions

Payment and software platform Paystone on Wednesday (Jan. 26) announced it has acquired Canada-based merchant services company Canadian Payment Services, the sixth acquisition for Paystone...

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