acquisitions

Customers Bancorp Reportedly Seeks Potential Co-Investors for Silicon Valley Bank
Customers Bancorp Reportedly Seeks Potential Co-Investors for Silicon Valley Bank
March 24, 2023  |  Acquisitions

Customers Bancorp is reportedly working to put together an offer for Silicon Valley Bank. The Pennsylvania-based bank is exploring such a deal and seeking potential...

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JPMorgan Chase Buys Data Firm Aumni in Bid to Court VCs
JPMorgan Chase Buys Data Firm Aumni in Bid to Court VCs
March 22, 2023  |  Acquisitions

J.P. Morgan Chase is reportedly buying Aumni, a data analytics firm for startup investors. The deal is part of a larger effort by America’s biggest...

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Mastercard Bolsters Cybersecurity With Baffin Bay Purchase
Mastercard Bolsters Cybersecurity With Baffin Bay Purchase
March 20, 2023  |  Mastercard

Mastercard has acquired security firm Baffin Bay Networks to help its business clients fend off cyberattacks. Based in Sweden, Baffin Bay “adds to Mastercard’s multi-layered...

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Motive Partners Reportedly Working to Acquire Payments Tech Platform ACI Worldwide
Motive Partners Reportedly Working to Acquire Payments Tech Platform ACI Worldwide
March 16, 2023  |  Acquisitions

Private equity firm Motive Partners is reportedly working to acquire payments technology platform ACI Worldwide. Motive Partners has been seeking financing for a potential deal...

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T-Mobile Acquiring Mint Mobile Parent Company Ka’ena Corp.
T-Mobile Acquiring Mint Mobile Parent Company Ka’ena Corp.
March 15, 2023  |  Acquisitions

T-Mobile plans to acquire the parent company of Mint Mobile and Ultra Mobile. The purchase of Ka’ena Corporation and its subsidiaries and brands, which include wholesaler Plum along...

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HSBC Pays One Pound to Purchase Silicon Valley Bank UK
HSBC Pays One Pound to Purchase Silicon Valley Bank UK
March 13, 2023  |  Banking

Banking giant HSBC is set to acquire the U.K. arm of failed lender Silicon Valley Bank. HSBC announced the purchase Monday (Mar. 13) morning, saying...

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UK-Based Embedded Finance Platform Railsr Sold to Consortium
UK-Based Embedded Finance Platform Railsr Sold to Consortium
March 09, 2023  |  Acquisitions

Railsr, formerly known as Railsbank, has been sold to a consortium of global investors. The change of control of the embedded finance platform has been...

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Fifth Third Increases Healthcare Focus With Big Data Purchase
Fifth Third Increases Healthcare Focus With Big Data Purchase
March 08, 2023  |  Acquisitions

Fifth Third Bank is expanding its health sector focus by purchasing Big Data Healthcare. The bank announced the deal with the Wisconsin-based healthcare payment and...

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Scalapay Acquires Italian Payment Institution Cabel IP
Scalapay Acquires Italian Payment Institution Cabel IP
March 07, 2023  |  Acquisitions

Buy now, pay later (BNPL) provider Scalapay has acquired Italian payment institution Cabel IP. The acquisition of Cabel IP and its license will allow Scalapay...

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