Search Results for: business acquisition

In Record Time, QI Tech Announces Its First Acquisition After GIC Investment
Banking Fintech News

In Record Time, QI Tech Announces Its First Acquisition After GIC Investment

Fintech News Desk
by Fintech News Desk0
With the purchase of Zaig, the company now offers onboarding, KYC and antifraud solutions QI Tech, a technology company with banking license and the first Direct Credit Company approved by the Central Bank of Brazil, announces its first acquisition, in record time, after the $50m investment round by Singapore’s Sovereign Wealth Fund (GIC). The......
Bascom Group Ends 2021 with a 200-Unit Las Vegas Acquisition for $40.5 Million
Capital Markets News

Bascom Group Ends 2021 with a 200-Unit Las Vegas Acquisition for $40.5 Million

Fintech News Desk
by Fintech News Desk0
The Bascom Group, LLC has acquired a 1984/1985 built, 200-unit multifamily property in Las Vegas, Nevada. Bascom acquired Sun Chase in an off-market transaction, purchasing the 200-unit garden style property for $40,500,000 or $202,500 per unit. Annie Rice and Jamie Kline with JLL Capital Markets sourced the loan from ACRE Credit.  Apartment Management Consultants will provide property......
Morningstar to Acquire Wealth Management Platform Provider Praemium's UK and International Business
Investments News

Morningstar to Acquire Wealth Management Platform Provider Praemium’s UK and International Business

Fintech News Desk
by Fintech News Desk0
Fast-growing wealth management platform brings advisers choice and efficiency, enabling better advice for investors Morningstar and Praemium Limited have reached an agreement for Morningstar to acquire 100% of Praemium’s operations in the United Kingdom, Jersey, Hong Kong, and Dubai. The consideration for the transaction will comprise cash of £35 million, subject to......
Mastercard to Add to Services Momentum with Acquisition of Dynamic Yield
Finance Fintech News

Mastercard to Add to Services Momentum with Acquisition of Dynamic Yield, McDonald’s Cutting-Edge Personalization Platform

Fintech News Desk
by Fintech News Desk0
McDonald’s Will Continue to Scale and Integrate the Technology to Further Enhance Customer Experience Mastercard and McDonald’s announced an agreement for Mastercard to acquire McDonald’s state-of-the-art personalization platform and decision engine company, Dynamic Yield. Dynamic Yield’s technology is a natural addition to Mastercard’s existing suite of services that help brands......
OFX to Acquire 100% of Canadian Corporate Foreign Exchange Business Firma
Currency Exchange Fintech News

OFX to Acquire 100% of Canadian Corporate Foreign Exchange Business Firma

Fintech News Desk
by Fintech News Desk0
Agreement to acquire 100% of Firma for a total consideration of C$90m (A$98m), representing 9.0x Firma’s last-twelve-months (LTM) EBITDA to 30 September 2021 OFX Group Limited (OFX) announces that it has entered into an agreement to acquire 100% of Firma Foreign Exchange Corporation (Firma) for a total consideration of C$90m......
Galway Holdings Announces Acquisition of Simatree
Analytics News

Galway Holdings Announces Acquisition of Simatree

Fintech News Desk
by Fintech News Desk0
Provides New Level of Consulting and Analytics Capabilities Galway Holdings announced its acquisition of Virginia-based Simatree, a strategic advisory firm specializing in data, analytics, technology consultation and digital transformation. Fast-growing, Simatree has won multiple awards for its innovative and transformational digital and analytics solutions, founded by Patrick McCreesh, Wes Flores and Jay Williams, former NBA......
Visa Completes Acquisition of Currencycloud
Digital Payments Fintech News

Visa Completes Acquisition of Currencycloud

Fintech News Desk
by Fintech News Desk0
Visa announced it has completed the acquisition of Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. The acquisition will empower Visa and Currencycloud clients and partners to provide greater transparency, flexibility and control for consumers and businesses when making international......
Regions Financial to Build on Capital Markets Growth with Acquisition of Clearsight Advisors
Capital Markets News

Regions Financial to Build on Capital Markets Growth with Acquisition of Clearsight Advisors

Fintech News Desk
by Fintech News Desk0
Acquisition to further expand Regions’ specialty capabilities and M&A advisory services Regions Financial Corp., the parent company of Regions Bank, on Friday announced it has entered into a definitive agreement to acquire Clearsight Advisors, Inc., a leading-edge mergers and acquisitions firm serving clients in the technology, professional services, data and information services,......
BMO Financial Group Accelerates North American Growth with Strategic Acquisition of Bank of the West
Banking News

BMO Financial Group Accelerates North American Growth with Strategic Acquisition of Bank of the West

Fintech News Desk
by Fintech News Desk0
Expansion to major new U.S. geographies, including highly attractive California market, a natural next step in BMO’s North American growth strategy BMO Financial Group, and its indirect wholly-owned Chicago-based subsidiary BMO Harris Bank N.A., announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries,......
KKR Expands Real Estate Industrial Portfolio in the Lehigh Valley with a New Acquisition
Investment Services News

KKR Expands Real Estate Industrial Portfolio in the Lehigh Valley with a New Acquisition

Fintech News Desk
by Fintech News Desk0
KKR, a leading global investment firm, announced the acquisition of a two building, approximately 1.5 million square foot, industrial distribution campus in Allentown, Pennsylvania. KKR acquired the industrial campus through its core plus real estate strategy from GLP Capital Partners (GCP). “We believe that state-of-the-art distribution centers in highly infill......
1