Tag : Acquisition

Wazoku Secures $2 Million in Growth Financing From SaaS Capital
B2B News

Wazoku Raises £8.5 Million And Acquires Mindpool

Fintech News Desk
Innovation scale-up Wazoku has closed a series B funding round of £8.5M through investment from Octopus Ventures, along with follow-on from existing investors, including Calculus Capital.  Wazoku works with global enterprises such as NASA, Enel, HSBC, Shell and more to help them innovate at scale. It will use the funding to drive R&D across......
Aquila Enters Latin American Fintech Ecosystem Through Platform Acquisition Of Neosoft
Fintech News

Aquila Enters Latin American Fintech Ecosystem Through Platform Acquisition Of Neosoft

Fintech News Desk
Aquila announced the acquisition of Asesorias Computacionales Neosoft SpA. (“Neosoft”), comprehensive regulatory reporting and compliance management system for banks and financial institutions across Chile and Latin America. Latest Fintech Insights : Goldman Sachs Asset Management and Cleanhill Partners Acquire Majority Stake in EPC Power Corp. Started in 1993 and headquartered......
Amber Group Now Licensed to Operate in Hong Kong With Acquisition of Celera Markets Limited
Digital Payments News

Amber Group Now Licensed to Operate in Hong Kong With Acquisition of Celera Markets Limited

Fintech News Desk
The acquisition enables Amber Group to conduct relevant regulated activities under the auspices of Type 1, 2, 4, 5 and 9 licenses from the Hong Kong Securities and Futures Commission Amber Group, a leading global digital asset platform, announced its acquisition of Celera Markets Limited, a fully licensed financial group......
Inszone Insurance Services Announces the Acquisition of Caleb Insurance and Financial Services
Finance InsurTech News

Inszone Insurance Services Announces the Acquisition of Caleb Insurance and Financial Services

Fintech News Desk
Agency Becomes the 3rd acquisition for Inszone in Texas Inszone Insurance Services, a rapidly growing national provider of benefits, personal, and commercial lines insurance, announced the acquisition of Caleb Insurance and Financial Services, Inc. “Combined with Inszone’s resources, market access and process and procedures, we are excited for the growth......
GreenBox Purchases Sky Financial Securing Estimated $1 Billion Processing Portfolio
Fintech News

GreenBox Purchases Sky Financial Securing Estimated $1 Billion Processing Portfolio

Fintech News Desk
Acquisition Brings Large Processing Volume Portfolio In-House, Enhancing Margins and Creating Additional Revenue Generating Opportunities GreenBox POS, an emerging and rapidly growing Fintech company announced it has entered into and closed on an asset purchase agreement with Sky Financial & Intelligence to purchase a portfolio of merchant accounts for $16 million in cash and 500,000 restricted common shares. The......
Apollo European Principal Finance Completes Real Estate Portfolio Acquisition from ENPAM
Finance News

Apollo European Principal Finance Completes Real Estate Portfolio Acquisition from ENPAM

Fintech News Desk
Apollo announced that European Principal Finance funds managed by its affiliates have completed its previously announced acquisition of a portfolio of real estate assets for €842 million from the Italian pension fund Fondazione Ente Nazionale di Previdenza ed Assistenza dei Medici e degli Odontoiatri (“ENPAM”). The portfolio is comprised of......
Inszone Insurance Services Completes Acquisition of Texstar Insurance Services
InsurTech News

Inszone Insurance Services Completes Acquisition of Texstar Insurance Services

Fintech News Desk
Agency Becomes the 2nd acquisition in the state of Texas for Inszone Inszone Insurance Services, a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced the acquisition of Texstar Insurance Services Inc. “Thank you to our loyal customers. We enjoyed serving each of you and we know......
Principal Expands Direct Lending Business in 2021 With Eight-Fold Increase in Committed Capital
Lending News

Principal Expands Direct Lending Business in 2021 With Eight-Fold Increase in Committed Capital

Fintech News Desk
Principal Global Investors, through its direct lending business, Principal Alternative Credit, closed out 2021 with a more than eight-fold increase in committed capital, advancing its plans to expand its private debt capabilities. Marking the completion of its first full year in the direct lending market, Principal Alternative Credit closed on......
Citi Announces Agreement to Sell Consumer Bank in Indonesia, Malaysia, Thailand and Vietnam to UOB Group
Banking News

Citi Announces Agreement to Sell Consumer Bank in Indonesia, Malaysia, Thailand and Vietnam to UOB Group

Fintech News Desk
Citi Continues to Execute on Global Consumer Bank Strategic Actions Citi announced it has reached agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam. The transaction includes retail banking and credit card businesses but excludes the bank’s institutional businesses in......
Westland Insurance Expands Partnership with Blackstone Credit, Bringing Aggregate Investment to $1.2 Billion
Investment Services News

Westland Insurance Expands Partnership with Blackstone Credit, Bringing Aggregate Investment to $1.2 Billion

Fintech News Desk
Blackstone Credit provides an additional $250 million commitment to support Westland’s growth strategy Westland Insurance Group Ltd., one of the largest and fastest-growing independent property and casualty insurance brokers in Canada and a family-owned company, announced it has expanded its partnership with Blackstone Credit. Building on its initial investment in......
1