LONDON: British venture capital firm B.P. Marsh & Partners Plc (BPM.L) said on Tuesday it has agreed to sell its entire 28.2% stake in Canadian insurer Stewart Specialty Risk Underwriting Ltd. (SSRU) to Ryan Specialty Holdings Inc (RYAN.N) for a cash consideration that could reach up to 62 million Canadian dollars (£33.2 million). The initial…
WINDSOR: SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), a global provider of investment, financial, and healthcare software and software-enabled services, announced robust financial results for the third quarter ended September 30, 2025, highlighting significant revenue growth and a sharp increase in operating cash flow. The company reported a 7.0 percent growth in both GAAP and Adjusted…
BRUSSELS: Belgium’s KBC Group (KBC.BR) has agreed to buy the Czech and Slovak units of Business Lease Group from Dutch rival AutoBinck Group (BINCK.AS) for 72 million euros ($77 million), the companies said on Thursday, in a move to significantly bolster its leasing operations in Central Europe. According to a stock filing, the acquisition is…
LONDON: Shawbrook Group plc, the high-growth, high-return UK digital banking platform, announces that it is considering an initial public offering (IPO) for admission of its ordinary shares to the equity shares category of the Official List of the FCA and to trading on the Main Market of London Stock Exchange plc. Shawbrook highlights • Shawbrook…
LONDON: CMC Markets Stockbroking has been selected as the preferred vendor to extend its long-term technology and platform partnership with Westpac Banking Corporation (WBC.ASX), one of Australia’s largest financial institutions. The agreement covers Westpac’s online share trading services, Westpac Share Trading (WST) and St.George Directshares (DS), and will see CMC provide white-label web and mobile…
MELBOURNE: Australia’s Computershare Limited (CPU.AX) said on Thursday it has agreed to sell its UK Mortgage Services business to credit management firm Pepper Advantage, as part of a strategy to simplify its operations and improve earnings quality. The share registry giant expects the transaction to close in the third quarter of its 2026 fiscal year, pending…
LONDON: Oberon Investments Ltd, a boutique wealth management and corporate broking firm, said on Monday it has agreed to acquire the wealth management division of WH Ireland Ltd for £1 million in cash. The deal, structured as a conditional asset purchase agreement, is expected to transfer approximately £850 million in client assets under administration to…
SYDNEY: Australian fintech firm Stakk Ltd. (ASX: SKK) has secured a two-year master services agreement with Robinhood Markets Inc. (NASDAQ: HOOD) to provide embedded finance solutions for the U.S. trading platform’s new banking initiative. Under the agreement, Stakk will deliver image capture, authentication, and transaction processing capabilities to support Robinhood Banking™, a premium offering targeting…
For the six months ended June 30, 2025, group revenue rose 18.6% to £42.4 million LONDON: Fintel plc (AIM: FNTL), a leading provider of software and support services to the UK retail financial services sector, reported robust half-year results Tuesday, underscoring its strategic transformation and integration of nine acquisitions. For the six months ended June…
LONDON: Shawbrook Group plc today announced that an agreement has been signed to acquire ThinCats Group Limited, a leading specialist lender with a strong track record in providing bespoke funding to established, growth-focused SMEs. The acquisition of ThinCats represents a strategic investment in accelerating the growth of Shawbrook’s existing presence in the specialist SME lending…
MINNEAPOLIS: Datasite, a global SaaS provider of AI-powered workflow collaboration and automation solutions for mergers and acquisitions (M&A), investment, and strategic projects, has acquired Blueflame AI, a leading developer of agentic AI solutions for financial services. Terms of the transaction were not disclosed. The acquisition marks a strategic move by Datasite to deepen its capabilities…
LONDON: JTC Plc, the global professional services business, announced the proposed acquisition of Kleinwort Hambros Trust Company (CI) Limited and its subsidiaries (together KHT), which are wholly owned subsidiaries of Union Bancaire Privée, UBP SA (UBP), for total consideration of £20 million, which will be settled in cash. KHT is expert in providing trust and estate…