LONDON: Lloyds Banking Group is today announced the acquisition of Curve, a London based fintech operating an innovative digital wallet platform. The acquisition of Curve is a strategic move to broaden and accelerate Lloyds Banking Group’s digital transformation. Curve operates a pioneering digital wallet platform that brings all cards and alternative payment sources into one…
SAN FRANCISCO: Modern Treasury, a U.S.-based payments infrastructure provider, said on Wednesday it has acquired Beam, a stablecoin and fiat payment platform, in a move aimed at expanding its capabilities across traditional and blockchain-based settlement systems. The deal brings Beam’s technology and team under Modern Treasury’s umbrella, enabling the company to offer real-time payments via…
SAN FRANCISCO: Airwallex, a global financial technology firm, said Wednesday it has acquired OpenPay, a San Francisco-based billing platform specializing in subscription management, payment orchestration and revenue analytics. The acquisition aims to integrate OpenPay’s capabilities into Airwallex’s global infrastructure, enabling businesses to automate and scale recurring revenue across borders. Financial terms of the deal were…
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…
NEW YORK: Fundwell, a leading fintech platform for business financing, announced Thursday it has acquired EveryStreet, an innovator in accounts receivable and payable technology. The acquisition brings EveryStreet’s founders and team into the Fundwell organization, expanding its platform to provide businesses with more comprehensive tools for managing cash flow. The deal, which closed on Aug….
LONDON: Vault Ventures Plc (AQSE: VULT), a UK-based blockchain and fintech technology developer, announced it has signed non-binding heads of terms for the proposed acquisition of Kingbridge Capital Ltd. Under the proposed all-share deal, Kingbridge will be acquired at 0.0225p per share—a 50% premium to Vault’s closing bid price of 0.015p on July 29—valuing the…
SYDNEY: Codeifai Ltd. (ASX: CDE), a leading provider of AI-powered digital brand solutions, announced Monday it has entered into a binding agreement to acquire the QuantumAI Secure platform from Canadian fintech firm Credissential Inc. as part of a bold expansion into post-quantum security and encrypted digital infrastructure. The acquisition, expected to close August 29 pending…
LONDON, UK: The board of Thalassa Holdings announced its maiden FinTech investment in line with its stated investment policy. The company’s wholly owned Swiss subsidiary, Apeiron Holdings A.G. has exchanged a contract, which is expected to complete by the end of September 2019, for the acquisition of id4 A.G., a RegTech company registered in the…