Deal offers 55% premium to Alpha’s pre-announcement share price LONDON: U.S.-based Corpay, Inc. (NYSE: CPAY) will acquire British financial services firm Alpha Group International (LSE: ALPH) in a recommended cash deal valued at approximately £1.8 billion ($2.3 billion), the companies announced Thursday. Under the terms, Alpha shareholders will receive 4,250 pence per share—a 55% premium…
LONDON: Honye Financial Services Ltd (LSE: HOYE) announced Wednesday it has agreed to acquire London-based FinTech firm Zoyo Capital Limited in a share-based deal valued at £26 million. Under conditional agreements, Honye will acquire the entire issued share capital of Zoyo. The consideration will be satisfied entirely through the issuance of 113,043,478 new Honye ordinary…
LONDON: Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, announced Thursday its planned acquisition of WealthKernel, a U.K.-based wealthtech firm specializing in digital investment infrastructure and tax-advantaged products. The deal will expand Alpaca’s global reach by integrating WealthKernel’s U.K. and EU-regulated brokerage services. The acquisition enables Alpaca to offer licensed brokerage services in Europe, supporting its…
NEW YORK: Olo Inc. (NYSE: OLO), a leading open SaaS platform for restaurants, announced Friday it has entered into a definitive agreement to be acquired by software investment firm Thoma Bravo in an all-cash transaction valued at approximately $2.0 billion. Under the terms of the agreement, Olo shareholders will receive $10.25 per share in cash,…
LONDON: In order to continue to develop the mortgage business and customer offering, Swedbank acquires the mortgage credit institution Stabelo. Through access to a complementary brand, new technology and new channels for mortgages, the acquisition will help Swedbank reach more customers in the mortgage market. Stabelo is an established actor in the mortgage market that…
LONDON: ADVFN PLC (AFN:JPJ) announced Monday the acquisition of the Capital Markets Group, which includes two major investor engagement platforms: Stockhouse in Canada and HotCopper in Australia. The London-based financial information company said the deal strengthens its position in the small-cap investor space, combining one of the largest retail investor communities in both markets. As…
LONDON: Intuitive Investments Group plc (IIG), a closed-end investment company focused on high-growth opportunities, announced its half-year financial results for the six months ending March 31, 2025, emphasizing progress in its key asset, Hui10, a leader in China’s digital lottery transformation. Chairman Optimistic on Growth Sir Nigel Rudd, IIG’s chairman, said the company’s primary driver of…
Fintech has been reshaping the world of finance for a while, but the impact it’s had on investor behavior is undeniable. Not too long ago, managing investments was reserved for seasoned professionals, requiring a deep understanding of the market, lots of time, and a hefty amount of money. Now, thanks to the rise of fintech…
In a recent business update following the announcement on February 29, 2024, Supply@ME Capital plc (SYME), a pioneering fintech company, has reported significant progress in its Inventory Monetisation© (IM) solutions. These solutions are designed to enhance cash flow for manufacturing and trading companies through a cutting-edge fintech platform. White-label IM Business Line Progressing SYME, in…
CapitalBox, a business unit of Multitude SE, a leading European FinTech company, has announced the acquisition of Omniveta Finance, a Danish invoice purchasing company, effective from 1st March 2024. The deal will enhance CapitalBox’s alternative finance solutions for small and medium-sized enterprises (SMEs) in Denmark and other European markets. Omniveta, founded in 2012, provides invoice…
Ubirider, a mobility fintech company, has secured $1.95 million in a seed round co-led by Techtree Investments and Cedrus R&D III. The company’s platform, Ubirider Platform, is a digital mobility-as-a-service (MaaS) solution that connects transport providers, riders and cities, and enables seamless movement of people, information and payments. The funding will be used to grow…
EasyKnock, the first home equity solutions platform in the U.S., announced a $28 million Series D funding round led by Northwestern Mutual Future Ventures, the venture capital arm of Northwestern Mutual. The round also included new and existing investors. The company will use the new capital to enhance its platform, which offers consumers alternative ways…