Financials

The grant is one of four from Pool C of the £425m Capability and Innovation Fund (CIF), that forms part of a £775 million package administered by Banking Competition Remedies Ltd. Atom, which has already lent in excess of...

Alera Group, a leading national insurance firm announced its acquisition of HighRidge Insurance Services. HighRidge, located in Westlake Village, California, provides employee benefits services to clients throughout the state. With an emphasis in strategy consulting, the firm designs benefit...

Midland States Bancorp has completed its acquisition of HomeStar Financial Group, the parent company of HomeStar Bank and Financial Services. As of March 31, 2019, HomeStar Bank had approximately $381.4 million in assets, $216.6 million in loans and $339.3 million...

UK-based fintech company FNZ has acquired JHC Systems, a provider of software services to the wealth management industry, for an undisclosed amount. Based in London, JHC provides the core technology platform to several UK and Ireland’s wealth managers and platforms...

Digital payments major Visa has acquired Germany-based payment gateway software provider Payworks for an undisclosed sum. Based in Munich, Payworks is a provider of next-generation payment gateway software for the point of sale (POS). The acquisition will allow Visa to offer...

Payment technology firm Mastercard has completed the acquisition of global payments company Transfast for an undisclosed sum. In March this year, Mastercard first signed the agreement to acquire Transfast. Mastercard said that the Transfast’s acquisition would complement its wide range of...

American Financial Group (AFG) has signed an agreement with Atlas Financial Holdings (AFH), under which AFG’s subsidiary National Interstate will become the exclusive underwriter of AFH’s paratransit book of business. American Financial Group expects National Interstate to start issuing policies...