Financing

American Express has agreed to acquire substantially all of Kabbage, a US data and technology company engaged in online lending, for an undisclosed price. The Atlanta-based fintech company caters to small businesses in the US through its cash flow management...

Quadient, a leader in helping businesses create meaningful customer connections through digital and physical channels, announces the acquisition of YayPay, a best-in-class and rapidly growing company at the forefront of SaaS accounts receivable (AR) automation solutions. The acquisition of...

Australian buy now, pay later (BNPL) services provider Zip Co has agreed to acquire its American rival QuadPay, expanding its reach to more than 3.5 million customers and 26,000 merchant partners worldwide. Through the deal, Zip Co aims to create...

Arizona Bank & Trust (AB&T), a subsidiary of Iowa-based Heartland Financial USA, announced that it will acquire certain operations of Johnson Bank in Arizona, from Johnson Financial, for an undisclosed amount. AB&T will acquire certain assets, and assume substantially all...

Texas Capital Bancshares and Independent Bank Group have mutually scrapped their previously announced $5.5bn merger deal owing to the impact of the Covid-19 pandemic on global markets. The Texan bank holding companies also said that the pandemic has a significant...

IHS Markit, a world leader in critical information, analytics and solutions, announced the acquisition of Catena Technologies (Catena), a global regulatory trade reporting firm based in Singapore. “The acquisition of Catena is a logical extension of IHS Markit’s strategy to...

Beeks Financial Cloud Group, a cloud computing and connectivity provider for financial markets, is pleased to announce it has acquired the entire issued share capital of Velocimetrics Limited, a UK-based network monitoring and trade analytics software company , for...