Financing

UniCredit has agreed to acquire the entire share capital of Vodeno and Aion Bank in a deal worth approximately €370m. Based in Poland, Vodeno is a fintech company providing banking-as-a-service (BaaS) solution. Aion Bank, on the other hand, is a...

Italian bank UniCredit has inked a binding agreement to acquire Belgian digital native Aion Bank and Banking-as-a-Service (BaaS) provider Vodeno for the sum of approximately €370 million. The Milan-based commercial bank says its purchase brings a “next generation core banking...

Al Ansari Financial Services  has entered into a Sales and Purchase Agreement to acquire 100 percent of BFC Group Holdings W.L.L. (BFCGH). This prominent foreign exchange and remittance group, based in Bahrain, will be purchased for US$200 million (AED735...

Wolters Kluwer Tax & Accounting announces that it has signed an agreement with Belgian fintech company Isabel Group to acquire its accountancy portfolio of cloud-based financial workflow and data exchange solutions for €325 million in cash. CodaBox, ClearFacts, Clearnox, Zoomit,...

Cypriot lender Hellenic Bank has signed an agreement to acquire insurance provider CNP Cyprus, according to an announcement made by the bank. The announcement stated that the consultation between CNP Assurances and its European Works Council has been completed, paving...

Thailand is set to roll out what was initially a controversial $13.8 billion digital cash handout program to stimulate its sluggish economy. Prime Minister Srettha Thavisin announced that eligible businesses and individuals could register for the program, dubbed the...

Hero.io, an innovative AI-powered platform for crypto decision-making, has announced the acquisition of Cryptopay, a crypto payment and wallet service provider. This strategic acquisition brings Hero.io one step closer to becoming a super app, integrating advanced AI search capabilities with a...