Asset Management
Mattioli Woods buys Maven Capital Partners for £100 million
Mattioli Woods has announced plans to buy Maven Capital Partners in a deal worth £100m. The English wealth manager will also acquire Ludlow Wealth Management for around £43.5m
Maven manages around £772m in assets under management across 10 offices in...
News
Glacier Bancorp to acquire Utah-based Altabank for $933.5m
Montana-based commercial bank Glacier Bancorp has agreed to acquire Altabancorp, the holding company of Utah-based Altabank, for an aggregate value of $933.5m.
Under the terms of the merger agreement, Alta shareholders will receive 0.7971 shares of Glacier stock for each...
Financing
CleverCards to Acquire ExpendiaSmart, a provider of Spend Management Solutions and Smart Corporate Cards
CleverCards, a leading global payments platform, announced that it has entered into a definitive agreement to acquire the business of ExpendiaSmart® including the related Italian Licensed Electronic Money Institution, subject to regulatory approval.
ExpendiaSmart® is a provider of spend management solutions,...
Financing
Nuvei to Acquire Simplex, a Payment Solution Provider to the Cryptocurrency Industry
Nuvei Corporation, the global payment technology partner of thriving brands, announced it has entered into a definitive agreement to acquire SimplexCC Ltd., a fintech startup providing the fiat infrastructure to the cryptocurrency industry, for approximately $250 million to be...
News
PayPal Invests Additional $50M in Black and Latinx-Led Venture Capital Funds
PayPal Holdings, Inc. will invest an additional $50m in 11 Black- and Latinx-led early-stage venture capital funds.
The backed funds include Aperture Venture Capital; Collab Capital; Interlace Ventures; Kapor Capital; MaC Venture Capital; Noemis Ventures; Seae Ventures; SV LATAM Capital;...
Cards & Payments
ICICI Bank links UPI ID facility to its Pockets digital wallet
ICICI Bank announced the launch of a unique facility of linking a UPI (Unified Payments Interface) ID to its digital wallet ’Pockets’, marking a departure from the current practice that demands such IDs be linked with a savings bank...
News
Wise Joins Temenos MarketPlace to Bring Fast, Low-Cost International Money Transfers to Banks Worldwide
Temenos , the banking software company, today announced that Wise (formerly TransferWise), the global technology company on a mission to make money work without borders, is now live on Temenos MarketPlace.
The addition of Wise Platform, Wise’s infrastructural solution for...
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