Asset Management
Mattioli Woods buys Maven Capital Partners for ยฃ100 million
Mattioli Woods has announced plans to buy Maven Capital Partners in a deal worth ยฃ100m. The English wealth manager will also acquire Ludlow Wealth Management for around ยฃ43.5m
Maven manages around ยฃ772m 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,ย announced that it has entered into a definitive agreement to acquire the business of ExpendiaSmartยฎ including the related Italian Licensed Electronic Money Institution, subject to regulatory approval.
ExpendiaSmartยฎ 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 โPocketsโ, 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, Wiseโs infrastructural solution for...
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