M&A&Is in Fintech - January
Updated: Jan 17, 2020
New year, new deals. And I have to admit - it kicked off quite heavily! Big players, big number, big names! #Tencent, #Visa, #Google, #PayU, #Apple, #MC... - well, check below by yourself.
Normally I wait till the end of the month however so many things are happening this January that I decide to change the format and update the live post on a daily basis. So far (up to 16th of Jan), this is what happened (scroll down, scroll down, scroll...)
Tencent leads EUR40m round for French mobile payments firm Lydia
Tradeshift closes in on $240m funding
Digital asset startup iStox raises $5 million ahead of live launch
Visa to acquire Plaid for $5.3 billion
Google Pay co-founders raise $13.2m to build neo-banking platform - epiFi
Thai blockchain startup Lightnet raises US$31.2m
PayU nabs controlling stake in PaySense, plans merger with LazyPay
HighRadius raises $125m
SME lending challenger B-North completes £2 million crowd raise
Montagu Private Equity is acquiring RTI Surgical Holdings Inc.'s (Nasdaq: RTIX) OEM business for $490 million
Google has acquired Pointy, which helps traditional retailers compete against Amazon.
ICF (Nasdaq: ICFI) is buying Incentive Technology Group, which offers cloud-based software to the U.S. Federal government, for $255 million
EY has acquired people consulting firm PeopleFirm.
Raisin acquires Choice FS as first step into US deposits market
Macquarie to buy $2.1bn Australian data center firm AirTrunk
NewDay acquires Deko to grow tech revenues
Nets acquires Finnish firms Poplatek and Poplapay
Commerzbank to acquire block of Comdirect shares from Petrus Advisers
Mastercard reveals acquisition of AI-based risk firm RiskRecon
Apple Makes $200M Acquisition In Race For AI Dominance by purchasing the two-year-old Seattle-based AI firm Xnor,
Raisin preps US launch with Choice Financial Solutions acquisition
Australian lender Wisr raises $35 million
Visa splashes the cash again - this time on data security outfit Very Good Security (undisclosed amount, but rather not as a big as $5.3B as on Plaid :))
Autenti (Polish fintech which offers a platform for electronic signing and digital document workflow) raises £3.4M from 3 big PL banks.