Vipera acquires SoftTelecom for $1.5m

Vipera acquires SoftTelecoms

Mobile financial services company Vipera is acquiring SoftTelecom. The deal is expected to close for $1.5 million (€1.3 million).

3SI Security Systems’ European business acquired by Cennox

Equiniti and Nostrum agree M&A

UK-based banking software specialist Cennox has completed the acquisition of 3SI Security System’s European division.

Banking tech consultant and integrator Sofgen to be absorbed into Tech Mahindra


Sofgen, a Switzerland-based IT consultant and integrator in the financial services and banking space, is undergoing major organisational restructuring. As a result, it will be completely absorbed into its parent, Tech Mahindra, Banking Technology understands.

Paysafe to acquire Merchants’ Choice, considers $3.7bn buyout bid


It’s hard to say which is more compelling. Paysafe Group plc announced plans to acquire Merchants’ Choice Payment Solutions (MCPS) for $470 million while also considering its own buyout bid from Blackstone and CVC Capital Partners.

Ingenico buys payments firm Bambora for €1.5bn


In payments, the big guys just keep getting bigger and more diversified. Paris-based Ingenico Group has announced its €1.5 billion ($1.74 billion) purchase of Stockholm-based payments company Bambora from Nordic Capital.

Top fintech stories this week – 7 July 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Vantiv and Worldpay agree on key points of potential merger

Vantiv and Worldpay to merge

Vantiv, a US-based payment processing and technology provider, and Worldpay, its counterpart in the UK, have reached “an agreement in principle on the key terms of a potential merger”.

Simcorp acquires investment and portfolio management tech vendor APL Italiana for €35m

Simcorp signs large deal with SEB

SimCorp has acquired a fellow wealthtech vendor, APL Italiana, for €35 million. APL Italiana specialises investment and portfolio management software for the Italian insurance market.

Top fintech stories this week – 16 June 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Misys and D+H merge to launch fintech titan Finastra

finastra 1

Misys and DH Corporation (D+H) have joined forces to create Finastra, the third largest financial services technology company in the world. As reported in March, D+H was acquired by Vista Equity Partners for $3.6 billion. The venture capital firm, which owns UK-based banking software vendor Misys, beat rival Advent International to acquire D+H. Finastra will […]