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Monday, May 27, 2024
Tags Acquisition

Tag: acquisition

First Citizens Bank Acquires Silicon Valley Bank’s US Business

Silicon Valley Bank (SVB), which was closed by regulators on March 10, has now been taken over by First Citizens Bank.

A Major Acquisition by Neobank N26 is Blown Off

The German neobank N26, which conducts business in Switzerland as well, was looking to buy something that would let its clients trade stocks and index funds.

Danish Lunar Bank plans $146M acquisition of Instabank

Lunar and Norwegian Instabank have entered into a transaction agreement on acquisitions and Instabank's Board of Directors has unanimously decided to recommend the offer of 3.75 per share.

Revolut acquired India’s Arvog Forex

This acquisition seriously strengthened Revolut's foundation in India as the company eyes full-scale digital banking setup.

Revolut announced the acquisition of the ePOS Nobly POS system

Revolut has bought an ePOS system, which will be used in bars, restaurants and other segments of the hospitality industry.

Revolut acquires team from Wanted

Revolut has acquired the team from the talent sourcing marketplace Wanted.

Lunar acquires Swedish Lendify

Danish Lunar Group acquires the Swedish loan and savings platform Lendify to strengthen the private loan business.

JP Morgan and Lloyds set sights on Starling, Times Reports

Major players like JPMorgan Chase & Co. and Lloyds Banking Group Plc have expressed interest in buying the challenger Starling Bank Ltd., the Times reported.

Santander buys part of Wirecard’s assets for about €100 million

Banco Santander has closed an agreement to acquire several specialized technological assets of the bankrupted payment solution provider Wirecard.

Visa’s Plaid takeover faces antitrust scrutiny at the DOJ

The Departement of Justice could sue to block Visa's $5.3 billion acquisition of bank data sharing startup Plaid over competition concerns, the Wall Street Journal reported.
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