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Monday, July 4, 2022
Tags Acquisition

Tag: acquisition

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.

Yandex agrees to Tinkoff bank acquisition for $5.5bn

Yandex is Russia’s biggest tech company and now it is set to buy the challenger bank called Tinkoff for $5.5 billion.

Railsbank is set to buy Wirecard UK

The now infamous payments processor Wirecard has confirmed the intention to sell its UK arm to Railsbank.
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Starling Bank launched Fantasy Football game for the UEFA Women’s EURO of women’s football

Starling Bank is the national banking partner of Uefa Women’s Euro 2022 and now it is leveraging its financial heft to boost engagement by launching the first Fantasy Football game not designed for a men’s tournament.

Revolut has joined the buy now pay later market

Revolut is piloting a new 'buy now, pay later' service in Ireland beginning this week.

Klarna in conflict with Barclays over ‘Irresponsible’ Buy-Now-Pay-Later research

Klarna’s UK executive Alex Marsh has hit out at Barclays for publishing what he called “mind-boggling” and “irresponsible”.

Starling Bank has hit 3m account milestone

Starling Bank has passed the three million current account milestone, which “includes more than 460,000 small business accounts,” according to a recent update.