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London-based start-up Vyne, a real-time account-to-account (A2A) payments platform for online businesses has been acquired by Tarabut, the first and largest regulated open banking platform in the MENA region, for an undisclosed sum. This strategic acquisition, which has been approved by both the UK’s Financial Conduct Authority (FCA) and Saudi Central Bank (SAMA), bolsters Tarabut’s…
Bank payment company GoCardless has completed the acquisition of Sentenial Ltd, operating under the Nuapay brand, from EML Payments Limited (ASX: EML). The deal, which was announced in March, will significantly scale GoCardless’ indirect channel proposition and fast-track the rollout of new capabilities that will enable customers to send as well as collect money through GoCardless. Introducing…
Klarna, the AI-powered global payments network and shopping assistant, has acquired Laybuy’s assets in New Zealand, the birthplace of the payments provider, and plans to relaunch the service in the coming weeks. Laybuy, which ceased operations in June, is set to make a reenergized return in New Zealand under Klarna. With Klarna’s extensive expertise and…
Clear Street (“Clear Street”, “the Company”), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, has entered into a definitive agreement to acquire Instinet’s Fox River algorithmic trading business. Fox River provides a comprehensive suite of algorithmic execution solutions in US and Canadian equities. These offerings cater to buy and sell-side firms,…
BitOasis, the Middle East and North Africa’s (MENA) leading virtual assets trading platform announced a successful acquisition by CoinDCX, India’s largest crypto exchange. BitOasis has previously received a strategic investment from CoinDCX in August 2023. The two market leaders joining forces marks a first-of-its-kind, transformative deal in the MENA region. Combined with the company’s newly…
Robinhood Markets, a retail brokerage leader, announced the acquisition of Pluto Capital Inc., a revolutionary investing copilot designed to empower smart retail investors. An artificial intelligence (AI) powered investment research platform delivers real-time data and highly-customized investment strategies based on customer needs and financial goals. With this strategic acquisition, investors can look forward to a…
