M&A
Bank Australia has finalised its acquisition of Australian Unity Bank, highlighting the growing momentum in Australia’s mergers and acquisitions (M&A) market. The Victoria-based mutual bank first announced its intention to…
Iran’s Ayandeh Bank has declared bankruptcy after the private lender accrued over $5 billion in losses and was plagued by unrepaid internal loans. The Central Bank of Iran has mandated…
Sydbank, Arbejdernes Landsbank, and Vestjysk Bank have agreed to merge into a single entity named AL Sydbank, aiming to become one of Denmark’s five largest banks with strengthened local presence…
Italian banking group UniCredit has entered a binding agreement to acquire the entire share capital of core banking software platform Vodeno and Belgian challenger Aion Bank for a combined €370…
Amsterdam-based payment service provider MultiSafepay has become a wholly-owned subsidiary of Ant International, integrating with its merchant payment service business Antom, to offer secure and accessible payment solutions to small…
Corlytics, a global firm providing regulatory intelligence and policy compliance technology, has acquired a digital regtech platform from Deloitte UK. With the acquisition, Corlytics aims to further its own capabilities…
Global private equity firm Advent International has agreed to take Canadian fintech firm Nuvei private in an all-cash deal that values the firm at approximately $6.3 billion. The agreement has…
Bulgarian embedded finance company Paynetics has acquired UK challenger Novus, which describes itself as the country’s first “impact neobank”. Founded in 2020 and based in Liverpool, Novus claims to the…
Capital One has entered a definitive agreement to acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion. Under the terms of the agreement, Discover shareholders will receive…
European private equity firm Nordic Capital has signed an agreement to acquire a majority share in Zafin, a Canada-based banking software provider, for an undisclosed sum. The investment has been…