Tag: acquisition

Acquisition
November 07, 2022 BY Steffy Bogdanova

PayPoint acquires Appreciate Group in a £83 million deal

He believes that the acquisition will strengthen PayPoint’s digital payments offering. Wiles added: More specifically, the proposed acquisition would jointly target growth in three broad areas: prepayment saving through Park Christmas Savings to support customers with budgeting tools for Christmas and other events; an enlarged full-service offering for gifting, employee rewards and benefits to Appreciate…

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Bankman-Fried jailed ahead of his October trial
September 27, 2022 BY Steffy Bogdanova

Crypto exchange FTX US wins bid to acquire Voyager’s assets

The official announcement stated: FTX US's bid maximizes value and minimizes the remaining duration of the Company's restructuring by providing a clear path forward for the Debtors to consummate a chapter 11 plan and return value to their customers and other creditors. At the end of last March, Voyager has 3.5 million users and 1.19…

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September 12, 2022 BY Steffy Bogdanova

J.P. Morgan signs an agreement to acquire Renovite Technologies

Additionally, Renovite has a presence in India and the UK and has provided services to J.P. Morgan since 2021. Viren Rana, CEO & founder, Renovite, commented: Renovite’s mission is to provide modernized infrastructure in the cloud with the latest technology, agility and in-depth knowledge of the payments landscape. We are very proud of the team…

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August 18, 2022 BY Steffy Bogdanova

eToro announces acquisition of options trading platform Gatsby

Integration of Gatsby Founded in 2018 by Co-CEOs and Co-founders Jeff Myers and Ryan Belanger-Saleh, the commission-free options and stock trading app Gatsby is focused on the younger generation of investors. According to the official announcement, Gatsby’s team will become part of eToro including Davis Gaynes (President and Co-founder), Peter Quinn (Chief Operating Officer and…

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August 01, 2022 BY Steffy Bogdanova

Marex announces acquisition of ED&F Man Capital Markets

Ian Lowitt, CEO of Marex Group, commented: We are delighted to welcome the ED&F Man Capital Markets team to Marex. The business is an excellent fit with our existing capabilities, and I am excited by the opportunity of working across the significantly strengthened and expanded global footprint. Marex is gaining a high-quality global team. Jade…

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Sucden Financial
July 21, 2022 BY Steffy Bogdanova

Sucden Financial acquires Atlantic Trading for STIR Market Making

Marc Bailey, Chief Executive Officer at Sucden Financial, said: We are delighted to have completed this transaction and welcome the team of skilled traders and IT professionals to Sucden Financial. They will add a new interest rates and bonds capability and complement our existing LME and FX options coverage. Under the acquisition deal, four staff…

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Playtech
July 14, 2022 BY Steffy Bogdanova

TTB Partners confirms withdrawal from Playtech acquisition

TTB Partners initially approached Playtech with a possible acquisition offer on behalf of an investor group in February. Although no official bid was made, the final deadline for an official offer was set to 15 July. The tech giant had previously rejected a £2.7 billion takeover offer by Australian gambling equipment maker Aristocrat Leisure. Meanwhile,…

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Finalto
July 11, 2022 BY Steffy Bogdanova

Gopher Investments finalises acquisition of Finalto

Teresa Teague, Director at Gopher, commented: Gopher is delighted to have completed the acquisition of Finalto. We have been impressed by the strength of Finalto’s business and management team and look forward to working closely with the team to accelerate Finalto’s ambition to become the global partner of choice in the financial trading sector. Meanwhile,…

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