What is the future of fintech? (Infographic)
Oh, what we wouldn't do to know the future! Like Biff and the Almanac in Back to the Future, all we need is a guide. Luckily the team over at Pivotl is on hand to give us one for the future of fintech.
M&A
Blenheim Chalcot acquires iJento in customer intelligence push
In a sign of the increasing importance of optimising the value of online and offline customer interactions and understanding multichannel customer analytics, UK venture builder Blenheim Chalcot is snapping up customer journey analytics firm iJento.
Amazon snaps up Emvantage in India payments push
Amazon is renewing intensity on its Indian business with the acquisition of Emvantage Payments. The size of the sum isn’t being released, but Amazon boss and founder Jeff Bezos already put a number on how much he values the region’s potential when he earmarked $2bn for investment in the country back in 2014.
Fintech MA Triples, Poised For Payments Frenzy in 2016
Payments is a massively, confusingly and unsustainably fragmented industry right now. So it’s no surprise that 47 per cent of global fintech M&A deals tracked by Pivotl last year were payments companies getting snapped up.
BBVA invests £45m in Atom Bank, UK’s first digital-only bank
BBVA, Spain's second-largest bank, has invested £45m in Atom Bank, UK's first digital-only financial institution, to become the Durham-based lender's biggest shareholder.
ATM company Diebold has launched $1.8 billion bid to acquire rival Wincor Nixdorf
US ATM manufacturer Diebold is in talks to acquire its European peer, Wincorf Nixdorf, for $1.8 billion in a move that will see the creation of a company that will be the world's largest maker of cash machines, overtaking NCR.
Visa to buy back Visa Europe for €21.2 billion
Following July's story that reported Visa was in serious talks to re-acquire Visa Europe, the payments technology giant has reached a definitive agreement to acquire its former subsidiary for €21.2 billion.
Funding Circle expands into Europe with rival acquisition
The unicorn peer-to-peer lending platform has acquired its European rival, Zencap, in a deal that will see it expand into Germany, Spain and the Netherlands, alongside its existing operations in the UK and US.
Is Diebold about to acquire Wincor Nixdorf for $1.8 billion?
According to multiple news sources, financial self-service manufacturer Diebold is in talks with German ATM maker Wincor Nixdorf over a potential takeover. The deal would value Diebold at nearly $2 billion as it looks to move into the digital payments space.
SpareBank 1 acquires Norwegian assets of mCash
Norwegian financial services group SpareBank 1 has purchased the local assets of mCash, an Oslo-based mobile payments provider that has over 100,000 customers within the Scandinavian country.
