Exits & Deep Reads

NCR Voyix sells its digital banking business for $2.45B (TWIF 8/11)

The Young Routy Céleyran

Hello Fintech Friends,

Please find another week of fintech exits and deep reads below. (👍👎 Have feedback for us? Let us know!)

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📖 Reads of the Week

FT Partners' CEO Monthly FinTech Market Update & Analysis

☯️ Exits

🤝 M&A - Fintech

Private equity firm Veritas Capital acquired the cloud-based digital banking business of software provider NCR Voyix for $2.45 billion in up-front cash.
Payoneer, a provider of cross-border payment services to about 2 million businesses in over 190 countries, with a market cap of $2.5 billion, will acquire Singaporean startup Skuad, a global HR and payroll platform, for $61 million in cash.
Standard Chartered Bank became the fourth bank to invest in United Fintech Group, a rollup vehicle targeting fintech companies for M&A.
Dun & Bradstreet, the US data and analytics provider that collects business data used in many financial identity and KYB tools, is exploring a sale at its $9 billion market valuation.
Canadian payments giant Nuvei announced that it will acquire Brazil's Instituição de Pagamento (DBA Pay2All), a licensed payment institution, in order to offer comprehensive payment services in Brazil.
Vertex, a publicly-listed provider of tax technology solutions, will acquire ecosio, a B2B integration provider specializing in electronic data interchange and e-invoicing, for an up-front $69 million payment with $76 million cash and $35 million share earnout.
ColCap Financial, an Australian non-bank lender, acquired the remaining 20% stake in mortgage lender Molo Tech that it did not previously own.
Flywire, a global payments enablement and software company, acquired Invoiced, a SaaS platform that enables B2B finance teams to automate the order-to-cash process.
Healthcare billing software provider PayMedix acquired healthcare financing platform TempoPay.
Sendsprint, an international payment and remittance startup, acquired Nobel Financial, a global remittance service provider.
Adenia, a private equity firm focused on Africa, sold its equity stake in OMOA Group, a provider of ATM Installation, ATM maintenance and software solutions, as well as processing and card personalization, to SPE Capital, a Tunisian private equity firm focused on the Middle East.