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Fiserv Strikes Deal to Acquire Brazilian Fintech Money Money

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Source: Fiserv Fiserv , the US-based payments and financial-technology group, has signed a definitive agreement to purchase Money Money Serviços Financeiros , a São Paulo fintech that finances small and medium-sized businesse s (SMBs) through Brazil’ s central-bank receivables registry. Terms were not disclosed, and the transaction is expected to close in the second quarter of 2025, subject to regulatory approval. Brazilian push builds on Clover launch The acquisition is designed to accelerate the roll-out of Fiserv’s Clover point-of-sale ecosystem in Latin America’s largest economy. By folding Money Money’s lending engine into Clover, Fiserv aims to offer Brazilian merchants an integrated package of payments, business-management tools and working-capital advances, a combination it believes will strengthen merchant loyalty and open new revenue streams. Fiserv only introduced Clover in Brazil in December, making the country the thirteenth market for its cloud-base...

NFT Marketplace Magic Aden Acquires Crypto Trading App Slingshot

Magic Eden, one of the largest cross-chain non-fungible token market platforms, has acquired Slingshot, a renowned crypto trading app offering the easiest way to buy and sell crypto and meme coins, to allow its users to trade crypto assets across all blockchain networks. Slingshot is one of the first chain abstracted trading apps that offers one universal balance. In this article, we shall look at app acquisition in depth. We just acquired @SlingshotCrypto! 8M+ tokens. Every chain (Bitcoin soon). No bridges. No CEXs. This is another major step towards our vision of providing the best platform to trade all assets, on all chains. Oh, and Emmy likes green. pic.twitter.com/QmALplzSzB — Magic Eden 🪄 (@MagicEden) April 9, 2025 Magic Eden Acquires Slingshot Crypto Trading App In an April 10 press release, the Magic Eden team confirmed the acquisition of Slingshot, one of the fastest cross-chain trading apps to buy and sell crypto. Magic Eden NFT marketplace anticipates le...

Monex acquires 3iQ majority for crypto-asset integration

Japanese financial group Monex is set to acquire a major ity stake in Canadian digital asset manager 3iQ. The acquisition continues a trend of major crypto exchanges venturing into asset management. Monex, which owns TradeStation in the U.S. and acquired Coincheck in 2018, has not disclosed the deal’s financial details. We have some relevant M&A news north of the border. Canadian crypto ETF provider — @3iq_corp selling a major ity stake to Monex Group https://t.co/FnkWKw1rKx — James Seyffart (@JSeyff) December 28, 2023 You might also like: Cathie Wood hints at spot Bitcoin ETF approval date 3iQ gained prominence for its Bitcoin ETF listed in Canada, being among the first to introduce such a fund in 2020. Despite reaching $755 million in assets shortly after launch, it has since settled at around $100 million. 3iQ broke new ground by integrating staking capabilities within an Ethereum ETF, showcasing innovation in digital asset management. In 2022...

WonderFi acquires Bitvo, expanding its hold on the Canadian crypto market

WonderFi, through its subsidiary Bitbuy, has strategically acquired Bitvo.com, significantly increasing its share in Canada’s regulated crypto currency exchanges and altering the competitive landscape. WonderFi, through its subsidiary Bitbuy, has acquired Bitvo.com, marking a considerable expansion in the Canadian digital asset market . This acquisition brings WonderFi’s control to nearly half of all regulated exchanges in Canada, a notable shift in the market landscape. .@WonderFi-owned @bitbuy has acquired the customers of fellow regulated Canadian # crypto exchange @BitvoCrypto. $WNDR #YYCtech #CDNtech https://t.co/n9FrkvsWOc — BetaKit (@BetaKit) November 15, 2023 By integrating Bitvo, which includes over 17,000 customer accounts and a trading volume exceeding $235 million last year, WonderFi significantly bolsters its market presence. This move not only increases the company’s scale but also diversifies its client base, with Bitvo having a strong inst...