United Fintech Acquires Trade Ledger

United Fintech Acquires Cobalt

December 15, 2022

Financial Services

United Fintech has acquired 100% of Cobalt, a provider of shared ledger infrastructure and risk/data services for FX and digital assets, to strengthen its FX and digital-assets trading capabilities. Cobalt will operate as a standalone business under United Fintech, with United Fintech founder Christian Frahm named Chairman while Cobalt's leadership remains in place.

FINVASIA Group Acquires ActTrader Technologies

July 19, 2021

Software

FINVASIA Group has acquired ActTrader Technologies (formerly ActForex), a 20+ year fintech provider of multi-asset trading platforms. ActTrader will operate as a FINVASIA subsidiary with Ilya Sorokin remaining CEO; the acquisition is intended to expand FINVASIA's fintech product capabilities and accelerate development of next-gen blockchain and AI-based trading solutions.

TransUnion Invests in Bud Financial to Expand Open Banking Capabilities

January 31, 2023

Data & Analytics

TransUnion has made a strategic investment in Bud Financial Limited (Bud), a UK-based leader in Open Banking and transaction data intelligence, to jointly develop credit, affordability and fraud solutions. The partnership will combine TransUnion's global data and insights infrastructure with Bud's platform to expand Open Banking offerings and support Bud's international growth.

United Fintech Acquires 25% Stake in Athena Systems

January 12, 2022

Software

United Fintech has acquired a 25% stake in US-founded Athena Systems as the first step in a multi-stage buy-up that will see United Fintech acquire an additional 26% in two years and the remaining 49% in three years. The deal brings Athena's Portfolio Order Management System (Athena Spark) onto United Fintech's platform to scale globally and expand the group's asset-management product offering for banks, asset managers and hedge funds.

WonderFi Technologies Acquires Bitbuy (First Ledger Corp.)

January 4, 2022

Payments & Fintech

WonderFi Technologies Inc. has entered into a definitive agreement to acquire First Ledger Corp., the parent of Bitbuy Technologies Inc., Canada's first approved crypto marketplace, in a transaction valued at approximately CAD $206 million. The deal (70 million WonderFi shares, $20M upfront cash and $30M vendor take-back note) adds over 375,000 users, CAD $455 million in assets under custody and more than 80 employees to WonderFi, expanding its licensed fiat on‑ramp, OTC capabilities and product suite.

Window Acquires Fintech Drift

January 18, 2022

Data & Analytics

Window, an ESG data and risk assessment platform, has acquired Fintech Drift, a publisher focused on how technology is reshaping financial markets. The acquisition will integrate Fintech Drift’s content and audience with Window’s ESG ratings software to expand Window’s content, marketing capabilities, and market footprint among finance professionals.