MVB Financial Corp. Takes 37.5% Stake in Warp Speed Holdings LLC

MVB Bank Acquires Majority Interest in Trabian Technology

April 19, 2021

Software

MVB Bank, a subsidiary of MVB Financial Corp., has acquired a majority interest in Trabian Technology, a software development firm that builds digital products and applications for community banks, credit unions, digital banks and fintechs. The deal strengthens MVB's fintech capabilities by adding technology expertise, a new revenue stream and talent while keeping Trabian's leadership and operations in place.

MVB Financial Corp. Acquires Paladin Group

April 17, 2020

Cybersecurity

MVB Financial Corp. (through a wholly-owned subsidiary of MVB Bank) has acquired Paladin, LLC, a fraud prevention and consulting firm. The acquisition strengthens MVB's fintech vertical and expands its fraud-prevention capabilities and services for merchants, credit agencies and fintech clients.

Warburg Pincus to Acquire Majority Stake in Vistaar Finance

October 10, 2022

Financial Services

An affiliate of Warburg Pincus has entered into definitive agreements to acquire a majority stake in Vistaar Finance, a Bengaluru-based NBFC that provides secured loans to micro, small and medium enterprises across India. Exiting shareholders include WestBridge Capital, Elevar Equity, Omidyar Network India and Saama Capital; the deal is subject to regulatory approvals and aims to scale Vistaar's MSME lending franchise.

Warburg Pincus Invests $100M in Matera

July 17, 2024

Cloud & SaaS

Warburg Pincus has made a $100 million growth investment in Matera to fund the Brazilian banking software provider’s expansion into North America and to accelerate product development. Matera, a provider of core banking, instant payments and QR code payment solutions used by more than 250 financial institutions, reported $77 million of revenue in 2023 and has a team of over 1,000 professionals.

Warburg Pincus Invests $125M in LendingPoint

January 14, 2021

Payments & Fintech

Warburg Pincus made a $125 million preferred equity growth investment in LendingPoint to support the company's expansion of financing solutions for ecommerce, point-of-sale, and financial institution partners and to enhance its data and technology platform. LendingPoint, a metro-Atlanta fintech that has originated over $2.5 billion in loans since 2015, will use the proceeds to scale products, data science, and merchant integrations.

Voxtur Acquires Blue Water Financial Technologies

August 12, 2022

Financial Services

Voxtur Analytics Corp.'s U.S. subsidiary executed an agreement to acquire all membership interests of Blue Water Financial Technologies Holding Company, LLC, a SaaS-based mortgage asset valuation and MSR trading platform. The transaction is valued at approximately USD $101 million (USD $30M cash plus share consideration), is expected to be accretive, and is subject to regulatory approvals and customary closing conditions.