Nomba Acquires Licensed Canadian Payments Firm to Power Africa–Canada Trade

Paiday and NumaTrack Merge to Form Nooma (AI-Native Payroll Platform for Canadian Accounting Firms)

May 14, 2026

IT Services

Paiday, a payroll management platform built for Canadian accounting and bookkeeping firms, and NumaTrack, an AI-native payroll infrastructure company, announced they are merging to form Nooma. The new platform consolidates firm-level payroll visibility with AI-native payroll automation and integrations across HR and time management, designed exclusively for accounting professionals managing payroll at scale.

Shift Connect Ltd. Acquires Olympia Currency and Global Payments

March 24, 2026

Payments & Fintech

Shift Connect Ltd., a Canadian foreign exchange and global payments provider, announced it is acquiring Olympia Currency and Global Payments, an Alberta-based international banking and cross-border currency solutions firm. The deal is subject to Bank of Canada approval and customary closing conditions, with completion anticipated on or before March 31, 2026.

Mambu Acquires Payment Technology Provider Numeral

December 5, 2024

Payments & Fintech

Mambu, the Amsterdam‑based cloud banking platform, has acquired Paris‑based payments technology provider Numeral. The deal will integrate Numeral’s payments hub and gateway into Mambu’s core banking offering to expand payment capabilities, accelerate product development and support Mambu’s market expansion across banks, fintechs and other enterprise customers.

National Bank of Canada to Acquire Canadian Western Bank

June 11, 2024

Financial Services

National Bank of Canada entered into a definitive agreement to acquire all outstanding common shares of Canadian Western Bank in a share-exchange transaction valuing CWB at approximately $5.0 billion. The deal (exchange ratio 0.450 NB shares per CWB share) expands National Bank's footprint in Western Canada, is expected to close by the end of 2025 subject to shareholder and regulatory approvals, and is supported by an approximately $1.0 billion equity financing including a private placement to CDPQ.

Celero Commerce Acquires TransNational Payments

October 28, 2020

Payments & Fintech

Celero Commerce, a PE-backed vertically focused commerce solutions provider, acquired TransNational Payments, a provider of electronic payments technology and business-management SaaS. The deal expands Celero's merchant and financial-institution footprint—bringing the combined company to roughly 40,000 merchants and more than $14 billion in card volume processed annually—and adds proprietary SaaS capabilities and distribution channels to Celero's platform.

Visa Acquires Fundamo to Expand Mobile Financial Services

June 9, 2011

Payments & Fintech

Visa Inc. acquired Fundamo, a Cape Town–based mobile financial services platform provider, for approximately $110 million in cash. The acquisition adds Fundamo’s mobile money technology and deployments across Africa, Asia and Latin America to Visa’s portfolio to accelerate delivery of mobile payments and branchless banking to under-banked consumers and to expand Visa’s mobile capabilities globally.