United Fintech Acquires Trade Ledger

Airwallex Acquires Leapfin

June 4, 2026

Payments & Fintech

Airwallex announced its acquisition of Leapfin, a financial data automation platform focused on revenue recognition and reconciliation. The deal is intended to integrate Leapfin’s technology and AI agents into Airwallex’s platform to help customers close the financial lifecycle from payment acceptance through record-to-report.

Collective Acquires Open Ledger

April 28, 2026

Cloud & SaaS

Collective has agreed to acquire Open Ledger, an embedded accounting startup that provides AI-native ledger/API infrastructure for automated bookkeeping. The acquisition is intended to deepen Collective’s ability to automate the “financial back office” for solopreneurs by owning the core ledger layer and integrating it into its all-in-one formation, bookkeeping, payroll, and tax stack.

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 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.

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.

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.