Fintech Press Releases

Latest press releases and industry updates in the financial services sector.

Urban FT Announces Strategic Growth Investment with Its Tech Acquisition of iParse

Kimberly from Urban FT, Inc
18 Jul 2017
July 18, 2017 06:00 AM Eastern Daylight Time NEW YORK--(BUSINESS WIRE)--Urban FT, Inc. today announced it has completed the acquisition of iParse LLC, an Oregon-based tech firm and holder of a number of mobile banking-related patents. Terms of the deal between the two privately held companies we...

Sageworks, one of the country’s first Fintech companies, is acquired by Accel-KKR

Hannah Blair Rapp from Sageworks
18 May 2018
Menlo Park, CA, May 18, 2018—Today, Accel-KKR and Sageworks announced the purchase of Sageworks by AKKR, a private equity firm based in Menlo Park, California. The amount of the transaction was not disclosed. Sageworks is the leading provider of financial software and information products to ...

Sovos Acquires U.K.-Based VAT Managed Services Company Accordance

Patrick Christman from ARPR on behalf of Sovos
07 Jul 2020
Global tax software provider Sovos today announced it has acquired Accordance, a U.K.-based value-added tax (VAT) managed services company. Accordance has been a Sovos partner since 2018 and has implemented Sovos VAT Reporting software to provide technology-enabled compliance services to its clie...

Sovos Acquires U.K.-Based VAT Managed Services Company Accordance

Patrick Christman from ARPR on behalf of Sovos
07 Jul 2020
Global tax software provider Sovos today announced it has acquired Accordance, a U.K.-based value-added tax (VAT) managed services company. Accordance has been a Sovos partner since 2018 and has implemented Sovos VAT Reporting software to provide technology-enabled compliance services to its clie...

Fast-growing Scottish fintech HubSolv acquired by Aryza Group

Chris Barry from Influential Agency
21 Jan 2021
A TEAM from Grant Thornton Corporate Finance in Scotland has advised the founders of fast-growing fintech company HubSolv on its sale to Aryza, a leading international software and data services player to the financial services sector. Based in Glasgow, HubSolv was established in 2014, by school...