10X Investments sold to Old Mutual for R2.2bn (c. $128m)
Artis advised 10X Investments, South Africa’s leading WealthTech platform for passive, long-term tax-wrapped investment products, on its sale to Old Mutual, a pan-African financial services group. The deal brings together 10X’s digital platform and investment manufacturing with Old Mutual’s distribution to accelerate digital investment adoption in South Africa.
Ravelin sold to Worldpay
Artis advised certain shareholders of Ravelin, an AI-native fraud prevention platform, on its acquisition by Worldpay, a global leader in payment processing. The deal enhances Worldpay’s capabilities in fraud detection and risk management.
Freetrade sold to IG Group for £160m
Freetrade pioneered commission free investing in the UK and has evolved to a leader in the self-directed investing space. IG Group (LSE:IGG), a leader in CFD and online trading, acquired Freetrade to increase its product depth and address a larger customer base.
Kamakura Corporation sold to SAS
Strategic acquisition to propel risk technology innovation as financial sector braces for volatility.
M-KOPA secures $75m
Africa’s leading connected asset financing platform attracts fresh capital from leading international investors, including Broadscale and Generation Investment Management.
Baxi acquired by Onafriq
Strategic acquisition by Onafriq to expand its digital payments footprint and enhance financial inclusion across Africa by integrating Baxi's agent network into its ecosystem.
Aava Mobile acquired by Pepperl+Fuchs
Strategic acquisition of the global leader in enterprise-grade POS tablets for retail & hospitality and pioneer in SoftPOS tablet, the next generation of mobile POS and payment terminal.
Harvest Savings & Wealth Technologies sold to Envestnet
Provider of automated goals-based saving tools and wealth solutions to banks, credit unions, trust companies, and other financial institutions.
Tandem £60m capitalization and expansion
One of Europe’s reference digital banks, offering a wide range of savings, credit and lending products to UK consumers.
TPG Growth acquires a stake in Cellulant
TPG Growth signed an agreement to acquire a stake in Cellulant, a leading digital payments provider that reaches 40 million people across 11 African countries. The largest investment ever in an Africa-dedicated fintech group.
$30m capital raise from LLR Partners
Developer of an automated software platform dedicated to removing the complexity of payment disputes.
Pagero secures minority recap by Summa Equity
Leading Nordic provider of cloud based purchase-to-pay, order-to-cash and logistic-to-pay (TMS) software.
Nutmeg secures £42m investment from Convoy and Taipei Fubon Bank
Strategic investment by Hong Kong’s largest listed financial advisory firm, Convoy, and second largest financial services firm, Fubon Financial.
Borro, private placement
Largest US and UK personal asset lender requiring capital to scale internationally.