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Fintech SE news is featured from Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee.
Atlanta GA: Fiserv to Buy Metro Atlanta’s First Data in $22B Deal
January 17, 2019
Atlanta GA: Two of the nation’s biggest financial technology companies are combining in a $22 billion merger that could have major ramifications for metro Atlanta. Wisconsin-based Fiserv announced Wednesday it will acquire Sandy Springs-based First Data in an all-stock transaction that will create a behemoth in the world of payments processing.
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Jacksonville FL: VyStar Credit Union to Acquire Citizens State Bank
January 16, 2019
Jacksonville FL: VyStar Credit Union said Monday it agreed to acquire Citizens State Bank, which has four branches in Florida and more than $280 million in assets.
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Miami FL & Atlanta GA: U.S. Bank Subsidiary Acquires B2B Payments Firm CenPOS
January 15, 2019
Miami FL & Atlanta GA: (Atlanta based) Elavon, subsidiary of U.S. Bancorp (U.S. Bank), has acquired (Maimi based) B2B payments software company CenPOS, the firms revealed on Thursday, January 10. Elavon will integrate CenPOS’ B2B payments functionality into its existing global payment solutions
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Charlotte NC: ‘Unicorn’ AvidXchange to Add More than 1,200 Jobs in Charlotte HQ Expansion
January 14, 2019
Charlotte NC: AvidXchange, the fast-growing financial technology firm known as a “unicorn” for its $1 billion-plus valuation by investors, is adding 1,229 jobs at its Charlotte headquarters. The additions will increase the privately held firm’s workforce by a third to 1,800.
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Memphis TN: The Five Star Fintech Summit March 12-13
January 11, 2019
Memphis TN: Subject-matter experts representing leading mortgage and tech companies will discuss the latest advances in financial technology and how these innovations are being implemented to streamline processes, increase transparency, and reduce costs across the financial services sector.
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Atlanta GA: Hong Kong Billionaire One of The First to Invest in Atlanta-based Bakkt
January 10, 2019
Atlanta GA: The digital asset platform Bakkt from the minds at Intercontinental Exchange has finally finished its first funding round at more than $180 million and secured an investment from a well-known billionaire in Hong Kong, Li Ka-Shing.
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