Japanese banks to the rescue (TWIF 12/8)

eToroselectedGoldman Sachs to lead its U.S. IPO efforts as part of its plan to expand its trading platform operations in the region. The IPO could come as soon as the 2nd quarter. eToro previously attempted to go public via SPAC. It is expected to shoot for a valuation over its last one of $3.5 billion.

Japanese financial conglomerate MUFGacquiredWealthNavi, a roboadvisor, for $664 million, enhancing its digital wealth management capabilities.

British software investor Hg Capital is selling its provider of accounting software Dext to Iris Software for a hefty £500 million.

Japanese bank SBI Holdings may be the knight in shining armor for embattled German BaaS platform Solaris by acquiring additional equity stakes. Solaris is seeking €100 million to stay alive; SBI last led a €96 million funding round in March.

Capitolis, an Israeli core banking provider, acquiredCapitalab, a compression and on business from BGC Group, for $46 million to accelerate its growth in the capital markets ecosystem.

Mexican neobanking fintech Klaracquired the assets of corporate card provider Tribal to offer expanded financial services to SMBs in Mexico, solidifying their shared commitment to the region’s underserved markets .

MambuacquiredNumeral to bolster its core banking and payment solutions, integrating advanced technologies into its portfolio .

PGIM, the fixed incom unit of Prudential, purchased $500 million of consumer loans from buy-now-pay-later provider Affirm.

Deel expanded its European cross-boder payments infrastructure by acquiring UK-based Atlantic Money, aligning with its global growth strategy.

IXOPAY, a payments technology provider, merged with Aperia Compliance, a PCI DSS data validation and risk management provider.

UK-based payments company Sokin acquired Norwegian fintech Settle Group to improve its tech offering for Sokin Pay.

LeaseCrunchmerged with Finagraph to strengthen its financial intelligence for CPA firms .

Bain Capital completed the acquisition of Envestnet, a wealth solutions provider, valuing the business at around $4.5 billion.

BlackRockstruck a $12 billion deal to acquire private credit fund manager HPS, doubling its investments in private markets.

A consortium made an offer to acquire Hong Kong’s ESR Group, which has about $154 billion in assets under management, valuing it at over $7 billion.

AssetMarkcompleted the acquisition of key business assets from Morningstar Wealth, forging a stliance to enhance its wealth management services .

ESR Group, based in Hong Kong, received a $7 billion private buyout offer, setting the stage for a significant pri deal .

UHY, an accounting, tax, consulting and advisory services firm, received a growth investment from Summit Partners.