Mastercard and Visa square off to acquire Brazilian fintech Pismo (TWIF 4/2)

Zenus Bank, a Puerto Rican digital bank, acquiredFinancial Urban Exchange, a real-time payments provider for the Caribbean.

Payments hardware builder Ingenico, which is responsible for most of the payments terminals that consumers interact with on a day-to-day basis, acquiredPhos, a software that turns smartphones into merchant payment acceptance hardware.

UK small business-focused payments firm Equals Group acquired Belgian licensed payments institution Oonex for £4.1 million to move into Europe.

Mastercard and Visa are both reportedly looking to acquire Brazilian banking and payments startup Pismo for between $1 and $1.4 billion.

French private equity firm Advent launched a sale process for its biometrics payment portfolio company IDEMIA, expected to be valued between $5.4 and $6.5 billion.

Blackbaud, which provides payment software for nonprofits, rejected a $1.1 billion acquisition offer by private equity firm Clearlake.

New tech consultancy VeUP acquired the product suite of UK fintech company M3 Payments.

Market news and information provider Investing.com announced its acquisition of Streetinsider, which provides breaking news on equities, for $10 million.

United Fintech, a British roll-up of capital markets fintech products, is spinning off its Cobalt business into separate foreign exchange and digital currency businesses.

The shares of Chinese state-owned bank Postal Savings Bank rose after state-owned telco China Mobile announced that it will acquire a stake worth $6.5 billion.

International megabank Standard Chartered agreed to sell its Jordanian and Arab business to Arab Jordan Investment Bank.

Private equity firms Bajaj Finance Ltd. and Cathay Financial Holding Co. are both weighing putting in bids for Commonwealth Bank of Australia’s Indonesian business.