Time For SWIFTer Payments (TWIF 8/3)

BitGofiled for a U.S. IPO, joining a wave of crypto firms going public. The crypto custody unicorn is valued at $1.75 billion and has raised ~$170 million.

Global neobank Revolut is consideringacquiring a US bank in order to obtain a license in the country.

SS&C Technologiesentered into a roughly £766 million (≈ US $1.03 billion) deal to acquire Calastone, a global funds‑network platform serving over 4,500 institutions across 57 markets, aiming to build a unified, automated fund operations platform.

TrovataacquiredAtom, an enterprise treasury-management system, and raised $9 million in additional investment from PNC Bank and State Street to bolster its cash and liquidity platform.

Worldlineentered into exclusive negotiations with Magellan Partners to sell its Mobility & e‑Transactional Services (MeTS) and selected financial‑services assets (≈ €450 million turnover in 2024) as part of a pivot after its payments‑unit stock decline.

GTCRagreed to acquire FMG Suite, a leading advisor marketing and communication automation platform serving 50,000+ financial professionals and 3,500+ insurance agencies, from Aurora Capital Partners (deal expected to close in Q3).

Thoma Bravoinvested and reached agreement to purchase a stake in Trading Technologies (TT), a capital‑markets technology provider, partnering with prior owner 7RIDGE to support global expansion (valuation estimated over US $1 billion; closing expected in Q4 2025).

Payrocsigned a definitive agreement to acquire BlueSnap, a payment orchestration and AR‑automation platform, enhancing its global and enterprise payment capabilities; the transaction is expected to close in Q3 2025, subject to approvals.

Euronextsubmitted a voluntary all‑share exchange offer to acquire Hellenic Exchanges – Athens Stock Exchange (ATHEX), valued at €425.9 million (€7.14 per share).

Wipfli LLP is nearing an agreement to sell roughly 40% of its firm to New Mountain Capital, valuing Wipfli at over US $1 billion. The Milwaukee‑based accounting firm plans to use the capital to expand regionally and via acquisitions.

Brookfield and Birch Hill Equity PartnersacquiredFirst National Financial Corp. for C$2.9 billion (~US$2.1B), expanding their presence in the Canadian mortgage market.

iA Financial Corporationannounced the acquisition of RF Capital Group Inc. for about $597 million, gaining over $40 billion in client assets under administration.

Close Brothersagreed to sell its market-making arm, Winterflood Securities, to Marex Group for £103.9 million (~US$140M), refocusing on its core lending business.

International Personal Finance (IPF)is nearing a $655 million takeover by U.S.-based BasePoint Capital, with a 25% premium offer expected to be endorsed by the IPF board.

Intercontinental Exchange (ICE)is in talks to acquire energy analytics firm Enverus for at least $6 billion, strengthening its position in data services.

The U.S. Department of Justice dropped its antitrust case against American Express GBT’s $570 million acquisition of CWT, clearing the way for the merger.

BTG PactualacquiredHSBC’s Uruguay operations for $175 million, marking its expansion into Spanish-speaking Latin America.