United Fintech to acquire Cobalt.

United Fintech, an end-to-end solution for banking technology, agreed to acquire Cobalt, a fintech company. Financial terms were not disclosed. “It is incredibly exciting to welcome some of the financial industry’s accomplished leaders to the United Fintech family. Cobalt is at the forefront of critical institutional trade infrastructure for foreign exchange and digital assets, leading the field in innovation that empowers banks to keep pace with the ever-evolving capital markets," Christian Frahm, United Fintech Founder and CEO.