Helios Investment Partners-backed Crown Agents Bank acquired Segovia Technology.

Helios Investment Partners-backed Crown Agents Bank, a leading wholesale bank providing, acquired Segovia Technology, a provider of software solutions for payments integration across payment providers. Financial terms were not disclosed. Albert Maasland, CEO of Crown Agents Bank: “We are in a unique position. We are leveraging deep trusted relationships across the developing world and digital technology in order to make a real difference to the clients we serve. Reducing cost and improving cross border payment services for our customers improves financial inclusion and supports economic development. Combining Segovia’s highly talented team and its modern payment gateway technology with our customer franchise and FX and settlement network will help us optimise our B2B offering – a win-win situation for customers of both companies and all our stakeholders.”