Motive Partners-backed Finantix completed the acquisition of InCube Group.

Motive Partners-backed Finantix, a global FinTech specialist, completed the acquisition of InCube Group, a Swiss AI and data science company dedicated to wealth management and insurance. Financial terms were not disclosed. “We are excited to welcome InCube to the Finantix family, enhancing our AI–based insights and personalisation capabilities. This acquisition is a great fit as we share many values and have a common vision. First and foremost, a relentless focus on the need of our customers to leverage the growing amount of data available and the drive to transform this into actionable business insights. We believe that, by combining InCube’s AI–based products, deep data science experience and domain expertise with Finantix’s comprehensive offering, our customer-base will benefit from an enriched platform ready to accelerate their innovation capabilities in a data–driven era,” Christine Ciriani, Finantix CCO.