Announced
Completed
Financials
Sources
Tags
digital banking solutions
Czechia
Hungary
Cross Border
Merger
Majority
Private
Private Equity
Completed
Friendly
Single Bidder
FinTech
Synopsis
PortfoLion Capital-backed Banking Software Company, a company which provides financial institutions' solutions, and W.UP, a digital banking company, completed the merger into Finshape. Financial terms were not disclosed. "One of the main reasons why W.UP and BSC match up well is that our products and knowledge combined will offer banks a one-stop-shop in transforming into truly data- and experience-first businesses," József Nyíri, W.UP CEO.
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