PortfoLion Capital-backed Banking Software Company and W.UP completed the merger into Finshape.

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.