SoFi Technologies completed the acquisition of Technisys for $1.1bn.

SoFi Technologies, a digital personal finance company, completed the acquisition of Technisys, a developer of digital banking software, for $1.1bn. “Technisys has built an attractive, fast-growth business with a unique and critical strategic technology that all leading financial services companies will need in order to keep pace with digital innovation. The acquisition of Technisys is an essential building block in delivering on our member-centric, digital one-stop-shop experience for SoFi members and our partners through Galileo, our provider of fintech cloud services,” Anthony Noto, SoFi CEO. .