Announced
Completed
Financials
Sources
Tags
Netherlands
financial services
FinTech
Acquisition
Cross Border
Friendly
fintech
Completed
Private
Single Bidder
Majority
Synopsis
Corlytics, a technology solutions provider, completed the acquisition of SparQ, a fintech company, from ING, a banking company. Financial terms were not disclosed. “This acquisition is important – both for the financial services industry and Corlytics. SparQ technologies mean that we can close the regulatory compliance and obligations management loop – in a unified platform to automate, deliver and prove compliance. This deal sets the runway for further strategic acquisitions and is a clear signal of our ambitious program of managed growth,” John Byrne, Corlytics CEO.
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