Announced
Synopsis
FASST, a provider of a digital distribution platform for health, employee benefits, and retirement insurance, agreed to acquire Upsideo, a software publishing company specializing in digital solutions for finance and insurance players. Financial terms were not disclosed. "More and more insurance players are diversifying into the wealth management sector. Our shared vision with UPSIDEO is to provide a robust technological response to our banking and insurance clients on the digitalization of their entire product range, while supporting them with our recognized experts on each business vertical for collective, self-employed, and individual social protection or wealth management. We are very happy to welcome all the UPSIDEO teams who have been supporting leading financial institutions for 15 years," Xavier Favre, FASST Chairman.
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