Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures, in Imburse, a Zurich, Switzerland-based cloud powered payments-as-a-service enterprise platform that aims to simplify the way businesses around the world access the global payments ecosystem.
The amount of the deal was not disclosed.
Founded in 2018 and led by Oliver Werneyer, CEO, Imburse works with global insurers, banks and other large companies to link outdated legacy systems to the global payments ecosystem through a single connection using application programming interfaces (APIs). The company works with several multinational clients, including Generali Group.
Imburse will join Accenture Ventures’ Project Spotlight — an engagement and investment program aimed at connecting emerging technology startups with the Global 2000 to fill strategic innovation gaps. Through the program, the company will also have access to Accenture’s global innovation network, and the opportunity to co-innovate with Accenture software engineers, system architects and payments experts.
FinSMEs
24/06/2021