Axway, a Scottsdale, AZ-based company providing API-driven B2B integration and MFT software, completed the acquisition of Sopra Banking Software, a Paris, France-based enterprise software provider that specializes in in banking and financial services.
The completion of Axway’s acquisition of Sopra Banking Software has received the approval of the relevant regulatory authorities and the integration of the two entities is beginning. The latter part of 2024 and into 2025 will be instrumental in the ramp-up of the new Group and will enable the expected cost optimizations to materialize. The Group will be headed by Patrick Donovan, as CEO, and Eric Bierry, who will take on the role of Deputy CEO.
With the acquisition, Axway will expand its offerings.
Axway provides API-driven B2B integration and MFT software that complements Axway Amplify, an open API management platform that makes APIs easy to discover and reuse across multiple teams, vendors, and cloud environments. It has helped over 11,000 businesses improving the full value of their existing digital ecosystems to create experiences, innovate new services, and reach new markets.
Sopra Banking Software is a global financial technology company that partner with more than 1,500 financial institutions and large-scale lenders in 80 countries worldwide. Its cloud platform offers clients a composable architecture to digitize operations, ranging from banking, lending, compliance, to payments, and consumer and asset finance.
FinSMEs
03/09/2024