CORA Group / Finastra Phoenix 2026
CORA Group acquired Finastra U.S. Mid-Market Banking Business on June 4, 2026.
- Target
- Finastra U.S. Mid-Market Banking Business
- Acquirer
- CORA Group
- Announced
- June 4, 2026
- Sub-sector
- Capital Markets Tech
Transaction overview
- CORA Group announced the acquisition of Finastra U.S. Mid-Market Banking Business on June 4, 2026.
Strategic rationale
Acquire stable, established Phoenix core banking platform serving hundreds of U.S. banks and credit unions with permanent stewardship model.
Deal terms & multiples
Sources
- americanbanker.com /news/finastra-sells-its-phoenix-bank-core-to-cora-group