Windsor Drake
Transaction · Capital Markets Tech · 2020

United Fintech / NetDania 2020

United Fintech acquired NetDania on November 12, 2020.

Target
NetDania
Acquirer
United Fintech
Announced
November 12, 2020
Sub-sector
Capital Markets Tech

Transaction overview

  • United Fintech announced the acquisition of NetDania on November 12, 2020.

Strategic rationale

Acquire capital markets fintech providing market data, APIs and terminals to enable banks' digital transformation and expand portfolio of solutions.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 12, 2020
Acquirer
United Fintech (Strategic)
Sub-sector
Capital Markets Tech

Sources

  • finanznachrichten.de /nachrichten-2020-11/51224068-united-fintech-launches-to-transform-banks-fintechs-in-capital-markets-004.htm

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