Axway / Sopra Banking Software 2024
Axway acquired Sopra Banking Software on October 23, 2024.
- Target
- Sopra Banking Software
- Acquirer
- Axway
- Announced
- October 23, 2024
- Sub-sector
- Financial Data / Open Banking
Transaction overview
- Axway announced the acquisition of Sopra Banking Software on October 23, 2024.
- The deal is expected to close pending customary conditions.
Strategic rationale
Enhance open banking capabilities and API management platform to support CFPB compliance and accelerate financial services digital transformation.
Deal terms & multiples
Frequently asked questions
When did Axway announce the acquisition of Sopra Banking Software?
Axway announced the acquisition of Sopra Banking Software on October 23, 2024.
What sub-sector is Sopra Banking Software in?
Sopra Banking Software is tracked in the Financial Data / Open Banking sub-sector.
Sources
- tmcnet.com /usubmit/2024/10/23/10093950.htm