Windsor Drake
Transaction · Financial Data / Open Banking · 2024

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.

Strategic rationale

Enhance open banking capabilities and API management platform to support CFPB compliance and accelerate financial services digital transformation.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
October 23, 2024
Acquirer
Axway (Strategic)
Sub-sector
Financial Data / Open Banking

Sources

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