Back
Corporate News
At meeting held on 11 April 2025
Board of Aurionpro Solutions approves acquisition of Fintra Software
11-Apr-2025, 09:30
The Board of Aurionpro Solutions at its meeting held on 11 April 2025 has approved the acquisition of the entire stake in Fintra Software (Fintra), a leading technology company specializing in software solutions for Wholesale Banking, including Trade Finance, Supply Chain Finance, Escrow, and Factoring.
The Board of Aurionpro Solutions at its meeting held on 11 April 2025 has approved the acquisition of the entire stake in Fintra Software (Fintra), a leading technology company specializing in software solutions for Wholesale Banking, including Trade Finance, Supply Chain Finance, Escrow, and Factoring.
The acquisition of Fintra is aimed at delivering an integrated front-to-back solution for cash and trade management. This strategic collaboration will enable seamless operations and enhance the value proposition for corporates banking through Aurionpro's client institutions.
The company will acquire Fintra for a cash consideration not exceeding Rs 23 crore, which includes fixed and performance based consideration.
Powered by Capital Market - Live News