SoFi Technologies Acquires Technisys
March 4, 2022
SoFi Technologies, Inc. has completed its acquisition of Technisys S.à.r.l., a cloud-native multi-product core banking platform. The deal will integrate Technisys with SoFi's Galileo business to create an end-to-end, vertically integrated banking technology stack and expand SoFi's addressable market across Latin America and other regions.
- Buyers
- SoFi Technologies, Inc.
- Targets
- Technisys S.à.r.l.
- Industry
- Cloud & SaaS
- Location
- Buenos Aires, Argentina
- Transaction Type
- Buyout
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