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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