Finovifi Acquires Turner Software Technologies

Finovifi Acquires Modern Banking Systems and Modern Banking Systems of Alabama

February 6, 2025

Financial Services

Finovifi has acquired Modern Banking Systems (MBS), a 50+-year core banking software provider headquartered in the Omaha, Nebraska area, and MBS’s longtime Southeastern distributor Modern Banking Systems of Alabama (MBSAL). The deal will integrate MBS’s core processing capabilities and MBSAL’s regional relationships with Finovifi’s AI-driven fintech tools and cloud-native offerings to expand product capabilities and market reach among community banks.

Orion Innovation Acquires Banktech Software Services

March 9, 2023

IT Services

Orion Innovation has acquired Banktech Software Services, a Temenos core-banking implementation partner headquartered in London. The deal expands Orion's financial-services capabilities, adding Temenos implementation expertise and broader regional delivery in the UK, EMEA and APAC to support its banking, payments and wealth clients.

Fluence Technologies Acquires Sturnis365

July 5, 2022

Software

Fluence Technologies acquired Sturnis365 to add collaborative disclosure management and narrative reporting to its financial consolidation, close and reporting suite. The deal broadens Fluence’s product capabilities and strengthens its presence in Europe by integrating Sturnis365’s customers and team into Fluence’s platform.

SoFi Technologies Acquires Technisys

March 4, 2022

Cloud & SaaS

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.

CapitalSoft Inc. Acquires Laru Technologies

May 14, 2025

Software

CapitalSoft Inc. has acquired the assets of Laru Technologies and will integrate Laru’s fraud detection and risk management software into its ebpIQ payments platform. The acquisition brings Laru’s transaction-level ACH and wire-fraud analytics into CapitalSoft’s product suite to strengthen payment security and expand ebpIQ’s capabilities for banks, fintechs and enterprise payment teams.

Evergreen Financial Technology Group Acquires Infonancial Solutions

October 19, 2023

Software

Evergreen Financial Technology Group (EFTG), a collection of software and service businesses serving credit unions and other financial institutions, has acquired Infonancial Solutions, a Canadian provider of core processing software for credit unions, banks and trusts. Infonancial will continue operating under its current management with former owner Alex Plotkin remaining as an advisor while Tucker Sholtes is appointed CEO as EFTG integrates the business into its fintech portfolio.