FINVASIA Invests in Gini Health (Recapitalization)

Banyan Software Acquires Gini

February 3, 2026

AI & Machine Learning

Banyan Software has acquired Gini, a Munich-based provider of AI-driven document-intelligence and payment solutions for banks, insurers and e-commerce businesses. Gini will continue to operate independently with its leadership and brand intact while Banyan provides long-term capital, operational support and resources to expand Gini’s product and market reach across banking, private health insurance and e-commerce.

Goldman Sachs and Avista Invest in XiFin

September 3, 2025

Healthcare Services

XiFin, a San Diego‑based healthcare IT company specializing in AI-enabled revenue cycle management, received a new growth capital investment led by a co-investment from Goldman Sachs External Investing Group alongside majority investor Avista Healthcare Partners and other institutional investors. The funding will accelerate development and adoption of the XiFin Empower platform; Jeff Margolis also joined XiFin's board. Financial terms were not disclosed.

Zafin Acquires FINCAD

January 24, 2022

Financial Services

Zafin acquired FINCAD to expand its pricing and analytics capabilities and create an end-to-end pricing and analytics offering for financial institutions. FINCAD will operate as Zafin's Capital Markets Group under the FINCAD brand, broadening Zafin's product portfolio, client base and global footprint.

Cinven to Acquire Finaxy Group from Ardian

September 3, 2024

Financial Services

Private equity firm Cinven has entered exclusive negotiations to acquire the Finaxy group from Ardian, with Finaxy management (led by Founder & CEO Erick Berville) set to significantly reinvest alongside Cinven. Headquartered in Paris, Finaxy is a multi-specialist French insurance broker with over 330 employees and more than €700 million in premiums; Cinven will invest from its Strategic Financials Fund and aims to accelerate Finaxy's buy-and-build growth across France and internationally.

Nordic Capital Acquires Majority Stake in Zafin

February 12, 2024

Cloud & SaaS

Nordic Capital has signed an agreement to acquire a majority share in Zafin, a Vancouver-based provider of SaaS core modernization and transformation solutions for banks. The investment, made in partnership with Zafin's founders and management who are reinvesting, is intended to accelerate Zafin's growth and product/platform roadmap to expand its global footprint in banking technology.

Diversis Capital Makes Growth Investment in InductiveHealth Informatics

June 23, 2022

Healthcare Services

Diversis Capital has led a growth recapitalization / growth investment in InductiveHealth Informatics to accelerate product development and expand the company's public health surveillance capabilities. Croft & Bender served as exclusive financial advisor to InductiveHealth on the transaction.