CORA Group Acquires Finastra’s U.S. Mid-Market Phoenix Core Banking and Digital Banking Software Business
June 3, 2026
CORA Group (portfolio of Jonas Software within Constellation Software) acquired Finastra’s U.S. mid-market banking business, including the Phoenix core banking system and related digital banking and analytics solutions. The acquired suite includes MalauzAi Digital Banking, Analyzer IQ, and Enterprise Content Management (ECM), which serve community banks and credit unions across the United States.
- Buyers
- CORA Group
- Targets
- Finastra’s U.S. Mid-Market banking business (including Phoenix Core Banking System, MalauzAi Digital Banking, Analyzer IQ, and ECM)
- Sellers
- Finastra
- Industry
- Software
- Location
- United States
- Transaction Type
- Divestiture
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