Woodforest Financial Group Makes Strategic Investment in Zelus Automation Platform

Superstep Capital Makes Strategic Growth Investment in Zaelab

March 28, 2023

IT Services

Zaelab, a Westport, Connecticut-based B2B digital commerce consultancy, received a strategic growth investment from Superstep Capital. The capital will accelerate Zaelab’s organic growth, support future acquisitions, and expand its composable commerce capabilities including further development of its Portul.io offering.

Zenus Bank Acquires Financial Urban Exchange LLC (FUEX Payments)

March 29, 2023

Payments & Fintech

Zenus Bank has acquired Financial Urban Exchange LLC (FUEX Payments), a fintech that provides real-time payments APIs for the Caribbean and Latin American markets. The deal strengthens Zenus Bank’s payments capabilities and supports geographic expansion into the Caribbean and Latin America by integrating FUEX’s real-time payments technology into Zenus’s banking and BaaS offerings.

OceanSound Partners Acquires Automated Financial Systems

February 19, 2026

Software

OceanSound Partners, a New York-based private equity firm, has acquired Automated Financial Systems (AFS), a provider of commercial loan servicing and loan lifecycle management software. The deal will support accelerated product innovation, increased investment in sales and customer support, and AFS appointed Edward Jenkins as CEO to lead the company’s growth and modernization efforts.

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.

Zelis Acquires Payspan

November 9, 2022

Healthcare Services

Zelis has completed the acquisition of Payspan, a provider of healthcare electronic payment and reimbursement automation services. The deal brings Payspan’s payment network and capabilities into the new Zelis Advanced Payment Platform to expand payment modalities and communications for payers, providers, and consumers.

Finvasia Group Acquires ZuluTrade Group and AAAFx

December 14, 2021

Financial Services

Finvasia Group has acquired ZuluTrade Group, the social trading platform, along with AAAFx (a HCMC-regulated broker). The deal expands Finvasia's fintech and financial services ecosystem and strengthens its retail and institutional trading offerings across Europe and globally.