SoFi Completes Acquisition of Technisys
March 4, 2022
SoFi Technologies completed its acquisition of Technisys, a cloud-native, digital multi-product core banking platform. The deal strengthens SoFi’s Galileo fintech/cloud business by combining Galileo and Technisys into an end-to-end vertically integrated banking technology stack with integrated processing and card issuing.
- Buyers
- SoFi Technologies, Inc.
- Targets
- Technisys S.à.r.l.
- Industry
- Cloud & SaaS
- Transaction Type
- Buyout
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