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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