- Finantix is familiar for it’s software applications for financial industries.
- Motive Partners is an investment firm focused on technology-enabled companies that power the financial services industry.
- in the era of digital, acquisitions are playing major role hence it proves the capability of firm.
Motive partners have confirmed the acquisition of Finantix in a recent press release. They said this acquisition will strengthen their technical capabilities along with streamlined solutions for clients. The acquisition dated on 11th of dec 2018 therefore the official merging details to be released soon.
Acquisition is just a common word for the people of silicon valley as it is often heard there. Considering the tech giants like google and Apple as an inspiration most of the firms are focusing on acquisitions. It all started when the google is swallowing small fishes of the industry as a part of growing business. As a result now a days all the firms are moving towards acquisition rather than putting more technical stuff in to the company.
“Everyone thought the acquisition strategy was extremely risky because no one had ever done it successfully. In other words, it was innovative.”
of-course it is true that every one thought acquisition is risky. But a well planned acquisition pushes the firm towards success in a streamlined way. Acquiring the organisations without reason will launch you in to the trouble as well as ruins both the companies. apart from the other factors like product building to product marketing, acquisition is also a major part of strategy.
Finantix enable it’s clients to digitalise their multi channel and omni-device strategy injecting innovative components into their digital transformation programs. And also help them make available ready to use solutions to serve, advise and sell their services to mass, affluent, private, high net worth and business customers.
While they offer a wide range of applications to fill any gaps in clients solution set, they never advocate a rip-and-replace strategy and always look to leverage the IT and Digital investments client have already made.
Finantix offering is based on a comprehensive library of modules and components designed for the financial services industry. As a result that promotes innovation, re-usability across business channels and devices, and helps Financial Services leverage existing legacy architectures. Along with the data facilitating the integration and reuse into new digital services initiatives.
About Motive Partners
motive partners is a financial technology specialist firm. they offer sector specialist investment platform along with expertise, connectivity and capabilities. Therefore it will create long-term value in financial technology business.
Financial technology is a massive market in a complex industry undergoing significant transformation. Motive partners mainly works on four different motives.
- Customer empowerment
- Technological innovations
- Regulatory directives
- Economic under-performance
the firm works on the formula of investing, innovating and operating. By using this kind of approach they have achieved a lot. This kind of business motivation lead the firm towards this acquisition. The traditional approach to private equity investing is no longer enough. Motive partner believes that specialization is central to achieving the best results.
Real-world operating and innovating expertise is at the heart of Motive Partners’ DNA. they invest where their expertise, connectivity and capabilities can empower management teams to achieve substantial value creation.
motive partners are following a streamline structure from the beginning itself. Their focus towards the financial technology industry lead them to the top of the list. Motive partners felt it is necessary to acquire an organisation like Finantix. above all Finantix is also on the financial industries sector due to this the acquisition came in to picture. Finally motive partners acquired Finantix on 11th of dec 2018 to an undisclosed amount.