Temenos is a banking software company headquartered in Switzerland.
It will buy Kony for an enterprise value of $559mn and an earnout of $21mn.
Kony currently works to help banks transform the client experience.
It’s hoped Kony will help Temenos to scale within the US as well as adding digital expertise.
The funding will support Tyme's expansion into Southeast Asia, including Vietnam and Indonesia, as it aims to become a top retail bank in South Africa within three years....
The acquisition is expected to enhance FIS's portfolio, following its recent purchase of San Francisco-based Banking-as-a-Service fintech Bond.
AHAM Capital is replacing legacy, on-premises systems with Temenos Multifonds Global Accounting on SaaS to drive scalable automation and future growth in the Malaysian ma...
The funding will drive the growth of its consumer lending platform, CashNow, and improve its Ultra app ecosystem
Target Group, a technology transformation provider that works with financial ...
Solarisbank, a German Banking-as-a-Service platform, has partnered with Contis.In Brief: Contis ...
The implementation of new applications in many aspects of our daily life is likely to continue, and new data processing tools such as AI and Machine learning will continu...
Written By: Kene Partners
UK FinTech Phos, which offers a point-of-sale (POS) solution. In Brief:Phos ...
Stripe and EDC have launched a report on the opportunities for software companies to integrate payme...
Download your free research report today to learn how companies are managing their SaaS subscription...
Cledara automatically classifies SaaS purchased into one of more than 70 different categories. This...
New Outsourcing Guidelines from UK and European financial regulators set new requirements for the wa...
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