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Finastra company logo
Corporation
INTERNET | Internet Software & Services / Asset & Financial Management & Trading
finastra.com

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Partners & Customers

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About Finastra

Finastra, formed by the merger of Misys and D+H, provides a range of financial services, treasury, lending, and banking software solutions to bank and financial institution clients, providing both in-house and cloud-based tools.

Finastra Headquarters Location

4 Kingdom Street Paddington

London, England, W2 6BD,

United Kingdom

+44 (0)20 3320 5000

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Expert Collections containing Finastra

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Finastra in 3 Expert Collections, including Digital Lending.

D

Digital Lending

1,697 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

F

Fintech

4,864 items

Track and capture company information and workflow.

B

Banking

103 items

Finastra Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Finastra Rank

Research containing Finastra

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Finastra in 1 CB Insights research brief, most recently on Oct 30, 2019.

Latest Finastra News

Global Open Banking Market Report (2022 to 2030) - Featuring Banco Bilbao Vizcaya Argentaria, Credit Agricole and Finastra Among Others

Sep 28, 2022

News provided by Share this article Share this article The global open banking market size is expected to reach USD 135.17 billion by 2030, growing at a CAGR of 26.9% from 2022 to 2030, according to this study conducted. The global open banking market is expanding as a result of favorable government legislation, improved overall customer involvement made possible by open banking APIs, and an increase in the adoption of innovative applications and services. In addition, the relocation in the focus of retail banks toward consolidated technological enhancements also bodes well with the market's growth. Key industry players are aggressively investing in offering enhanced services to their customers. For instance, in June 2022, Mastercard announced its latest open banking feature, named Pay by link, through its banking pioneer in Europe, Aiia. This feature is expected to eliminate needless payment stages for companies from any sector by developing a straightforward link that enables clients to pay instantaneously in any situation. It is closely related to Mastercard's open banking agenda, which seeks to usher in a new era of choice, convenience, and personalization in a secure manner. Increased investment in the open banking space by prominent players is expected to drive market growth over the forecast period. For instance, Visa, Inc. purchased Tink in June 2021 for USD 2.15 billion. The acquisition is anticipated to hasten the adoption of open banking in Europe through the provision of a reliable and secure platform for innovation. As a result, consumers have more control over their finances, including money management and financial goals. The outbreak of the COVID-19 pandemic is expected to play a vital role in driving the growth of the open banking market over the forecast period. Since the pandemic, the banking industry has been continuously evolving to improve the customer experience and ease the process of banking for consumers. In addition, the rapid adoption of digitalization is expected to create a positive outlook for the market. Open Banking Market Report Highlights The banking & capital markets segment dominated the market in 2021. The changing investment needs of the new age population are expected to propel segment growth. People are looking for more flexible and worthy investment options offered through advanced platforms. The cloud segment is anticipated to witness the fastest growth owing to the increased adoption of cloud technology across the banking sector. The app markets segment dominated the market in 2021. The segment growth can be attributed to the rising utilization of smartphones and applications for numerous purposes, such as mobile banking. The Asia Pacific regional market is anticipated to witness the fastest growth over the forecast period. The growing technological awareness in developing countries of the region is expected to play a decisive role in driving the growth of the regional market. Key Topics Covered: Chapter 2 Executive Summary 3.1 Market Segmentation and Scope 3.2 Market Size and Growth Prospects 3.3 Open banking market - Value Chain Analysis 3.4 Open banking market - Market Dynamics 3.4.1 Market driver analysis 3.4.1.2 Adoption of digitalization 3.5 Penetration and Growth Prospect Mapping 3.6 Open banking market - Porter's Five Forces Analysis 3.7 Open banking market - PESTEL Analysis Chapter 4 Investment Landscape Analysis 4.1 Investor Strategies 4.3 Funding Raised By Open Banking Providers Chapter 5 Open Banking Services Outlook 5.1 Open banking market Share By Services, 2021 5.2 Banking & Capital Markets 5.3 Payments 5.4 Digital Currencies 5.5 Value Added Services Chapter 6 Open Banking Deployment Outlook 6.1 Open banking market Share By Deployment, 2021 6.2 Cloud 6.3 On-premise Chapter 7 Open Banking Distribution Channel Outlook 7.1 Open banking market Share By Distribution Channel, 2021 7.2 Bank Channels 7.3 App Markets 7.4 Distributors 7.5 Aggregators Chapter 8 Open Banking Regional Outlook Chapter 9 Competitive Analysis 9.2 Company Categorization

Finastra Acquisitions

4 Acquisitions

Finastra acquired 4 companies. Their latest acquisition was Malauzai Software on June 18, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/18/2018

Series D

$99M

$24.05M

Acquired

1

1/30/2018

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$99M

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10

6/14/2017

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$99M

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10

6/14/2017

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$99M

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10

Date

6/18/2018

1/30/2018

6/14/2017

6/14/2017

Investment Stage

Series D

Companies

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Valuation

$99M

$99M

$99M

$99M

Total Funding

$24.05M

Note

Acquired

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Sources

1

10

10

10

Finastra Partners & Customers

10 Partners and customers

Finastra has 10 strategic partners and customers. Finastra recently partnered with Wipro on September 9, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

9/20/2022

Licensor

India

Wipro : Finastra partner to power digital transformation for corporate banks in India

This multi-year partnership makes Wipro Limited the exclusive implementation and go-to-market partner for all banks in India for Finastra 's Fusion Trade Innovation and Fusion Corporate Channels .

7

8/22/2022

Licensor

United States

Finastra and FormFree partner

Finastra and FormFree , enabling lenders to see people 's true ability to pay , have partnered to simplify electronic borrower verification for mortgage lenders .

2

8/17/2022

Partner

United States

IBM, Finastra participate in UK’s Digital FMI Consortium planning retail CBDC pilot

The consortium includes IBM , Finastra and several fintechs with Boston Consulting Group as consulting partner and supported by the UK 's Payment Association .

1

8/3/2022

Client

United Kingdom

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10

7/15/2022

Partner

United Kingdom

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10

Date

9/20/2022

8/22/2022

8/17/2022

8/3/2022

7/15/2022

Type

Licensor

Licensor

Partner

Client

Partner

Business Partner

Country

India

United States

United States

United Kingdom

United Kingdom

News Snippet

Wipro : Finastra partner to power digital transformation for corporate banks in India

This multi-year partnership makes Wipro Limited the exclusive implementation and go-to-market partner for all banks in India for Finastra 's Fusion Trade Innovation and Fusion Corporate Channels .

Finastra and FormFree partner

Finastra and FormFree , enabling lenders to see people 's true ability to pay , have partnered to simplify electronic borrower verification for mortgage lenders .

IBM, Finastra participate in UK’s Digital FMI Consortium planning retail CBDC pilot

The consortium includes IBM , Finastra and several fintechs with Boston Consulting Group as consulting partner and supported by the UK 's Payment Association .

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Sources

7

2

1

10

10

Finastra Team

39 Team Members

Finastra has 39 team members, including current Chief Executive Officer, Simon Paris.

Name

Work History

Title

Status

Simon Paris

Chief Executive Officer

Current

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Name

Simon Paris

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Work History

Title

Chief Executive Officer

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Status

Current

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