Thursday, December 12, 2024

Complii Fintech Solutions acquires MIntegrity to reinforce regulatory offering

Complii Fintech Solutions has acquired MIntegrity, a compliance consulting business based in Sydney, Australia, to expand its regulatory offerings and strengthen its compliance ecosystem.

Facts

  • Complii Fintech Solutions has completed the acquisition of Sydney-based compliance consulting business MIntegrity.
  • The acquisition includes the MIntegrity brand, intellectual property (IP), key personnel, and clients.
  • The acquisition was finalized through a share-cash transaction, with Complii issuing 13 million fully paid ordinary shares and paying $150,000 in cash.
  • Founded in 2013, MIntegrity offers a regulatory advisory and automation platform for financial service providers in Australia, including RegsWeb and MIWize.
  • Complii views MIntegrity’s services as complementary to its existing compliance modules, such as ThinkCaddie, an online CPD management platform.
  • The acquisition is expected to expand Complii’s solutions both in Australia and internationally.
  • Craig Mason, executive chairman of Complii, anticipates that MIntegrity’s expertise will bring significant value to the company.
  • This acquisition builds upon Complii’s previous acquisitions of PrimaryMarkets and Registry Direct in 2021 and 2022, strengthening its compliance ecosystem.

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