Finova: Acquires BEP Systems

Finova: Acquires BEP Systems

  • Finova stands for financial innovation. It is NBFC licensed by Reserve bank of India
  • BEP Systems is a specialist IT financial services business that has a focus on edge technology within web and mobile
  • Acquires BEP, the market-leading provider of cloud-based mortgage and savings software in the UK
  • The company offers a suite of modern, cloud-based software, including Core Banking solutions trusted by over 60 financial institutions
  • Mortgage Broker Platform used by over 3,000 mortgage brokers to run their business, and a suite of industry connectivity solutions
  • Core Banking is rapidly shifting to the cloud and firms are demanding modern open architecture solutions
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Fed Accelerates FedNow Development for Cross-Border Payments

New consultations aim to enhance international transaction efficiency.Highlights: Federal Reserve seeks input on cross-border payment improvements.FedNow aims to...

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...