BankingBusiness

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
Previous article
Brightstar Resources: Completes $2.3m placement
Next article
Hampshire Trust Bank: Acquire Wesleyan Bank
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

FinTech

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...
FinTech

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...
FinTech

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...
FinTech

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...