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

Business Banking Fintech Slash Reaches Unicorn Status

The fintech startup achieves a valuation of over $1 billion.Highlights: Slash has been valued at over $1 billion.The...

Amex Strengthens Digital Services with AI Expense Management Acquisition

American Express to acquire Hyper to enhance its business offerings.Highlights: American Express announces the acquisition of AI startup...

UK Banks Strengthen Cybersecurity with Anthropics Mythos Model

New collaboration enhances banks' defense against cyber threats.Highlights: UK banks to access Anthropics Mythos model in the upcoming...

UK Banks to Gain Access to Anthropic Cybersecurity Model Next Week

New collaboration enhances cybersecurity for UK banking institutions.Highlights: UK banks set to access Anthropic's cybersecurity model soon.Collaboration aims...