[ad_1]
Software Group, a prominent global provider of technology solutions for the financial sector, has successfully secured significant investment to enhance its growth and innovation.
The total investment will be up to €9.5 million from INVENIO Partners and PostScriptum Ventures. INVENIO Partners is investing up to 6 million euros, and existing investor PostScriptum Ventures is contributing a further 3.5 million euros. This funding is a testament to the confidence these investors have in Software Group’s potential and future prospects.
Founded in 2009, Software Group has carved out a niche in the $100 billion digital financial services industry. The company boasts an impressive customer base that includes more than 200 banks, government agencies, central banks, telecommunications, fintech and other financial institutions across more than 70 countries. Its flagship product, DigiWave, is an award-winning digital banking platform that comes with a set of pre-built solutions designed to power the digital financial ecosystem.
The new capital injection comes to further Software Group’s mission to revolutionize the financial services industry. This investment will not only provide financial support, but also strengthen the company’s market position, strengthen its growth strategy and enable it to continue to innovate in digital banking and public services.
Elvin Guri, CEO of INVENIO Partners, emphasized the importance of this investment, saying: “This investment, at a turning point for the company, reflects our confidence in the potential of Software Group. , we are excited to support their journey towards further global expansion and digital innovation.”
Software Group CEO Kalin Radev expressed his gratitude for the partnership. They say: “We are very grateful for our partnership with INVENIO Partners and the continued support from his PostScriptum Ventures. Their investment will strengthen our product offering, expand our market reach, and drive digital transformation in emerging markets. It allows us to strengthen our efforts to advance.”
Get all the latest FinTech news here.
Copyright © 2023 Fintech Global
Investor
The following investors are tagged in this article:
[ad_2]
Source link
