United Fintech’s full acquisition of Commercial Banking Applications (CBA) signals a major step toward transforming the commercial banking sector with advanced fintech solutions. CBA is widely recognized for its API-driven trade finance and payments technology, serving top-tier banks across Europe and Asia, including ABN AMRO.
This strategic acquisition enables United Fintech to accelerate digital transformation for financial institutions worldwide. By integrating CBA’s innovative solutions, United Fintech empowers commercial banks with enhanced automation, security, and operational efficiency.
CBA’s expertise in API-based banking technology, combined with United Fintech’s global network, strengthens the digital infrastructure of leading financial institutions. United Fintech remains focused on expanding its platform through targeted acquisitions, reinforcing its leadership in the fintech space.
Reinvestment in Innovation and Growth
As part of the deal, 15% of the total consideration has been reinvested into United Fintech shares, ensuring CBA’s employees maintain an active role in the company’s growth. This reinvestment reflects CBA’s long-term commitment to innovation and its shared vision with United Fintech.
The alignment of interests between United Fintech and CBA enables a seamless collaboration to deliver scalable solutions for financial institutions, supporting their modernization efforts and fostering long-term success.
Leadership Perspectives: Shared Vision for Growth
Christian Frahm, CEO & Founder of United Fintech, expressed his excitement:
“We are delighted to welcome CBA to the United Fintech family. Their proven expertise in banking technology aligns perfectly with our mission to build a comprehensive digital ecosystem for financial institutions. With CBA’s talented team on board, we are poised to enhance our commercial banking roadmap.”
Rolf Hauge, CEO & Founder of CBA, shared his thoughts on the partnership:
“Joining United Fintech is an exciting opportunity for CBA. Our technology stack aligns seamlessly with United Fintech’s strategy, and together, we will scale our solutions globally. Becoming a United Fintech shareholder is a testament to our long-term commitment to driving innovation in the financial sector.”
A Bright Future for Digital Commercial Banking
With this acquisition, United Fintech solidifies its role as a leading fintech provider, helping banks modernize their operations and meet the growing demand for digital solutions. By leveraging their combined expertise, United Fintech and CBA are set to redefine commercial banking’s future.
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