News
Innopay
Published
Share

Fintech company Ohpen acquires industry peer Davinci

AMSTERDAM (AFN / BLOOMBERG) - Fintech company Ohpen acquires industry peer Davinci. Financial details of the deal are not disclosed.The combined company employs 350 people. Davinci employs 200 people in Amsterdam, Antwerp and Bratislava, among others. Ohpen and Davinci have a combined turnover of 35 million euros. The two will, before targeting other markets, focus on the Netherlands, the United Kingdom and Belgium.Davinci supplies banking software for Aegon, BNP Paribas and NN Group, among others. According to Het Financieele Dagblad, the acquisition is being financed by Ohpen’s shareholders, Alex Mulder’s investment funds Amerborgh and NPM-Capital, the investment fund of the Fentener van Vlissingen family.

Read more here

Share this Article
Related Insights
Featured
Holland Fintech Digital Transformation Paper 2024
Holland Fintech is proud to present the Digital Transformation Paper 2024. This whitepaper, led by the Holland Fintech working group Digital Transformation in collaboration with Accenture, provides valuable insights into the dynamics and key factors influencing successful collaborations between fintechs and incumbents.
Amsterdam Fintech Week
Amsterdam FinTech Week is back on 2-4 October 2024! Be a sponsor, co-organizer, or just participate in our community events.