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Who said its all bad news for fintech acquisitions out there? Giesecke+Devrient has acquired further shares in Netcetera, increasing its stake to 95%.
Giesecke+Devrient acquire Netcetera
With this milestone, G+D is expanding its product portfolio in the areas of digital payment and digital banking. In addition to this acquisition, G+D is also planning further targeted investments in innovative digital technologies and solutions in the future.
Netcetera develops and operates a comprehensive digital product and services portfolio for financial platforms.
It includes solutions for web banking, mobile banking, financial advice, digital wallets and e-commerce as well as service offerings for commercial banks, merchants and providers of financial services.
Its digital offerings thus optimally complement and supplement G+D’s product portfolio in the financial platforms business.
Physical and digital payment experiences are increasingly converging and the desire for simple financial transactions that provide full control over personal data is growing.
“Digital banking and payments are strategic target markets in which we will continue to grow. Acquisitions, investments and partnerships play a key role in this, both now and in the future,” explains Ralf Wintergerst, Group CEO of Giesecke+Devrient.
“Our investment in Netcetera underlines this goal and is a good example of the way in which G+D is successfully implementing its growth strategy and digital transformation.”
“We are pleased to be part of the G+D Group and to benefit from its global presence. As the market leader for software solutions in the DACH region, we are excellently positioned and strengthen G+D’s digital portfolio.
We will continue to expand our leading role internationally and continue to provide our customers with innovative and scalable digital solutions in the future,” adds Carsten Wengel, CEO of Netcetera.
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