Indian fintech Aurionpro acquires loan management system Omnifin for $9.8m

  • Mumbai-based fintech firm Aurionpro acquires Omnifin from AS Software Services
  • The all-cash transaction is valued at $9.8 million (INR 820 million)
  • Acquisition includes assets, liabilities, intellectual properties, and over 150 employees and contracts
  • Aurionpro offers banking, payments, and business management solutions
  • The acquisition complements Aurionpro’s lending solutions portfolio
  • Aurionpro aims to expand in India and international markets with this acquisition
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

Mastercard, Visa, and Revolut Lose UK Legal Challenge Over Card Fee Cap Plans

UK courts uphold cap on interchange fees affecting major payment companies.Highlights: UK courts dismiss legal challenge by Mastercard,...

LSEG Launches Blockchain-Based Digital Settlement Network

This new platform aims to enhance financial settlement processes.Highlights: LSEG has launched a blockchain-enabled digital settlement network.The platform...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

New initiative aims to streamline digital asset transactions globally.Highlights: SWIFT is launching a shared ledger for tokenised assets.The...

Keye Launches AI Co-Pilot for Private Equity Due Diligence

Innovative tool aims to streamline investment analysis and decision-making.Highlights: Keye introduces an AI co-pilot for private equity due...