Sopra Banking Software: Buys Luminosity

Sopra Banking Software: Buys Luminosity

  • Sopra Banking Software is the partner of choice for more than 1,500 financial institutions worldwide
  • Acquired 100% of the share capital of Luminosity Ltd. Already used worldwide
  • Luminosity’s digital inventory auditing and ‘self-audit’ solution SOAR supports a broad range of lender
  • The product line-up synchronises perfectly with SFP’s existing software platform, which, most notably
  • The acquisition broadens the scope of SFP’s specialist asset finance software globally
  • it also enables the two businesses to increase the pace of innovation for which both are noted
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

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...