by Fintechnews Switzerland
February 5, 2024
Giesecke+Devrient (G+D), headquartered in Munich, has elevated its possession within the software program agency Netcetera to 95%. This transfer, accomplished in January 2024, marks a strategic enhancement of G+D‘s choices in digital cost and banking options.
Constructing on its preliminary announcement in December 2022 to double its stake in Netcetera from 30% to 60%, G+D has been steadily increasing its possession within the firm.
This transfer aligns with G+D’s ongoing technique to spend money on modern digital applied sciences, aiming to strengthen its footprint within the digital finance sector.
Netcetera, identified for its intensive suite of digital services for monetary platforms, offers a variety of options together with net and cell banking, monetary advising, digital wallets, e-commerce, and providers for business banks and monetary service suppliers.
Netcetera’s digital choices enhances and dietary supplements G+D’s product portfolio within the monetary platforms enterprise.
Ralf Wintergerst
“Digital banking and funds are strategic goal markets during which we’ll proceed to develop. Acquisitions, investments and partnerships play a key function on this, each now and sooner or later.
Our funding in Netcetera underlines this objective and is an effective instance of the way in which during which G+D is efficiently implementing its progress technique and digital transformation.”
mentioned Ralf Wintergerst, Group CEO of Giesecke+Devrient.
Carsten Wengel
“We’re happy to be a part of the G+D Group and to learn from its international presence. Because the market chief for software program options within the DACH area, we’re excellently positioned and strengthen G+D’s digital portfolio.
We are going to proceed to broaden our main function internationally and proceed to offer our prospects with modern and scalable digital options sooner or later,”
provides Carsten Wengel, CEO of Netcetera.
This text first appeared on fintechnews.sg
Featured picture credit score: Ralf Wintergerst, Group CEO of Giesecke+Devrient and Carsten Wengel, CEO of Netcetera. Edited from Freepik
