Source: Fintech Global
Regnology, a distinguished software provider with a strong emphasis on regulatory reporting solutions, is reportedly nearing the final stages of negotiations to acquire Invoke, a French-based company specialising in financial, regulatory, and tax reporting solutions.
This development signifies an important step in Regnology’s ambitious growth strategy, which has already seen four other acquisitions in the space of a year.
The proposed acquisition serves to facilitate Regnology’s objective to boost its global prominence in the FinTech sector, through increased growth and value generation. Invoke’s reputation for delivering top-notch XBRL-based banking, insurance, and tax reporting solutions across the European market provides an appealing proposition for Regnology’s growth ambitions. The actual value of the deal, however, remains undisclosed…
Read full article: https://fintech.global/2023/05/30/regnology-set-to-add-invoke-to-its-portfolio-bolstering-regtech-presence/
