M&A Deal Summary

Finantix Acquires InCube Group AG

On March 10, 2020, Finantix acquired information technology company InCube Group AG

Acquisition Highlights
  • This is Finantix’s 2nd transaction in the Information Technology sector.
  • This is Finantix’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2020-03-10
Target InCube Group AG
Sector Information Technology
Buyer(s) Finantix
Deal Type Add-on Acquisition

Target

InCube Group AG

Zurich, Switzerland
InCube Group AG is a financial technology company specialized in wealth management and insurance. It provides data-driven, AI-enabled products and digital solutions for scalable investment processes and personalized advice. InCube Group is based in Zurich, Switzerland.

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Buyer(S) 1

Buyer

Finantix

Luxembourg, Luxembourg

Category Company
Founded 1994
Sector Software
DESCRIPTION

Finantix is a provider of technology enabling the digitalization of omnichannel advisory, sales, and services processes of private banks, wealth managers, and insurance companies. Finantix was founded in 1994 and is based in Luxembourg.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Switzerland M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-19 Smartfolios

Singapore, Singapore

Smartfolios is an investment analytics and quant based tools to enable and deliver your real-time (robo) advisory and portfolio management services and processes. Smartfolios is based in Singapore.

Buy -