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  6. Finovifi Acquires Modern Banking Systems

M&A Deal Summary

Finovifi Acquires Modern Banking Systems

On February 6, 2025, Finovifi acquired software company Modern Banking Systems

Acquisition Highlights
  • This is Finovifi’s 1st transaction in the Software sector.
  • This is Finovifi’s 1st transaction in the United States.
  • This is Finovifi’s 1st transaction in Nebraska.

M&A Deal Summary
Date 2025-02-06
Target Modern Banking Systems
Sector Software
Buyer(s) Finovifi
Deal Type Add-on Acquisition

Target

Modern Banking Systems

Ralston, Nebraska, United States
Modern Banking Systems is a banking software that offers core processing solutions designed to support banks. Modern Banking Systems was formed in 1964 and is headquartered in Ralston, Nebraska.

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Buyer(S) 1

Buyer

Finovifi

Birmingham, Alabama, United States
Category Company
Founded 2017
Sector Software
DESCRIPTION

Finovifi is a provider of AI-powered fintech solutions for community banks that specializes in delivering flexible and innovative solutions that address the unique challenges faced by community banks. Finovifi was formed in 2017 and is headquartered in Birmingham, Alabama.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Nebraska) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1
Mergr

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