Mumbai-based Aurionpro Solutions has strengthened its global foothold in the banking and fintech sectors with the acquisition of Paris-based consultancy firm Fenixys. The all-cash deal, valued at €10 million (approximately ₹90 crore), was announced on Tuesday, marking a strategic step forward in Aurionpro’s expansion across Europe and the Middle East.
Fenixys, renowned for its capital markets expertise, serves major banks and financial institutions throughout Europe and the Middle East. The acquisition aligns with Aurionpro’s commitment to broadening its service portfolio and enhancing its presence in key global markets.
“This acquisition is not just about expanding our offering portfolio and reach, but rather it is about synergistically merging our strengths—Fenixys’ extensive and deep domain expertise with Aurionpro’s strong IP-led offering—to offer a unique, global portfolio of solutions for the banking and capital markets industry,” said Ashish Rai, CEO of Aurionpro Solutions, in a company statement.
The integration of Fenixys is expected to bolster Aurionpro’s position as a leader in digital innovation, particularly in banking and financial services. By combining Fenixys’ domain expertise with Aurionpro’s technological capabilities, the company aims to deliver cutting-edge solutions tailored to the evolving needs of global financial institutions.
This acquisition also underscores Aurionpro’s broader strategy to capitalize on the growing demand for digital transformation in the banking and capital markets sectors. With regulatory frameworks and technological advancements driving innovation, Aurionpro is positioning itself as a key player in enabling financial institutions to navigate the complexities of the modern financial landscape.
The move comes as part of Aurionpro’s ongoing efforts to solidify its standing in international markets while enhancing its service offerings. Industry analysts view the acquisition as a significant milestone for the company, potentially unlocking new opportunities in Europe and the Middle East.
Aurionpro Solutions, headquartered in Mumbai, specializes in providing technology solutions for banking, financial services, and other industries. Its acquisition of Fenixys is expected to pave the way for further collaborations and innovations within the rapidly evolving fintech ecosystem.
By leveraging the combined strengths of both organizations, Aurionpro is set to deliver a unique suite of services that cater to the needs of financial institutions navigating an increasingly digital future.
