News and Announcements
Geniusto International LTD completes its M&A of a leading European fintech platform developer
- Published March 04, 2021 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
PERTH, AUSTRALIA – February 10, 2021 – Geniusto International LTD, the parent company of Geniusto Philippines Incorporated, announced that it has successfully acquired GCP Software UK, a banking software and payment processing solutions company based in the UK. The purchase will strengthen Geniusto’s capability in delivering next-generation financial platforms for Banks, Financial Institutions, and Insurance companies in the ASEAN region and beyond.
“Our acquisition of GCP Software strengthens our ability to bring greater financial inclusion in ASEAN as well as allowing for greater exponential growth for the overall company,” said Shane Hermans, Founder and CEO of Geniusto Philippines Inc. “The acquisition also adds to our capacity and geographic presence to help financial institutions transform and scale to greater heights” Hermans added.
Geniusto provides next generation financial platforms that can help scale and transform financial services providers and insurance companies for financial inclusion, financial education, and economic growth in the ASEAN region. Geniusto is headquartered in Perth, Australia with offices in the Philippines, Singapore, and the UK. To learn more about Geniusto, click here.
About Geniusto International
Geniusto is a fintech enabler, a solutions and services provider. This is not just what we do. It is who we are. We deliver end-to-end next-gen digital banking technologies to: Banking, Securities, Finance, Insurance (BSFI) and other sectors globally. Working closely with local and global partners, we enable solutions that accelerate economic growth through: digital transformation, financial inclusion, and financial education. The ASEAN region is our new focus, in addition to countries across Europe and MENA.
Headquartered in Perth, Australia with operations in: Philippines, Singapore, & UK, our “Bank-in-the-Box“ modernizes and transforms legacy institutions. Our technology is supported by 4 in-demand platforms:
- Omni-Channel
- Loans Management
- Core Banking
- “ePera,” a social banking “B2B2C” ecosystem currently being deployed for 20M users in ASEAN.
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