202012 Aug
IT News Online - Japan Corporate News - Banqsoft Acquires Concent to Expand and Broaden its Market Position
Type
Acquisitions
Source
Itnewsonline
Summary

" Supporting international ambitions Banqsoft is a key player in the Nordic market segments for financial services software solutions, including digital banking and asset finance. " NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. The new industrial Banqsoft/KMD ownership of Concent will strengthen the strategic position of the business and represent a strong basis for further growth," says Thor Eika, Concent chair and Group Executive in Treschow-Fritzøe, which is selling its 51% shareholding in Concent.Concent is specialized in software and services within credit management and debt collection and has a strong market position in the Nordic segments, with 144 municipalities, 100 collection agencies, and several banks and finance companies as customers.Banqsoft will take over customer relations, software and 85 employees located in Norway, Poland and Sweden. "Supporting international ambitionsBanqsoft is a key player in the Nordic market segments for financial services software solutions, including digital banking and asset finance. " NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential.

Classifications
  • Fintech & Banking
  • Networking
  • Virtualization & Network Resources
  • ERP & Process Management
  • Retail
  • Point of Sale (POS)
  • Web and Content Management
  • Accounting and Taxes
  • Credit & Collections
  • ERP