MoneyWorks4Me

Aurionpro Solutions’ arm to acquire majority stake in Neo.Bnk

03 Oct 2018 Evaluate

Aurionpro Solutions’ wholly owned subsidiary -- Aurionpro Solutions Pte. has entered into an agreement for an all cash deal for the acquisition of majority stake of 51% in Neo.Bnk Pte., a Singapore based technology firm focused on developing micro services based open banking platform.

The acquisition of Neo.Bnk is in line with this strategy of integrating and scaling up its current product suite to next generation platform.

Aurionpro Solutions is a publicly traded technology company providing software products and expert level consulting services to an extensive global customer base. The company provides valuable operational and technical experience in helping banks provide new and innovative products to their customers.

Peers
Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
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