Pollen Street Capital acquires Finastra’s Universal Banking Business
The deal establishes a platform spanning core banking, lending, and digital solutions for financial institutions, with a diversified global customer base across retail, corporate, and treasury operations.
Takeaways
- Pollen Street Capital is acquiring Finastra’s Universal Banking Business.
Finastra has sold its Universal Banking Business to Pollen Street Capital, carving out the provider of core banking, lending, and digital platform solutions that serves financial institutions around the world.
The business supports a large installed base, with a customer mix that spans retail, corporate, and treasury banking operations across multiple regions, where it enables modernization of technology infrastructure and customer channels.
The transaction creates a new platform for London-based Pollen Street Capital, which focuses on financial and business services investments, and aligns with its strategy of building leaders through partnership.
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