Finastra's Billion-Dollar Banking Business Sale: What's the Deal?

Finastra, a major player in financial software, is reportedly planning to sell its core banking business in the Middle East and Asia in a deal worth over a billion dollars. With private equity firms and competitors circling, this potential sale follows a wave of fintech acquisitions fueled by the AI boom and a drive for growth. This move could reshape Finastra as they simultaneously embrace innovation with crypto-based payment solutions. Hosted on Acast. See acast.com/privacy for more information.