Finantix announced that it has signed an agreement with Motive Partners, a global private equity firm focused on growth investments in financial technology companies.

Investment firm Motive Partners will become a majority shareholder in Finantix and will support the company and the founders in extending the functional footprint of the product and in accelerating geographic expansion, the both firms announced.

The transaction follows strong financial results for Finantix which has experienced significant growth in recent years with now over 250 specialists in 7 cities and a global customer base spanning more than 45 countries. The firm is also present in Singapore.

International Opportunity

«Finantix founders, Ralf Emmerich and Alessandro Tonchia, supported by a strong management team, have demonstrated their ability to create a compelling product, bringing a leading technology platform to an ever-increasing set of blue chip clients,» Scott Kauffman, Partner at New-York-based Motive Partners, said.

Finantix and Motive Partners intend to capitalize on the international opportunity seeing substantial opportunities to continue to grow in Europe, Asia and to enter the U.S. market. Motive Labs, the operational and technology value creation team of Motive Partners, will also work with Finantix and its team to accelerate growth by supporting continued technology development and expansion across Motive Labs' international ecosystem.

Value Creation

Other significant opportunities for value creation include further product development in response to strong customer demand and accelerated expansion through potential strategic acquisitions.

Finantix founders and the management team will continue to lead the company to achieve a shared vision and to ensure high service quality to all existing and future clients. Andy Stewart, Industry Partner at Motive Partners, added: «We see substantial opportunity within this space, with Finantix well positioned to continue their strong growth. Motive Partners will bring to bear our sector-specialist expertise and capabilities to build on the company's strong foundations to achieve our shared vision.»