One Equity Partners Agrees to Acquire ACI's Online Banking Solutions.
MANews-(C)2009-2022
US-based middle market private equity firm One Equity Partners has agreed to acquire ACI's corporate online banking solutions, an API-driven solution for the banking industry, from real-time payments software provider ACI Worldwide (NASDAQ: ACIW), the firm said.
Upon completing the transaction, the entity will operate independently under the new name, Dragonfly Financial Technologies.
The technology marketed as ACI Digital Business Banking Solutions enables blue chip banks worldwide to process over USD 1bn in daily payments.
The technology deployed on-premise or cloud-based and corporate banking customers to initiate payments, collect money owed, and manage financial positions and operations.
As platforms, cloud, and software become the backbone of most modern businesses, the acquisition allows OEP to expand its expertise and exposure to financial technology and the software sector.
The US online commercial...
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