FUNDRAISING NEWS | November 18, 2024
Amundi has acquired aixigo, a financial technology company providing assistance to distributors of savings solutions, for €149M.
The European asset manager said November 14 that the acquisition supports its expansion in the technology sector, fortifying its position as a technology and services provider. It expects the transaction to generate a return on investment of nearly 10% after three years and over 12% after four years.
The newly purchased company caters to more than 20 clients, including financial institutions with combined assets under management surpassing €1T.
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