Linedata Accelerates the Development of Its Lending & Leasing Activities in Southern Europe
March 30 2023 - 2:30AM
Business Wire
With the acquisition of Audaxys in Portugal,
Linedata reaffirms its ambition to meet the new challenges facing
lending and leasing organizations
Linedata (Euronext Paris: LIN), a global provider of credit and
asset management technology, data and services, announces today
the expansion of its Lending and Leasing activities in Southern
Europe with the acquisition of Audaxys in Portugal. Through
this project, Linedata confirms its ambitions in a region with
strong growth potential.
Portugal has gradually established itself as a major hub for the
world's leading technology companies. Thanks to the quality of its
universities, recognized for their excellence in the fields of
finance, industrial engineering and technology, the country is
today a source of talent renown on the international scene, both by
start-ups and major players.
As a major player in the global credit and finance market, this
acquisition reaffirms Linedata's commitment to expanding in
Southern Europe throughout the Iberian region. Linedata's
cutting-edge solutions will enable companies seeking technological
excellence and innovation to rely on a trusted partner.
"The acquisition of Audaxys consolidates our position in
Portugal, a territory of the future, open to the world and destined
to be one of the key drivers of technological innovation globally,
particularly in the financial sector, an industry of major local
importance," commented Jamil Jiva, Global Head of Business
Development at Linedata. "Its connections with the countries of
the Portuguese-speaking world, particularly Brazil via the Portugal
2030 programme, make it a key business location in Europe. As we
did in Riga a few years ago for the asset management business, our
ambition is to develop a center of excellence in Portugal dedicated
to the credit business, based on the know-how of local teams."
"I am delighted by our merger with Linedata, a partner of
international renown who shares our human values of caring
employees and clients. This alliance offers Audaxys and his teams
new development perspectives in the credit business, as well as an
even wider range of products and services to meet our clients'
needs. We are ready to face tomorrow's challenges together with
confidence and determination," added Miguel Rangel, Chairman and
CEO of Audaxys.
ABOUT LINEDATA
With 25 years’ experience and 700 clients in 50 countries,
Linedata’s 1100 employees in 20 offices provide global humanized
technology solutions and services for the asset management and
credit industries that help its clients to evolve and to operate at
the highest levels.
Headquartered in France, Linedata achieved revenues of EUR 172,7
million in 2022 and is listed on Euronext Paris compartment B
FR0004156297-LIN – Reuters LDSV.PA – Bloomberg
LIN:FP.linedata.com
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Press Linedata - Aurélia Szymanski Tel : + 33 6 63 72 94
14 Email : aurelia.szymanski@se.linedata.com
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