SoFi Completes Acquisition of Technisys

SoFi Acquires Galileo Financial Technologies

April 7, 2020

Payments & Fintech

SoFi (Social Finance, Inc.) agreed to acquire Galileo Financial Technologies for $1.2 billion in cash and stock. The purchase adds Galileo's payments and banking API platform to SoFi's technology stack to expand its product capabilities and distribution to Galileo partners; Galileo will operate as an independent SoFi subsidiary.

SoFi Technologies Acquires Golden Pacific Bancorp, Inc.

February 2, 2022

Financial Services

SoFi Technologies, Inc. completed its acquisition of Golden Pacific Bancorp, Inc. and its subsidiary Golden Pacific Bank, N.A., a Sacramento-based community bank with approximately $150 million in assets and three branches. The bank has been renamed SoFi Bank, N.A.; SoFi will contribute $750 million in capital, pursue a national digital bank strategy, and roll out SoFi checking and savings products with competitive APYs while maintaining Golden Pacific's community banking footprint and leadership.

Technisys Acquires Kona

March 15, 2021

AI & Machine Learning

Technisys, the Miami-based provider of the Cyberbank core and digital banking platform, has acquired Kona, a Uruguay-based conversational AI fintech specialist. The acquisition integrates Kona's conversational AI and chatbot capabilities into Technisys's platform to expand digital banking functionality and improve customer engagement for financial institutions across the Americas.

SoFi Technologies Acquires Wyndham Capital Mortgage

April 3, 2023

Financial Services

SoFi Technologies acquired Wyndham Capital Mortgage, a fintech mortgage lender, in an all-cash transaction. The acquisition is expected to be accretive within six months and will integrate Wyndham Capital’s talent and technology to expand SoFi’s digital mortgage offerings.

Softek Acquires Gentech (H2 FinTech)

July 12, 2022

Software

Softek, a provider of capital and credit management solutions, has acquired Gentech (H2 FinTech), a technology and software services firm serving broker-dealers and registered investment advisors (RIAs). The acquisition adds Gentech's compliance, sales supervision, commission compensation and portfolio management platform and technical development team to Softek, expanding its capabilities and reach into the RIA/independent broker-dealer market.

Orion Innovation Acquires Banktech Software Services

March 9, 2023

IT Services

Orion Innovation has acquired Banktech Software Services, a Temenos core-banking implementation partner headquartered in London. The deal expands Orion's financial-services capabilities, adding Temenos implementation expertise and broader regional delivery in the UK, EMEA and APAC to support its banking, payments and wealth clients.