Image Source: Rocket Reviews
Aurionpro Solutions Ltd, a business fintech and digital transformation platform firm, today announced two strategic initiatives: partnering with a major UK-based financial institution to deploy an AI-native credit intelligence platform, and acquiring French player Fenixys SAS to enhance its presence in Europe.
UK Partnership: AI-Native Credit Intelligence
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Partnership: Aurionpro has also entered into partnership with a leading UK bank (name not disclosed)
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Solution: Implementation of an AI-native credit rating platform, using Aurionpro's own AI stack
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Objective: Increasing credit decisioning, risk assessment, and onboarding automation capabilities of financial institutions
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Technology Core: Powered by Arya.ai, a deep-tech platform bought by Aurionpro in 2024, with explainable AI, ML observability, and autonomous finance capabilities
EU expansion: Acquisition of Fenixys SAS
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Acquisition Target: Paris-headquartered capital markets advisory company Fenixys SAS
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Deal Value: €10 million (cash deal)
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Geographic Reach: Offices in France, UK, Denmark, and in the Middle East
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Strategic Fit: Fenixys has strong Murex, treasury, and capital markets transformation expertise
CEO Statement: Ashish Rai, CEO of Aurionpro, said the acquisition "synergistically combines our strengths to provide a global portfolio of solutions for banking and capital markets"
Market Impact & Outlook
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Share Movement: Aurionpro shares went up more than 4% after the announcements
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Revenue Growth: Double-digit revenue in two years will come from Europe, as per management
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Strategic Plan: The moves support Aurionpro's vision to be a worldwide fintech platform industry leader in AI-powered platforms, particularly banking, capital markets, and digital lending
Sources: Aurionpro, Moneycontrol, Global Fintech Series, Business Standard
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