Christian Klingsholm Krauss
Buy side
Technology
SaaS & Software
Stratema initiated the dialogue between United Fintech and CBA, recognising a significant opportunity to unlock the full potential of CBA’s platform. By combining CBA’s innovative solutions with United Fintech’s extensive expertise, network and brand recognition, this partnership is poised to deliver great value to both parties.
The acquisition enables CBA to leverage United Fintech’s expansive customer base, which includes some of the world’s largest financial institutions. By accessing United Fintech’s established network and unified distribution platform, CBA will enhance its commercial capabilities, streamline its product delivery and significantly expand its market reach. This strategic integration positions CBA for a strengthening of its global banking market presence, with access to major financial institutions worldwide.
Headquartered in London, United Fintech is a rapidly growing global leader, which provides an adaptive digital platform for the banking and financial sector. Its mission is to empower innovative B2B capital markets Fintech businesses, driving their growth through in-house commercial, sales, operational and marketing expertise. This acquisition is United Fintech’s sixth M&A transaction since 2020. The group serves 10 of the world’s 12 largest banks and counts many of the largest financial institutions among its strategic investors, including Standard Chartered, Citibank, Danske Bank and BNP Paribas.
Commercial Banking Application has achieved international growth through its unique software solutions portfolio, specialising in API-driven trade finance and payments solutions tailored to the needs of large and medium-sized financial institutions. These solutions are designed to provide a high degree of automation, enabling banks to optimise operations and enhance service delivery.
The company had NOK revenues of 89 million and EBIT of NOK 40 million in 2024.
