BanqUp, which develops services in the field of open banking, has been taken over by the Belgian company Unifiedpost Group
The press release sent to cashless.pl shows that the Polish-Belgian fintech startup operating under the BanqUp brand was taken over by the Unifiedpost group listed on Euronext. Together with BanqUp, the Belgian group also acquired two other companies, i.e. 21 Grams and AKTI. In this way, it will expand its geographical coverage to twenty countries in Europe, including Poland.
BanqUp develops services based on the principles of open banking (access of third parties to data on bank accounts). The platform developed by this fintech allows you to integrate with bank systems and thus obtain data from bank accounts. This, in turn, enables the provision of solutions such as bank account integration, creditworthiness assessment, identity confirmation or support for small and medium-sized enterprises in liquidity management.
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On the other hand, Unifiedpost Group is a company founded in 2001, which recently debuted on the Euronext stock exchange. It wants to become the leading cloud-based business services platform for small and medium-sized businesses. The 21 Grams company acquired together with BanqUp is based in Stockholm and is a provider of postal and logistics solutions, particularly for sensitive shipments. In turn, the Belgian AKTI provides solutions in the field of trade and e-commerce, including order management and invoice processing.