Aurionpro Solutions, a provider of technology solutions for the financial services industry, has acquired 100% stake in Hyderabad-based Fintra Software including all the intellectual property rights and resources.
Founded in 2015, Fintra specialises in software solutions for Wholesale Banking, including Trade Finance, Supply Chain Finance, Escrow, and Factoring.
This acquisition aims to deliver an integrated front-to-back solution for cash and trade management, strengthening Aurionpro’s transaction banking capabilities in the market. Aurionpro’s expertise in transaction banking solutions, combined with Fintra’s strong back-end capabilities in trade finance, creates a synergy that caters to the evolving needs of corporate banks.
Fintra, an existing partner of Aurionpro, has its Trade Finance back-end platform already integrated with the Aurionpro trade platform. This solution is being utilized by leading banks in India, Southeast Asia, and the Middle East.
By integrating end-to-end processes — from issuing to closing Letters of Credit, handling Open Accounts, and facilitating Supplier and Buyer Finance — this collaboration ensures seamless operations and enhances value for corporations banking through Aurionpro’s clients.
This acquisition will help to create a transaction banking platform by incorporating trade automation that leverages the Enterprise AI framework developed by Arya.ai, the AI-focused subsidiary of Aurionpro.
“This acquisition marks an important step for Aurionpro as we double down on our strategic focus to create the future of Trade Finance technology and significantly expand our functional coverage in Transaction Banking. We remain committed to staying ahead of the market in meeting the dynamic demands of our clients, ensuring their corporate clients receive best-in-class services,” said Ashish Rai, Global CEO of Aurionpro.
Aurionpro Solutions focuses on sectors such as Banking, Mobility, Payments, Insurance, Transit, Data Center Services, and Government Sectors. Aurionpro leverages Enterprise AI to globally deliver comprehensive technology solutions to over 300 clients worldwide. With a team of 2,800 professionals, Aurionpro offers deep domain expertise and IP-led offerings.
