ACTICO and Axe Finance joins forces to build global credit software platform

By Divya Shah

ACTICO, a Germany-headquartered provider of credit risk management and automated decision-making software, has joined forces with UK-based credit and risk management software provider Axe Finance. 

Backed by private equity firm Keensight Capital, the deal brings together two credit technology vendors serving financial institutions and lenders. The combined business aims to offer a broader suite of solutions covering retail, SME, and corporate lending segments. 

ACTICO said its product portfolio by combining its credit risk management and decision automation capabilities with Axe Finance’s end-to-end credit platform. The company expects the move to enhance its ability to support banks and lenders navigating increasingly digital and regulated lending environments. 

Hans Jürgen Rieder, CEO of ACTICO, said, “Joining forces with Axe Finance marks a milestone in ACTICO’s journey, fuelling further growth and expansion into new markets. Axe Finance adds a complementary end-to-end credit platform, a broader geographic footprint and deep expertise in complex credit markets. Together, we strengthen our offerings to financial institutions and accelerate global expansion.” 

This also extends ACTICO’s geographic reach. While the company has an established presence across the DACH region and wider Europe, Axe Finance brings operations and customer relationships across the Middle East, Africa and Asia-Pacific markets. 

Dhafer Berrachid, founder and CEO of Axe Finance, said that the two companies share a common focus on providing mission-critical credit technology to financial institutions. 

“Together we form a stronger platform with the scale and reach to support banks and lenders in a more digital, regulated market, while sustaining our client focus and culture of innovation,” Berrachid said. 

Berrachid will continue to lead Axe Finance and play a key role in integrating the two businesses and supporting the development of the combined organisation. 

Stanislas de Tinguy, partner at Keensight Capital, said, “This move strengthens the Group’s product offering, expands its geographic footprint and enhances its operational capabilities. We are confident that ACTICO is well positioned to become theglobal leader in credit and compliance risk management software. ”