Anvaraly Jiva, Founder & CEO of Linedata

Linedata, the France based global solutions and outsourcing services provider to the investment management and credit finance industries, has acquired Loansquare- a French digital lending startup which provides solutions for managing commercial loans and streamlining exchanges between borrowers and institutions.

“I am delighted to start 2019 with the acquisition of Loansquare, says Anvaraly Jiva, Founder and CEO of Linedata. “We are engaged in an ambitious process of enabling digital transformation and are thrilled to be able to integrate innovators from the start-up community.”

“Companies are constantly searching for digital solutions to manage their operations simply and efficiently. The complementarities between the Linedata and Loansquare platforms enables us to satisfy this need in a truly innovative way, connecting banks and borrowers with the same user experience and standards demanded by consumers in their dealings with institutions”, as François Lévy, the CEO of Loansquare remarked.

Apart from having a browser portal and a servicing portal, the Loansquare platform also provides novel diary, messaging and document management features.

“The Loansquare platform enables us to deliver innovative solutions in all our markets, in North America, Europe, Latin America and Africa, that support our clients in the transformation of their business models”, states Alain Mattei, Head of Lending and Leasing Europe at Linedata.

Loansquare, now, works in conjunction with Linedata CapitalStream, a global commercial loans origination and risk management platform, Linedata Uniloan360, a servicing platform for commercial and syndicated loans, and Linedata Ekip360, a global leasing and loans solution.

Linedata recently announced its teaming up with Trade Informatics (TI) to bring in the next generation of trading and pre-trade analytics beyond how the market has traditionally defined and imagined transaction cost analytics (TCA). The firm was also involved with the acquisition of QRMO, Gravitas, and release of a new version of CapitalStream lending and leasing solution.

Established in 1998, Linedata operates with 1300 employees catering to over 700 clients in 50 countries.

by Megha Bhattacharya
Market Analyst at IBS Intelligence