Aurionpro acquires Fintra, taps AI to redefine transaction banking

By Gloria Methri

Aurionpro Solutions has announced the acquisition of Hyderabad-based Fintra Software Private Limited in a strategic move to strengthen its transaction banking offerings. The deal involves a 100% stake purchase, encompassing all of Fintra’s intellectual property and resources.

This acquisition is set to deliver a fully integrated front-to-back solution for cash and trade management, significantly enhancing Aurionpro’s value proposition for corporate banks. The synergy between Aurionpro’s robust transaction banking solutions and Fintra’s strong back-end trade finance capabilities aims to address the evolving demands of modern banking.

A long-standing partner, Fintra’s trade finance back-end platform is already integrated with Aurionpro’s trade solution, currently used by leading banks across India, Southeast Asia, and the Middle East.

By unifying end-to-end trade processes — from issuing to closing Letters of Credit, managing Open Accounts, and enabling Supplier and Buyer Finance — the collaboration ensures seamless execution and improved efficiency for corporate clients.

The acquisition will also play a key role in developing a next-generation transaction banking platform, integrating advanced trade automation powered by the Enterprise AI framework from Arya.ai, Aurionpro’s AI-focused subsidiary.

“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,” said Ashish Rai, Global CEO of Aurionpro. “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.”

The news follows Aurionpro’s 2024 acquisition of Fenixys, a consulting firm providing capital markets services to leading banks and financial institutions across Europe and the Middle East. The transaction comprised an all-cash deal for the acquisition of the entire stake in Fenixys for 10 million Euros. The strategic move allowed Aurionpro to continue its geographical expansion into Europe by leveraging Fenixys’ over 10 years of experience partnering with financial institutions undertaking IT transformations and deep relationships with major banks across Europe and the Middle East.