G+D increases its stake in Netcetera to 95 percent
By Gloria Methri
Giesecke+Devrient (G+D) is expanding its digital portfolio in the financial platforms business by increasing its stake in the software company Netcetera.
In January 2024, G+D acquired further shares in Netcetera, increasing its stake to 95 percent. With this milestone, G+D is expanding its product portfolio in the areas of digital payment and digital banking.
In addition to this acquisition, the German company is also planning further targeted investments in innovative digital technologies and solutions in the future.
Netcetera develops and operates a comprehensive digital product and services portfolio for financial platforms. It includes solutions for web banking, mobile banking, financial advice, digital wallets, and e-commerce as well as service offerings for commercial banks, merchants, and providers of financial services. Netcetera’s digital offerings thus optimally complement and supplement G+D’s product portfolio in the financial platforms business.
Physical and digital payment experiences are increasingly converging and the desire for simple financial transactions that provide full control over personal data is growing. As a leading company for payment cards and digital payments, G+D combines secure payment technologies and trustworthy software solutions. The comprehensive portfolio of offerings in the financial platforms segment makes G+D a “one-stop shop” for providers of financial services in international markets.
“Digital banking and payments are strategic target markets in which we will continue to grow. Acquisitions, investments, and partnerships play a key role in this, both now and in the future,” explained Ralf Wintergerst, Group CEO of Giesecke+Devrient. “Our investment in Netcetera underlines this goal and is a good example of how G+D is successfully implementing its growth strategy and digital transformation.”
“We are pleased to be part of the G+D Group and to benefit from its global presence. As the market leader for software solutions in the DACH region, we are excellently positioned and strengthen G+D’s digital portfolio. We will continue to expand our leading role internationally and continue to provide our customers with innovative and scalable digital solutions in the future,” added Carsten Wengel, CEO of Netcetera.
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