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Kinective completes acquisition of Nexus Software to expand banking software solutions

PRIVATEJul 16, 2024

Acquiring Company

Kinective

Acquired Company

Nexus Software

GilbertChesterlandFinancial ServicesSoftwareFintechAnalyticsBanking

Description

Kinective, the leading provider of connectivity, document workflow, and branch automation software for the banking sector, has announced the acquisition of Ohio-based Nexus Software, a market leader in branch device management for financial institutions. This strategic acquisition strengthens Kinective's position as a market leader in banking software, driving transformation in retail operations and creating new avenues for international market expansion.

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Company Information

Company

Kinective

Location

Gilbert, Arizona, United States

About

Kinective is a leading provider of connectivity, workflow and analytics software for the banking sector. The company serves more than 2500 financial institutions with the largest integration library, including 80+ pre-built fintech integrations across myriad use cases.

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Frequently asked

Who acquired Nexus Software?

Nexus Software was acquired by Kinective, based in Gilbert. The deal was reported on July 16, 2024. Kinective is a leading provider of connectivity, workflow and analytics software for the banking sector. Kinective is privately held and operates in Financial Services.

When did Kinective acquire Nexus Software?

Kinective's acquisition of Nexus Software was reported on July 16, 2024. Kinective, the leading provider of connectivity, document workflow, and branch automation software for the banking sector, has announced the acquisition of Ohio-based Nexus Software, a market leader in branch device management for financial institutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Nexus Software do?

Nexus Software provides device management solutions for banking and retail point of sale specific devices. It is privately held, operating in Banking, and is based in Chesterland.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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