Finovifi completes acquisition of Modern Banking Systems to enhance AI-powered fintech solutions
Acquiring Company
Finovifi
Acquired Company
Modern Banking Systems
BirminghamOmahaFinancial ServicesArtificial IntelligenceFintechFinancial ServicesSoftwareFintechBankingDescription
Finovifi, a leading provider of AI-powered fintech solutions for community banks, has proudly announced its acquisition of Modern Banking Systems (MBS) headquartered in Omaha, Nebraska. This acquisition marks a significant milestone in Finovifi's mission to deliver cutting-edge, customer-centric solutions that empower banks to thrive in the modern financial landscape, reinforcing its commitment to innovation and customer success.
Quick answer
Finovifi is acquiring Modern Banking Systems, announced February 6, 2025. Finovifi is based in Birmingham, Alabama, United States.
- How much did Finovifi pay for Modern Banking Systems?
- The deal value was not disclosed.
- What does Finovifi do?
- Finovifi is a leading provider of AI-powered fintech solutions for community banks, committed to delivering flexible and innovative solutions that address the unique challenges faced by financial institutions.
- Where are Finovifi and Modern Banking Systems based?
- Finovifi is based in Birmingham, Alabama, United States. Modern Banking Systems is based in Omaha, Nebraska, United States.
- Who are the decision-makers at Finovifi?
- Fundz holds 1 contact at Finovifi. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Rocket Companies to acquire Redfin for $1.75B, $1.8B (March 10, 2025)
- German American Bancorp to acquire Heartland BancCorp (March 3, 2025)
- German American Bancorp, Inc. completes merger with Heartland BancCorp and Heartland Bank (February 3, 2025)
Who to call at Finovifi, and when
When Finovifi changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Modern Banking Systems?
Modern Banking Systems was acquired by Finovifi, based in Birmingham. The deal was reported on February 6, 2025. Finovifi is a leading provider of AI-powered fintech solutions for community banks, committed to delivering flexible and innovative solutions that address the unique challenges faced by financial institutions. Finovifi is privately held and operates in Financial Services.
When did Finovifi acquire Modern Banking Systems?
Finovifi's acquisition of Modern Banking Systems was reported on February 6, 2025. Finovifi, a leading provider of AI-powered fintech solutions for community banks, has proudly announced its acquisition of Modern Banking Systems (MBS) headquartered in Omaha, Nebraska. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Modern Banking Systems do?
Modern Banking Systems is a leading provider of core banking software solutions for community banks. We offer Service Bureau, Hosted, and In-house solutions-each with their own advantages and backed by exceptional client support service. It is privately held, operating in Financial Services, and is based in Omaha.
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