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Jack Henry acquires Victor Technologies for PaaS

PUBLIC · JKHYOct 01, 2025

Acquiring Company

Jack Henry & Associates

Acquired Company

Victor Technologies

MonettFinancial ServicesFinanceFintechLendingBankingFinancial ServicesFinanceFintechLendingBanking

Description

Jack Henry & Associates Inc. has announced the acquisition of Victor Technologies, a provider of embedded payments solutions, from MVB Financial Corp. This acquisition aims to enhance Jack Henry's capabilities in the Payments-as-a-Service (PaaS) market. Victor's services will enable Jack Henry's clients to offer improved embedded payment solutions to fintechs and commercial customers. The transaction is expected to be minimally dilutive to Jack Henry's GAAP EPS for the next fiscal periods.

Quick answer

Jack Henry & Associates is acquiring Victor Technologies, announced October 1, 2025. Jack Henry & Associates is based in Monett, Missouri, United States.

How much did Jack Henry & Associates pay for Victor Technologies?
The deal value was not disclosed.
What does Jack Henry & Associates do?
Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services for the financial services industry.
Where are Jack Henry & Associates and Victor Technologies based?
Jack Henry & Associates is based in Monett, Missouri, United States.

Source: Fundz verified event record.

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Company Information

Company

Jack Henry & Associates

Location

Monett, Missouri, United States

About

Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services for the financial services industry. The company primarily serves banks and credit unions, offering a range of products including core processing systems, digital banking solutions, and payment processing services. Geographically, it focuses on the United States market, catering to institutions of various sizes from community banks to larger financial organizations. With a strategic emphasis on enhancing digital banking capabilities and payment solutions, the company aims to support its clients in navigating the evolving financial landscape. Jack Henry continues to innovate with recent advancements in technology to improve operational efficiency and client satisfaction.

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Frequently asked

Who acquired Victor Technologies?

Victor Technologies was acquired by Jack Henry & Associates, based in Monett. The deal was reported on October 1, 2025. Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services for the financial services industry. Jack Henry & Associates is publicly traded (JKHY) and operates in Financial Services.

When did Jack Henry & Associates acquire Victor Technologies?

Jack Henry & Associates's acquisition of Victor Technologies was reported on October 1, 2025. Jack Henry & Associates Inc. has announced the acquisition of Victor Technologies, a provider of embedded payments solutions, from MVB Financial Corp. This acquisition aims to enhance Jack Henry's capabilities in the Payments-as-a-Service (PaaS) market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Victor Technologies do?

Victor Technologies, Inc. provides banking technology solutions that simplify direct Bank-Fintech partnerships. It offers APIs that help technology companies embed financial solutions into their products. It is privately held, operating in Financial Services.

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