Key facts
- CORA Group acquired Finastra's Phoenix Core System business.
- CORA Group acquired Finastra's Malauzai Digital Banking business.
- CORA Group acquired Finastra's Fusion Analytics business.
- Joe Gomez was named President.
CORA Group has completed the acquisition of three key business units from Finastra: the Phoenix Core System, Malauzai Digital Banking, and Fusion Analytics. The details of the transaction were not disclosed. Following the acquisition, Joe Gomez has been appointed as President. This move signifies a strategic expansion for CORA Group within the financial technology sector, integrating these acquired businesses into its portfolio.