Senacor acquires Finanteq to scale mobile and full-stack software development from Poland
Eschborn, 30 October 2023. Senacor Technologies AG grows internationally and acquires the Polish software company Finanteq S.A. This marks Senacor’s second acquisition within the last 24 months and expands the company staff to more than 1,000 employees. With 140 professionals, Finanteq develops mobile app solutions for leading financial institutions – complementing the existing client and service portfolio of Senacor.
“We see great potential in our clients by introducing the mobile and full-stack development capabilities from our new colleagues at Finanteq. This acquisition is a strong impulse to grow internationally,” said Andreas Werner, Management Board Member at Senacor.
“We are excited to combine our strengths and embark on a joint future with a broader service portfolio for all existing and new customers as well as a lot of new opportunities for our employees,” said Andrzej Sierpinski, Finanteq CEO.
Finanteq has been at the forefront of mobile app development since the rising iPhone and Android era. The company has built a high reputation and established long-term client relationships with large banks in Poland and the Middle East. Over the last two years, Finanteq has more than doubled its revenue – proving the exceptional value that the team delivers to its clients. Together with Senacor, the company will continue the growth path and expand its full-stack development capabilities in addition to the mobile app business.
About Finanteq S.A.
Finanteq is a software development company with a focus on mobile banking. The staff of 140 experienced software developers, testers, and business analysts works together with renowned clients in Poland and the Middle East.
About Senacor Technologies AG
Senacor is an IT services company with a focus on digital platforms in banking, insurance, automotive, and the public sector in the DACH region. The company supports clients in solution design, planning, software development, and management of large-scale transformation programs. Senacor projects annual sales of approx. € 250 million in 2023 and employs more than 1000 professionals.
Michael Richter, Presse@Senacor.com
Senacor Technologies AG, Düsseldorfer Straße 13, 65760 Eschborn, Germany
Management Board: Tobias Jünemann, Andreas Werner
Chairman of the Supervisory Board: Matthias Tomann
Commercial Register at Local Court of Frankfurt am Main: HRB 110482
Registered office: Eschborn