Synechron acquires Australia-based financial technology company Attra

Monday 14 December 2020 14:13 CET | News

Synechron, a digital transformation consulting firm for the financial services industry, has acquired Attra, an Australia-based technology services and solutions provider.

The Australian company is focused on the banking, finance, and payments industries, and has a global delivery footprint in Australia, New Zealand, North America, Europe, the Middle East, and APAC. It has development centres in Melbourne, Australia; Dubai, UAE; and Bengaluru, Hyderabad, and Pune, India.

Attra's cards and payments services complement the digital, consulting, and technology services that Synechron currently provides for its clients. Attra's core offerings serve segments such as FI and payment companies, Third-party Payment Processors, and payment gateways, retailers.

Post-acquisition, Attra will retain its brand identity but become a Synechron company. Attra's global team of around 2,000 technology experts in the banking and payments domains will add to Synechron's pool of talent. Terms of the deal have not been disclosed. Avendus Capital is Attra's financial advisor on this transaction.

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Keywords: FI, payment companies, Third-party Payment Processors, payment gateways, retailers, acquisition, Australia, Attra
Categories: Payments & Commerce
Countries: Australia
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Payments & Commerce

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