{"id":565708,"date":"2024-12-17T05:53:53","date_gmt":"2024-12-17T04:53:53","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=565708"},"modified":"2024-12-17T05:53:53","modified_gmt":"2024-12-17T04:53:53","slug":"fis-set-to-acquire-uk-fintech-demica-in-300m-deal","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/","title":{"rendered":"FIS set to acquire UK FinTech Demica in $300m deal"},"content":{"rendered":"

\"FIS<\/p>\n

US banking and PayTech giant FIS has reportedly signed a $300 million deal to acquire London-based FinTech Demica<\/a>, several media reports stated on Monday.<\/p>\n

Founded in 1992, Demica offers a cloud-based supply chain finance powering the trade finance programme for large trade banks and corporations. The solution integrates with multiple bank payment gateways to automate real-time payments in over 30 countries.<\/p>\n

The deal, announced last week, could have significant implications for the supply chain finance (SCF) sector. FIS, a Fortune 500 company, offers more than 500 solutions, processing over $75 billion in transactions globally.<\/p>\n

Acquired a decade ago by the JRJ Group, TomsCapital, and 76 West Holdings from the Huber Corporation, Demica has expanded into one of the leading providers of supply chain finance (SCF).<\/p>\n

Its platform manages over 52 million open invoices at any point in time, enabling the delivery of large complex programmes across the full spectrum of supply chain finance products, including trade receivables finance and securitisation, payables finance and dynamic discounting.<\/p>\n

Demica bolsters FIS\u2019s product portfolio<\/h5>\n

FIS, which currently serves 95% of global banks<\/a> and numerous corporations with its treasury, payments, and working capital solutions, has so far lacked a dedicated SCF offering. With the global SCF market valued at approximately $1 trillion\u2014and Demica managing around $40 billion\u2014this acquisition presents a significant opportunity for FIS to scale rapidly and secure a larger portion of the expanding market.<\/p>\n

This development follows Demica\u2019s recent announcement that its assets under administration have surpassed $40 billion. The company credits its growth to strategic partnerships with top trade banks, such as HSBC, Credit Agricole, Standard Chartered, ING, BBVA, Lloyds Bank, Afreximbank, and Commercial Bank of Dubai. These collaborations have fueled Demica\u2019s momentum as banks continue to initiate new programs and transfer existing assets onto its platform.<\/p>\n","protected":false},"author":35737,"featured_media":537329,"parent":0,"template":"","categories":[42175],"tags":[25671,43825,11515,13132,44407,24699,43338,25636,11611,11406,11416,27048],"class_list":["post-565708","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-trade-finance","tag-acquisition-news","tag-demica","tag-fintech","tag-fis","tag-payables-finance","tag-receivables-finance","tag-scf-solutions","tag-securitisation","tag-supply-chain-finance","tag-uk","tag-usa","tag-working-capital-solutions"],"acf":[],"yoast_head":"\nFIS set to acquire UK FinTech Demica in $300m deal<\/title>\n<meta name=\"description\" content=\"US FinTech giant FIS has reportedly signed a $300 million deal to acquire London-based FinTech Demica, several media reports stated\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FIS set to acquire UK FinTech Demica in $300m deal\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"IBS Intelligence\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/07\/ibs_FIS.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@IBSIntelligence\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/\"},\"author\":{\"name\":\"Gloria Methri\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/e1e5ce9fc74bf62e33b38bcad8436aa1\"},\"headline\":\"FIS set to acquire UK FinTech Demica in $300m deal\",\"datePublished\":\"2024-12-17T04:53:53+00:00\",\"dateModified\":\"2024-12-17T04:53:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/\"},\"wordCount\":298,\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/07\/ibs_FIS.jpg\",\"keywords\":[\"Acquisition News\",\"DEMICA\",\"FinTech\",\"FIS\",\"Payables Finance\",\"Receivables Finance\",\"SCF solutions\",\"securitisation\",\"Supply Chain Finance\",\"UK\",\"USA\",\"Working Capital Solutions\"],\"articleSection\":[\"Trade Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/\",\"url\":\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/\",\"name\":\"FIS set to acquire UK FinTech Demica in $300m deal\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/07\/ibs_FIS.jpg\",\"datePublished\":\"2024-12-17T04:53:53+00:00\",\"dateModified\":\"2024-12-17T04:53:53+00:00\",\"description\":\"US FinTech giant FIS has reportedly signed a $300 million deal to acquire London-based FinTech Demica, several media reports stated\",\"breadcrumb\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#primaryimage\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/07\/ibs_FIS.jpg\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/07\/ibs_FIS.jpg\",\"width\":400,\"height\":400,\"caption\":\"IBS Intelligence - FIS expands its wealth management offerings in the UK with new pension services\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ibsintelligence.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FIS set to acquire UK FinTech Demica in $300m deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ibsintelligence.com\/#website\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"name\":\"IBS Intelligence\",\"description\":\"Financial Technology News & FinTech Research\",\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ibsintelligence.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ibsintelligence.com\/#organization\",\"name\":\"IBS Intelligence\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png\",\"width\":299,\"height\":80,\"caption\":\"IBS Intelligence\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\",\"https:\/\/x.com\/IBSIntelligence\",\"https:\/\/www.instagram.com\/ibsintelligence\/\",\"https:\/\/www.linkedin.com\/company\/ibs-intelligence\/\",\"https:\/\/www.youtube.com\/channel\/UCLkzPazySerR8DzKFeFFGmw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/e1e5ce9fc74bf62e33b38bcad8436aa1\",\"name\":\"Gloria Methri\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/544219a42cef0865d1a26b3b7e8185306b00af0346c7a20661f3a926b839172e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/544219a42cef0865d1a26b3b7e8185306b00af0346c7a20661f3a926b839172e?s=96&d=mm&r=g\",\"caption\":\"Gloria Methri\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"FIS set to acquire UK FinTech Demica in $300m deal","description":"US FinTech giant FIS has reportedly signed a $300 million deal to acquire London-based FinTech Demica, several media reports stated","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/","og_locale":"en_US","og_type":"article","og_title":"FIS set to acquire UK FinTech Demica in $300m deal","og_description":"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.","og_url":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/","og_site_name":"IBS Intelligence","article_publisher":"https:\/\/www.facebook.com\/ibsintelligence.cmc\/","og_image":[{"width":400,"height":400,"url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/07\/ibs_FIS.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@IBSIntelligence","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#article","isPartOf":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/"},"author":{"name":"Gloria Methri","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/e1e5ce9fc74bf62e33b38bcad8436aa1"},"headline":"FIS set to acquire UK FinTech Demica in $300m deal","datePublished":"2024-12-17T04:53:53+00:00","dateModified":"2024-12-17T04:53:53+00:00","mainEntityOfPage":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/"},"wordCount":298,"publisher":{"@id":"https:\/\/ibsintelligence.com\/#organization"},"image":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#primaryimage"},"thumbnailUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/07\/ibs_FIS.jpg","keywords":["Acquisition News","DEMICA","FinTech","FIS","Payables Finance","Receivables Finance","SCF solutions","securitisation","Supply Chain Finance","UK","USA","Working Capital Solutions"],"articleSection":["Trade Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/","url":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/","name":"FIS set to acquire UK FinTech Demica in $300m deal","isPartOf":{"@id":"https:\/\/ibsintelligence.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#primaryimage"},"image":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#primaryimage"},"thumbnailUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/07\/ibs_FIS.jpg","datePublished":"2024-12-17T04:53:53+00:00","dateModified":"2024-12-17T04:53:53+00:00","description":"US FinTech giant FIS has reportedly signed a $300 million deal to acquire London-based FinTech Demica, several media reports stated","breadcrumb":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#primaryimage","url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/07\/ibs_FIS.jpg","contentUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/07\/ibs_FIS.jpg","width":400,"height":400,"caption":"IBS Intelligence - FIS expands its wealth management offerings in the UK with new pension services"},{"@type":"BreadcrumbList","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/fis-set-to-acquire-uk-fintech-demica-in-300m-deal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ibsintelligence.com\/"},{"@type":"ListItem","position":2,"name":"FIS set to acquire UK FinTech Demica in $300m deal"}]},{"@type":"WebSite","@id":"https:\/\/ibsintelligence.com\/#website","url":"https:\/\/ibsintelligence.com\/","name":"IBS Intelligence","description":"Financial Technology News & FinTech Research","publisher":{"@id":"https:\/\/ibsintelligence.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibsintelligence.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibsintelligence.com\/#organization","name":"IBS Intelligence","url":"https:\/\/ibsintelligence.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/","url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png","contentUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png","width":299,"height":80,"caption":"IBS Intelligence"},"image":{"@id":"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ibsintelligence.cmc\/","https:\/\/x.com\/IBSIntelligence","https:\/\/www.instagram.com\/ibsintelligence\/","https:\/\/www.linkedin.com\/company\/ibs-intelligence\/","https:\/\/www.youtube.com\/channel\/UCLkzPazySerR8DzKFeFFGmw"]},{"@type":"Person","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/e1e5ce9fc74bf62e33b38bcad8436aa1","name":"Gloria Methri","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/544219a42cef0865d1a26b3b7e8185306b00af0346c7a20661f3a926b839172e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/544219a42cef0865d1a26b3b7e8185306b00af0346c7a20661f3a926b839172e?s=96&d=mm&r=g","caption":"Gloria Methri"}}]}},"_links":{"self":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/ibsi_news\/565708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/ibsi_news"}],"about":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/types\/ibsi_news"}],"author":[{"embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/users\/35737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/media\/537329"}],"wp:attachment":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/media?parent=565708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/categories?post=565708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/tags?post=565708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}