Reply, a company founded in 1996 in Turin by a group of managers led by Mario Rizzanteacquired 100% of Fincon, a German consultancy firm active in digital transformation projects for the banking and insurance sector.
Replyis specialized in the design and implementation of solutions based on new communication channels and digital media: it supports companies and public administrations in the definition and development of business models linked to the paradigms of AI, Cloud Computing, Digital Media and IoT.
Based in Hamburg, Fincon on the other hand, it specializes in the development of solutions for mobile banking, payments, banking crm, the internal control system and compliance and insurance systems. Its clients include leading German banking and insurance institutions.
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Reply’s investment objective
The investment in Fincon is part of Reply’s international growth strategy, particularly in Germany. The founders and managing directors of Fincon join the Reply Group with the role of partner and will have the task of developing Fincon’s activities in Germany.
“With Fincon our goal – explained Mario Rizzante, President of Reply – is to expand Reply’s presence in the German banking and insurance sector, focusing, in particular, on digital transformation projects, an area in which all the main sector operators are concentrating most of their investments “.
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The strong commitment to people, culture and customer focus “that characterize Reply – added Frank Dünnleder, CEO of Fincon – fit perfectly into our corporate culture. As part of the Reply network, we can benefit from the innovative strength and creativity of the entire group, which will allow us to support our customers even better with cutting-edge solutions and services “.