Acquisition of IFAS by ProService Finteco

Acquisition of IFAS by ProService Finteco

The Management Board of ProService Finteco Sp. z o.o. would like to kindly inform that on 29 September 2017 we finalised another (third in this year) sales agency agreement, pursuant to which ProService Finteco Sp. z o.o. acquired IFAS Sp. z o.o.

IFAS Sp. z o.o. focuses its actions on accounting for close-end investment funds, capital companies and partnerships as well as comprehensive support of business activity of its Customers, among others, by assistance during company registration, servicing external auditors, representing before the State authorities.

The merger with IFAS Sp. z o.o is the next step in the consistent implementation of buy&build strategy announced in the second half of the last year, which is aimed at building a leader entity in the FinTech market and in the market of modern services for the financial sector.

With the existing transactions, i.e. by incorporating Aspartus and a part of Bonair and their integration into the structure of ProService Finteco, we developed our offer addressed to Customers from the insurance and banking industry.

Due to the merger with IFAS we expand the scale of our operations and win another part of the market in the segment of investment funds and accounting services.