Panamax Inc., a Bankai company, is making a strategic move for its core banking solution: Buying emergency IT

AHMEDABAD, India, 21 February 2023 /PRNewswire/ — Panamax Inc., a Bankai Company and global Fintech development leader, recently announced that it had acquired Acute Informatics, a digital core corporate banking and IT consulting firm in Ahmedabad. The acquisition is aimed at strengthening Panamax’s digital financial solutions and offering core digital banking solutions globally.

Panamax Inc., a Bankai company, acquires Acute Informatics Pvt.  Ltd.

Panamax Inc., a Bankai company, acquires Acute Informatics Pvt. Ltd.

The acquisition is critical to bringing the right teams together and bringing a cohesive group of experts to deliver enhanced digital financial solutions to millions of users globally. Panamax has invested in a state-of-the-art office to build a Digital Core Banking Centre-of-Excellence (CoE) for 500+ Acute Informatics employees and to meet the needs of 120+ global clients.

“We are excited to acquire Acute Informatics; it is a strategic move to expand our horizons and provide core banking solutions in the international space. The acquisition will initiate growth and success as the company has a strong track record of innovation, execution, operational excellence, and developing teams that drive results.” – Bankim BrahmbhattPresident and CEO, Panamax Inc.

“We are excited to join Panamax Inc. – the telecom and fintech industry leader for the past three decades. The merger will help our company expand our global footprint, drive excellence and scale our business.” – Chirag PatelCEO, Acute Informatics.

The acquisition is expected to result in greater efficiency in the core digital banking ecosystem and significantly increase the market share of the company.

About Panamax Inc.

Panamax is a global leader in providing Digital Financial Suite and Fintech solutions. MobiFin Elite, the digital financial solution from Panamax offers scalability and ease of use by merging mobile banking, agency banking, wallet, top-up and bill payment solutions into one interface.

Banking Suite from Panamax provides a holistic digital banking experience with innovative features for operational efficiency. It helps banks and financial institutions to offer modern banking services, facilitate online banking and reduce infrastructure costs.

About acute informatics

Acute Informatics Pvt. Ltd. is a digital core banking, fintech, project guidance and IT consulting company with multi-shore delivery capabilities.

They envision delivering value to customers worldwide using an efficient Global Delivery Model for Digital Banking, Cloud Computing, Fintech, Micro-Finance, Financial Inclusion, Systems Integration, Database Administration, System Administration, Implementation, Testing and Support .

Contact:

Panamax Inc.
Email: [email protected]
Telephone: +1 757 500 7062
Website: https://www.panamaxil.com/

SOURCE Panamax Inc. (A Bankai Company)

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *