OCS expands its reach into Spain and LATAM by acquiring a majority stake in Talentomobile, enhancing its offerings in the digital finance sector.

Target Information

OCS, a prominent Italian provider of proprietary software solutions for the retail finance sector, is primarily backed by private equity fund Charme Capital Partners. OCS has recently announced its acquisition of a majority stake in Talentomobile, a dynamic digital solutions company that specializes in advancing customer onboarding processes through innovative technology. Raúl Repiso, the founder and CEO of Talentomobile, will retain a minority stake in the company, structured through a put/call option mechanism.

Founded in 2014 and with offices in Madrid and Mexico City, Talentomobile has demonstrated impressive growth, boasting a 50% year-over-year increase. The company develops advancements focused on a mobile-first approach, integrating artificial intelligence, chatbots, and machine learning technology. Their solutions, particularly those that enhance digital customer onboarding with biometric authentication, are gaining prominence and play a vital role in the finance sector's push towards digital transformation.

Industry Overview in Spain

The financial technology (fintech) industry in Spain has seen exponential growth in recent years, positioning itself as a leading hub within Europe for digital financial services. With established players like Santander, BBVA, Caixa, and Bankinter leveraging fintech