Pathena has invested in ebankIT, a Portuguese FinTech company, to support its international expansion and position it as a leading player in the digital banking sector.
Information on the Target
ebankIT is a Portuguese technology company founded in 2014, specializing in the development of digital platforms for the financial sector. It emerged from a spin-off of ITSector and is recognized for its omnichannel solutions that cater to diverse banking needs. With headquarters in Porto and an office in London, ebankIT has been pivotal in driving innovation in banking technology.
As a leader in the domain, ebankIT has earned accolades for its contributions to digital banking, exemplified by its recognition as 'Best of Show' at Finovate Europe in February 2023. This recognition underscores the company's commitment to delivering cutting-edge solutions that enhance customer experience and operational efficiency in financial services.
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Industry Overview in Portugal
The financial technology (FinTech) industry in Portugal has been experiencing significant growth, shaped by increasing digitalization and the demand for innovative banking solutions. As
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