Done Deals: BanqUP / Unifiedpost

Omnicap advises the shareholders of BanqUP on the sale to Unifiedpost

Sale

BanqUP - a renowned specialist in banking services - developed an application that allows you to map out future cash flow, taking into account all incoming and outgoing invoices and bank balances. This way you know how best to finance your company and you can take advantage of the solutions available on the market.

BanqUp has developed a platform that allows banks and financial companies to access the application programming interfaces (apis) of various European banks. That way they can develop their own solutions and apps. The company also has an office in Poland.

BanqUP will enable Unifiedpost to offer more open banking and data analysis opportunities to its SME customer base. With the integration of BanqUP capabilities, the Unifiedpost platform will have quick access to open banking ecosystems, enabling analysis of combined banking and document data that can be used for cash flow forecasts and other purposes.

Omnicap acted as advisor to the sellers.