Excited about UniCredit’s announcement that it has entered into a binding agreement for the acquisition of Vodeno and Aion Bank (pending regulatory approval). With Aion/Vodeno UniCredit usher in a new realm of tech development and digital banking, where they can leverage both companies as a sandbox for a number of new innovations and quickly enter strategic markets, they acquire:
- Vodeno’s proprietary, blockchain-based, cloud-native platform
- Comprehensive suite of BaaS products that are scalable and flexible
- In Aion, a nimble digital bank, with a home Belgian licence and branches in Poland, Germany, Sweden
- The combination of Aion/Vodeno gives a competitive advantage because we are able to deliver BaaS in a more efficient and compliant way vs other competitors
- And, of course, talent across both teams
Read the full press release here: UniCredit announces investment in Vodeno and Aion Bank acquiring