fintech / news / / The Tribune
Acquisition of key Texas and Brazil-based firm increases UST’s standing in the rapidly growing market for digital banking solutions and support services.
UST has acquired Texas-based fintech firm Tailwind Business Ventures, expanding its presence in South America.
KEY POINTS
- Tailwind adds over 220 employees globally, including operations in the US, Brazil, Sri Lanka, and Portugal.
- Tailwind's core offerings include AI-based digital banking solutions and modernization of legacy systems.
- Tailwind's established partnerships with providers like Temenos and Q2 will now enhance UST's platform value.
- The acquisition positions UST to target end-to-end banking transformation in LATAM, APAC, and Africa.
COMPANIES
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