Aquila perennially backs Giftsoft, global e-Banking payments and anti-fraud platform provider
TORONTO, CANADA – September 23, 2024 – Aquila today announced the acquisition of GIFTSOFT LLC (“Giftsoft”), best-of-breed payment automation and compliance, anti-fraud and anti-money laundering (AML) platform provider for the global banking and financial services industry.
Giftsoft has been a specialized provider of automated payment processing and regulatory compliance software designed to streamline operations for banks globally.
“We’re delighted to welcome Giftsoft,” stated Daniel Lee, CEO of Aquila. “Aquila is focused on honoring and amplifying Giftsoft’s brand promise to its clients, employees and partners. Giftsoft has a special team and exceptional reputation in its market and category. They are a tremendous addition to Aquila’s burgeoning global banking and fintech ecosystem.”
Jawaid Khan, Founder & President of Giftsoft said, “Giftsoft is pleased to combine forces with Aquila. Aquila is a perfect long-term partner for Giftsoft’s business, team and clients.”
Giftsoft will continue to support its customers and partners as an autonomous business unit of Aquila.
About Giftsoft
Giftsoft provides secure payments, anti-fraud, and anti-money laundering software and services for the global banking system. Its clients span around the world in all major financial hubs and include a number of the world’s largest financial institutions. This solution can be deployed in the Bank’s data center or third-party cloud hosting platforms across AWS, Azure or IBM. For more information: www.giftsoft.net
About Aquila
Aquila backs category leaders across software. With global institutional reach across finance and banking, lending, media and publishing, government, real estate and education, Aquila exists to help software operators build lasting companies through true permanent capital. Aquila is a division within Vela Software, and a wholly owned subsidiary of Constellation Software Inc. For more information: www.aquilasw.com
Contact:
Ben Dvoracek | Portfolio Manager | bdvoracek@aquilasw.com
Richard Hyun | SVP, Corporate Development | rhyun@aquilasw.com