Cash & Liquidity ManagementPaymentsGresham acquires payments specialist B2 Group

Gresham acquires payments specialist B2 Group

The acquisition adds 15 new customers to the Gresham client base and gives the company an enlarged footprint in continental Europe.

Gresham Technologies has acquired the B2 Group, a provider of cash management and payment technology for corporates, insurers, banks and asset managers.

All B2 senior leadership and staff have joined Gresham, forming a team called Gresham Cash Management Solutions. The B2 Luxembourg office will become a hub for Gresham’s business in continental Europe.

The acquisition forms part of Gresham’s strategic plan to create ‘a global, enterprise financial technology business’ and adds cash management and payments integration to Gresham’s portfolio of Clareti applications. B2’s flagship Multi-Bank Integrator platform will be renamed as ‘Clareti Multi Bank’.

Ian Manocha, Gresham CEO, said the acquisition “strengthens our cloud capabilities and gives us a platform to further accelerate our growth”.

Phil Boland and Marc Binck, B2 Group co-founders, commented: “Joining with Gresham will enable us to take our innovative multi-bank solutions to a global market.”

Related Articles

Brexit could push payment terms over the edge for thousands of small businesses

Financial Supply Chain Regional Brexit could push payment terms over the edge for thousands of small businesses

24m Paul Christensen
Fraud and cybersecurity top list of treasury fears

Blockchain Fraud and cybersecurity top list of treasury fears

18h Austin Clark
Mixed response to JP Morgan’s digital currency launch

Banking Risk Management Mixed response to JP Morgan’s digital currency launch

1d Austin Clark
Windy City Summit

Expo Windy City Summit

2d Chicago
Treasury Leaders Summit 2019

Summit Treasury Leaders Summit 2019

2d
TEXPO 2019: The future is now

Expo TEXPO 2019: The future is now

2d Houston
Nordic Cash & Treasury Management 2019

Summit Nordic Cash & Treasury Management 2019

2d Stockholm
The future of clearing and settlement

Blockchain The future of clearing and settlement

4d Aaran Fronda