Capzanine has announced the sale of its minority stake in Finance Active, a digital finance solutions provider, to Cathay Capital. The transaction also involves a major investment from Jacques Descourtieux and Patrice Chatard, the Founders, as well as a buy-in from new key managers.
Founded in 2000 in Paris, Finance Active and its 150 employees provide SaaS-based digital solutions to improve debt management and financial risks performances. The Company paves the way for greater digital transformation in finance through cutting-edge technologies and a strong emphasis on user-friendly processes. Its more than 10,000 users on 5 continents include businesses ranging from private SMEs to global multinationals and from local authorities to financial institutions in France and around the world.
Its activities are particularly focused on debt management with 750 billion euros under supervision, though the Company also provides guarantee, leasing and forex digital management tools. Its innovative software solutions enable a centralized and accurate view of outstanding financing instruments permanently connected to the financial markets, simulations, regulatory reports, key indicators and personalised support.
Finance Active has established solid expertise and innovative R&D to polish its services over many years. It now stands competitively positioned to increase its share of the global digital debt, guarantee and FX management market.
Capzanine supported the development of Finance Active by leveraging its extensive expertise in technology and SaaS, by strengthening its governance model, by identifying growth opportunities and by transforming the company business model from “Software as a Service” to “Platform as a Service”.
Jacques Descourtieux and Patrice Chatard, co-CEOs of Finance Active, says: “We are delighted to join forces with Cathay Capital. Over the years we have earned the trust and recognition of a broad range of businesses and sharpened our expertise to the point that we feel confident our global expansion can now successfully accelerate thanks to Cathay’s know-how and unique platform.”
Maxence Radix, Managing Partner at Capzanine, says: “Active Finance is now at the forefront of the digital transformation of finance. We are very happy to have partnered with Finance Active in the first phase of its transformation and to have participated in the acceleration of its initial development.”
