Euroclear has acquired a 49 per cent stake in Inversis, a Spanish provider of investment technology solutions. The firm reveals in a press release that this is the first step in a “committed plan to full ownership” by the end of 2027. The strategic move was made to increase Euroclear’s pan-European coverage and accelerate the growth of Euroclear FundsPlace, its end-to-end funds platform solution.
The acquisition of Inversis follows that of fund distribution platform MFEX in 2021, investor platform technology provider Goji in 2023, and most recently, blockchain-based fund marketplace IZNES in March this year. Inversis is a subsidiary of Spanish investment bank Banca March offering services such as securities outsourcing, intermediation, and funds depository to financial institutions.
Euroclear CEO Valérie Urbain shared in a statement that Euroclear’s expanded coverage in Spain following this acquisition will play a part in its commitment to supporting the Capital Markets Union (CMU).
