Accenture buys mobile payments start-up Mobgen
All sold
Accenture has acquired 100% of the shares in Amsterdam-based start-up Mobgen.
Mobgen says with Accenture it can expand its “end-to-end mobile approach”. The Dutch firm will be part of Accenture Digital, but will keep the same brand, culture and operate from its offices in Amsterdam, London, and A Coruña and Malaga in Spain. It has about 160 employees.
Mobgen’s customers include ABN Amro, De Nederlandsche Bank (central bank), Van Lanschot and Insinger de Beaufort (a wealth management arm of BNP Paribas).
Prior to the acquisition, Mobgen recently integrated Apple Pay software with the Shell Motorist App. It started working on the implementation last February and went live at the end of June 2016. Mobgen says Shell is the first gas company implementing a mobile payment solution in the UK.
Accent on Accenture
Recently, Eurobank Ergasias signed a ten-year agreement with Accenture to pursue a digital transformation of its subsidiaries in Romania, Bulgaria, Serbia and Ukraine. Accenture will help build a new platform for the bank, dubbed “Intelligent Infrastructure”.
New York-based Digital Asset Holdings, a developer of distributed ledger technology (aka blockchain), teamed up with Accenture, Broadridge and PwC. Digital Asset says it has entered into non-exclusive strategic business relationships with the companies, and Blythe Masters, CEO of Digital Asset, says the alliances will “accelerate innovation” and “drive growth”.
