Vision Blue acquires Cardiff-based SamePage
Vision Blue, the regtech for credit and debt recovery sectors, has acquired Cardiff-based fast growth fintech company SamePage Group, provider of loan origination software platforms.
Financial details for the transaction remain undisclosed.
The acquisition of SamePage by Vision Blue comes after a recent partnership that saw both companies deliver a full lifecycle Loan Origination and Account Management System (LMS) for the Green Deal Finance Company (GDFC).
Colin Brown, managing director at Vision Blue says: “Lenders are increasingly transitioning from cumbersome and inflexible legacy lending platforms to newly developed digital cloud-based solutions utilising current technologies and methodologies.
“SamePage’s entirely digital application and loan management solution enables customers to quickly deploy and easily maintain their lending products and processes whilst adapting and meeting regulatory requirements,” Brown adds.
The addition of SamePage to the Vision Blue portfolio gives the Dublin-based company access to an experienced team of financial services experts and new technology, which will enable it to deliver new lending solutions and consultancy services to the lending market within the UK, Europe and overseas.
SamePage will continue to be based in Cardiff and will expand its current business and technical resources to build on the success of the business.
VisionBlue invested in Canada-based UBERbase in December 2018.
