Bendigo And Adelaide Bank Buys Ferocia For Au 116M As It Expenses Increase In Fy21
Under the deal, Bendigo will acquire 100% of the shares in Ferocia, which will see the two companies consolidate the ownership of their digital banking app, Up. Since its inception in 2018, Up has been operating under a collaboration model between Ferocia and Bendigo and Adelaide Bank. The bank has also been working with the fintech firm for the last nine years on building Bendigo’s e-banking app and internet banking platform....