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Tech Data acquires Finance Technology

Tech Data has acquired specialist platform provider Finance Technology, enhancing its ability to offer innovative and flexible technology-as-a-service (TaaS) solutions across the European region.

The Finance Technology platform enables partners to manage the TaaS process through the whole technology product lifecycle and connects directly to key players in the process, such as banks, buyback guarantors and trade-in partners, to deliver faster and more agile approval decisions.

Resellers, retailers and operators can seamlessly integrate the platform into their online or in-store environments as a white-label solution or using the platform API, allowing them to bring TaaS financing options to their customers with minimal investment. Partners can also benefit from enhanced up- and cross-selling opportunities as customers can easily opt for higher value products with additional accessories and services attached to the sale.

Senior Vice President, Endpoint Solutions, Europe Stephen Nolan, said: “The world is becoming more service driven and Tech Data is building a compelling and broad range of XaaS offerings to address this demand. The addition of Finance Technology is a further demonstration of Tech Data’s commitment to invest in digital capabilities that deliver improved experiences and greater agility for businesses across the technology ecosystem.”

www.techdata.com

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