Linedata, a global provider of credit and asset management technology, data and services, expanded its lending and leasing activities in Southern Europe with the acquisition of Audaxys in Portugal.

“The acquisition of Audaxys consolidates our position in Portugal, a territory of the future, open to the world and destined to be one of the key drivers of technological innovation globally, particularly in the financial sector, an industry of major local importance,” Jamil Jiva, global head of business development at Linedata, said. ” Its connections with the countries of the Portuguese-speaking world, particularly Brazil via the Portugal 2030 program, make it a key business location in Europe. As we did in Riga a few years ago for the asset management business, our ambition is to develop a center of excellence in Portugal dedicated to the credit business, based on the know-how of local teams. ”

“I am delighted by our merger with Linedata, a partner of international renown who shares our human values of caring employees and clients,” Miguel Rangel, chairman and CEO of Audaxys, said. “This alliance offers Audaxys and his teams new development perspectives in the credit business, as well as an even wider range of products and services to meet our clients’ needs. We are ready to face tomorrow’s challenges together with confidence and determination.”