Juniper Group has acquired Tagit, an award-winning digital banking solutions provider based out of Singapore, for an undisclosed amount. This acquisition marks a significant expansion for Juniper Group into the digital financial services sector.
Tagit is known for its Mobeix open API digital banking platform and a comprehensive suite of digital banking products. The company delivers best-in-class solutions, technology, and user experience for banks across Asia, Africa, and the Middle East. Its cloud-native, SaaS-deployable digital solutions enable financial institutions to efficiently process over $100 billion in transactions annually and significantly grow their online customer bases by offering scalable, secure, and personalized user experiences. The DBP banking suite provides out-of-the-box retail banking, corporate banking, family banking, and digital onboarding solutions, empowering mid-tier traditional and challenger banks to offer high-end functionality without costly in-house development teams. Tagit’s multi-language, multi-currency, and omnichannel technology is accessible across legacy and modern devices, available both on-premise and in the cloud.
This strategic acquisition enhances Juniper Group's portfolio by integrating Tagit's established digital banking platform and its deep expertise in financial technology. The move is expected to create synergies by combining Juniper Group's resources with Tagit's innovative solutions, allowing for a more comprehensive offering in the rapidly evolving digital banking landscape. Tagit's existing presence and client base in key growth markets across Asia, Africa, and the Middle East also provide Juniper Group with expanded geographical reach and access to new client segments.
The combined entity is poised to deliver advanced digital banking capabilities to a broader global client base, leveraging Tagit's scalable and secure technology. This acquisition aims to further support banks in their digital transformation journeys, providing robust and personalized user experiences across various devices and channels, and driving innovation in the financial services industry.