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Budget Insight

sold to

Crédit Mutuel Arkéa

July 2019

 

About the Client

Budget Insight is a leading B2B account information and payment initiation service provider, offering an end-to-end platform for Open Banking enabling its clients to provide innovative financial services to end users. The company offers data aggregation services to more than 160+ clients and is connected to 300+ fintech, financial institutions and insurers globally.
 

About the deal

GP Bullhound acted as the exclusive financial advisor to Budget Insight on its sale to Crédit Mutuel Arkéa.
 

Quotes

Clément Coeurdeuil and Romain Bignon, co-founders of Budget Insight, commented: “During the sale process, GP Bullhound has really been able to understand and extract the fundamental value of Budget Insight. Like a jeweler polishes a raw diamond, GP Bullhound made sure the acquirer could understand all the possibilities that the acquisition would offer.”
 
Joy Sioufi, Director at GP Bullhound commented: “Working with Clément and Romain has been a great adventure, they have gathered an ambitious and determined team around them, best positioned to bring the company to the next level, backed by Arkéa’s ecosystem.”