CSI, a leading provider of end-to-end financial software and technology, announced its definitive agreement to acquire Apiture, an award-winning provider of digital banking solutions to U.
S. financial institutions.
The acquisition aims to create an integrated ecosystem of scalable technologies for financial institutions, regardless of their core provider. Through the integration of Apiture’s capabilities, the combined entity will enable financial institutions to personalize customers’ digital experiences with enhanced data and analytics, and provide proactive financial guidance.
Nancy Langer, President and CEO of CSI, stated that the acquisition aligns with a customer-first approach to financial innovation. She emphasized that integrating Apiture’s industry-leading capabilities, particularly in business banking, will create a more robust platform. This platform is designed to empower community financial institutions to compete and grow by delivering the necessary scale, speed, and innovation, while maintaining a relationship-driven service model.
Apiture’s digital business and consumer banking platform, which includes account onboarding, open banking, and data and analytics capabilities, is expected to solidify community and regional financial institutions’ positions as primary financial relationships for their customers.
Chris Babcock, CEO of Apiture, expressed excitement about joining CSI, highlighting the opportunity to bring their digital banking solutions to a broader audience supported by CSI’s financial technology ecosystem. He noted that the collaboration aims to build solutions that meet current digital banking needs and anticipate future opportunities for community and regional financial institutions to strengthen their market positions.
This acquisition represents a further step in CSI’s strategy to develop a comprehensive financial technology offering that supports the entire account holder lifecycle. It follows CSI’s 2023 acquisition of Hawthorn River, a loan origination platform for community banks, and its 2024 acquisition of Velocity Solutions, a provider of tools for deposit growth, customer engagement, and liquidity management. CSI intends to integrate core banking, digital banking, customer engagement, and lending into a single, unified platform.
The closing of the acquisition is subject to customary closing conditions, including regulatory approvals, and is anticipated to be completed in the fourth quarter of 2025. Goldman Sachs & Co. LLC served as financial advisor to Apiture, with Wyrick Robbins Yates & Ponton LLP providing legal counsel. Kilpatrick Townsend & Stockton LLP served as legal counsel to CSI.
