Accenture Invests US$12 Million in Swiss Payments Firm Imburse
by Fintechnews Switzerland June 25, 2021Accenture has made a strategic investment of US$12 million in Imburse, a Swiss cloud-based, payments-as-a-service enterprise platform that simplifies the way businesses around the world access the global payments ecosystem.
Imburse will join Accenture Ventures’ Project Spotlight—an immersive engagement and investment program aimed at connecting emerging technology startups with the Global 2000 to fill strategic innovation gaps.
Through the programme, Imburse will also have access to Accenture’s global innovation network and the opportunity to co-innovate with Accenture software engineers, system architects, and payments experts.
Founded in Zurich in 2018, Imburse works with global insurers, banks, and other large companies to easily connect outdated legacy systems to the global payments ecosystem through a single connection using application programming interfaces (APIs).
Imburse works with several multinational clients, including Generali Group.
Sulabh Agarwal
“Payments systems at many companies are being stressed by changing consumer preferences – challenging them to offer the latest digital payment options while maintaining efficient operations.
Imburse’s payments platform removes integration challenges and acts as the payments glue for organisations, fusing together all payments types including bank transfers, credit cards, and digital wallets, to offer the customer seamless, quick and secure experiences.”
said Sulabh Agarwal, who leads Accenture’s Payments group globally.
Featured image: Oliver Werneyer, CEO of IMburse AG
