Lionstreet Group AG Trade finance platform Liquidity Hub acquired by trade finance specialist
This brings further consolidation that continues to show no signs of stopping in the trade finance market.
ZURICH, SWITZERLAND, June 9, 2022 /EINPresswire.com/ — Trade Finance Platform Liquidity Hub acquired by Trade Finance Specialist.
Lionstreet AG, based in Switzerland, announced its successful exit from the “Adamantlane” project to become a leader in global payments solutions.
After an unprecedented investment in digitizing business finance and outdated processes, SAP acquired Taulia earlier this year. This brings further consolidation that continues to show no signs of stopping in the trade finance market.
The acquirer said it will further strengthen its global offering of financial services and products
Adamantlane started in 2019 with a mission to deliver a cohesive system of automation, performance, transparency and reliability to the trade finance market. It offers a leading platform in the digitization of corporate capital and liquidity management.
Through its Liquidity Hub platform (co-innovated with SAP), its goal was to improve the experience in the trade finance industry by increasing the speed, transparency and predictability of market risk, and then completely digitizing the end-to-end trade finance process.
The strategic acquisition sees senior management remain at the Liquidity Hub and growth plans will be accelerated under the new owner.
A representative from Transact commented.
“Last week, I was delighted to complete a transaction in which Raglan Capital, together with lifelong partner BCM Limited, acquired a majority stake in AdamantLane AG. AdamantLane is a Swiss-based company with further operations in Germany Over the past few years with its LiquidityHub platform, it has developed the most exciting enterprise working capital and liquidity management technologies available worldwide, and it has a management team very strong, and I’m incredibly excited to work with them to build on the success they’ve already begun to enjoy.”
About Lion Street
Lion Street Group AG is an independent management and holding company. He mainly focuses on private market investments, including its digitization and structuring.
Marc Clapasson Partner Lionstreet Group
We have successfully navigated and onboarded Liquidity Hub to its new owners. We are delighted to see that the core team will remain at the Liquidity Hub to complete the integration and drive growth in the critical supply chain finance market.
The journey to get Liquidity Hub & Adamantlane to its acquisition has given us a fantastic journey. And this trip provided valuable insight into Lionstreet’s next project, which the management team will announce to the market shortly.
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