Aryza acquires Axcess Consulting
Aryza Group, a leading provider of financial software solutions, has acquired Axcess Consulting Pty Ltd (“Axcess”), an Australian headquartered provider of loan management software to blue chip financial services companies across Australia, UK, Ireland, Asia and Canada.
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Founded in Geelong in 1991, the Axcess platform is a scalable SaaS offering designed to help, non-bank lenders manage loan origination, underwriting, servicing and investment portfolio management using a single consolidated platform.
Aryza’s acquisition of Axcess will expand its reach in the APAC region, a geography with significant potential for further expansion and cross-selling of Aryza’s broader lending and debt management software solutions. Existing Axcess customers will benefit from being part of the Aryza group, tapping into the product innovation within Aryza’s existing loan management software division as well as the group’s global reach.
The transaction, which is Aryza’s 9th acquisition since 2019, supports its mission to be the leading global provider of software solutions across the entire credit-debt lifecycle. Aryza has built a strong end-to-end proposition targeting administratively intense, regulated and data driven processes across lending and debt management, delivering significant gains in efficiency and effectiveness for its clients.
Ivan Colak, CEO at Axcess commented, “As the owners, we have always tried to create an environment where our team members felt the same sense of ownership of the Axcess platform and our loyal customers, as we did. We were motivated to find a company such as Aryza, who had a business strategy and strength that compliments Axcess but could also act as custodians for what we had built.”
“We could not be more excited for the future growth and opportunities provided by Aryza for the Axcess platform and the benefits it will bring to our valued partners.”
Colin Brown CEO at Aryza commented, “This strategic move aligns perfectly with our mission to expand our global footprint and deliver innovative financial solutions to a wider audience. Axcess Consulting's expertise and local market knowledge complement Aryza's technological capabilities, creating a powerful synergy that will enhance our service offerings and provide greater value to our clients. We look forward to driving growth and innovation in the financial services industry across Australia.”