Alvantia, leader in factoring and confirming software in Spain and Latin America, has been integrated into Finwave Iberia & Latam. Finwave Iberia & LatamThe Fibonacci Group company, which further expands its software portfolio and strengthens its international presence.
Founded in 2003 and headquartered in Madrid, Alvantia is recognized for its factoring and confirming software platforms, both modular and cloud-native, successfully implemented in leading banks and specialized financial institutions in Spain and Latin America.
The Fibonacci Group is backed by Apax Funds, aglobal fund that provides long-term equity financing to accelerate the growth of top-tier companies. This acquisition is part of Apax Funds’ strategy to create a leading fintech group in Europe, and joins the previously completed acquisitions that make up the Fibonacci Group: Finwave, OCS, Quid, Cabel and AltermAInd.
Alvantia represents a key piece in this strategy, reinforcing the group’s international presence and adding deep and solid software expertise in the strategic areas of factoring and confirming.
Roberto Gutiérrez, CEO of Alvantia, who will continue to lead the company and become a partner of Fibonacci Group, said, “For us, this transaction represents a unique opportunity to take our vision and expertise to the next level. Joining forces with Fibonacci Group will enable us to amplify our ability to deliver innovative solutions to our customers, backed by a solid infrastructure and global reach. We are excited about this new chapter, which combines the best of our agility and specialization with the resources and strategic vision of an industry leader.”
Manuel Muñiz-Morell, Finwave’s General Manager for Iberia and Latam, said, “We are delighted to partner with an exceptional entrepreneur like Roberto and we warmly welcome him and the rest of the Alvantia team to the group. This addition not only reinforces our position in financial software solutions, but also broadens our capabilities and strengthens our value proposition in Spain and Latin America, especially in the factoring and confirming verticals. Together, we will achieve greater commercial impact and drive long-term sustainable growth.”
