BCA AG has acquired 100% stake of Frankfurt based asuro GmbH. The fintech company will bring in-house software know-how as well as manpower to the BCA for future technical projects.
With the takeover of the fintech, the broker service provider underlines its objective of securing a market-leading position in the competition of the pools.
The provision of optimal digital data and process platforms is increasingly becoming a key competitive factor in a consolidating market environment. Leading influencing factors for brokerage pools are the two factors "time" and "IT capacities" in particular. With the purchase of asuro GmbH, BCA AG decided to equip its in-house IT development work with exactly this additional capacity.
As a wholly owned subsidiary of BCA AG, asuro remains an independent brand with its own business model. In this regard, former managing director Carlos Reiss will bring in his more than 30 years of industry expertise and market experience to the BCA Group.
The new technical offers will also contribute to relieving the advisory life of broker partners in all facets in the best possible way.