About Ind Group
Ind Group is a Financial Services company based in Munchen (Germany) founded in 1997, and was acquired by Finastra in February 2014. Digital channel solutions are provided to retail banks. Ind Group has raised $5.56 million across 1 funding round from investors including Finastra and Euroventures. The company was acqui-hired. Its focus areas include FinTech, Banking Tech, Banking Channels and Omnichannel.
Company details
IND Group was founded in 1997 and is headquartered in Munich, Germany. Banking front office software is developed and supplied by the company within the fintech sector. Solutions encompass online and mobile banking platforms, personal finance management tools, and payment systems. These digital channels are tailored for retail banks to support customer-facing operations across Europe.
- Headquarters Munchen, Germany
- Stage Acquired
- SectorsFinancial Services
- Website indgroup.eu
- Social LinkedIn X Facebook
- Acquired by Finastra (Feb 2014)
Funding Insights of Ind Group
Ind Group has successfully raised a total of $5.56M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $5.56 million completed in September 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5.56M
- Total Rounds 1
- Last Round Private Equity Round — $5.56M
- First Round $5.56M
(Sep 2007)
- Investors Count 1
All 1 funding rounds of Ind Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2007 | $5.56M | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Ind Group
Ind Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Finastra and Euroventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made by Euroventures in early-stage tech startups. | euroventures.vc | Budapest, Hungary | ||
Financial software solutions for lending, payments, and banking are provided. | 2017 | finastra.com | London, United Kingdom |
Investor details for Ind Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Ind Group
3 dated milestones of Ind Group across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Ind Group is founded.
- Funding First funding round of $5.6M.
- Exit Acquired by Finastra.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Ind Group
Ind Group was founded in 1997 and raised its 1st funding round 10 years after it was founded.
Ind Group is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Ind Group is a funded company, having raised a total of $5.56M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $5.56M, raised on Sep 2007.
IND Group was founded in 1997 and is headquartered in Munich, Germany. Banking front office software is developed and supplied by the company within the fintech sector. Solutions encompass online and mobile banking platforms, personal finance management tools, and payment systems. These digital channels are tailored for retail banks to support customer-facing operations across Europe.
Ind Group has 2 investors. Key investors include Finastra, and Euroventures.
Yes. Ind Group was acquired by Finastra in February 2014.