SAP Fioneer completes the transition of its long-term shareholder base
Published on: 5 April 2023
Walldorf, and Munich, Germany – April 5, 2023 – Hasso Plattner Foundation and its affiliates (“HPF”) have sold all of their remaining shares in SAP Fioneer. In multiple transactions the remaining shares of HPF have been acquired by existing and new investors in SAP Fioneer, all of which are fully committed to the long-term strategy of SAP Fioneer. The ultimate owners of all investors are successful entrepreneurs and their families. To the extent applicable customary antitrust approvals for the consummation of certain transactions shall be obtained in the coming weeks.
About Hasso Plattner Foundation (www.plattnerfoundation.org/)
The Hasso Plattner Foundation is a non-profit foundation under German civil law that aims to accelerate the adoption of digital technologies through science and education, improve access to art and culture, and support environmental conservation by pursuing exclusively and directly charitable and benevolent purposes.
About SAP Fioneer
https://www.sapfioneer.com
SAP Fioneer was launched in 2021 as a joint venture between global technology leader SAP and entrepreneurial investor Dediq to become the world’s leading provider of financial services software solutions and platforms. With a broad ecosystem of partners, over 1,200 financial services customers and more than 1,300 employees, SAP Fioneer is a global business present in 17 countries across Europe, North and Latin America, Middle East and Asia-Pacific.
By combining the speed and agility of a start-up with the proven capabilities of a best-in-class software company, SAP Fioneer enables banks, insurance companies and challengers to run, transform and grow while meeting their need for speed, scalability, and cost-efficiency through digital business innovation, cloud technology, and solutions that cover banking and insurance processes end-to-end.
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