Aryza acquires Axcess Consulting to expand APAC market reach
Aryza Group has announced the successful acquisition of Axcess Consulting, an Australian headquartered provider of loan management software to blue chip financial services companies across various regions including Australia, the UK, Ireland, Asia, and Canada.
Axcess, founded in Geelong in 1991, offers a scalable SaaS platform to assist non-bank lenders in managing loan origination, underwriting, servicing, and investment portfolio management. This acquisition aims to expand Aryza's reach in the Asia-Pacific (APAC) region and facilitate the cross-selling of Aryza’s broader lending and debt management software solutions.
The acquisition of Axcess marks Aryza’s ninth acquisition since 2019, underscoring its mission to become a leading global provider of software solutions across the entire credit-debt lifecycle. Aryza believes this move will enable existing Axcess customers to benefit from Aryza’s product innovations within its loan management software division, as well as the group’s global reach.
Ivan Colak, CEO at Axcess, commented on the acquisition, “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 complements Axcess but could also act as custodians for what we had built.”
He further added, “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, also expressed enthusiasm about the acquisition, stating, “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.”
Aryza has built a strong end-to-end proposition targeting administratively intense, regulated, and data-driven processes across lending and debt management. By doing so, the company aims to deliver significant gains in efficiency and effectiveness for its clients. With this new acquisition, Aryza looks forward to driving growth and innovation in the financial services industry across Australia.
