Keensight Capital-backed ACTICO, a German-headquartered provider of credit risk management, regulatory compliance and asset administration software, is combining with UK-based Axe Finance to expand globally. Axe Finance serves more than 45 financial institutions across more than 29 countries through its Axe Credit Portal, a modular platform covering the full credit lifecycle with built-in artificial intelligence. The deal extends ACTICO's reach into the Middle East, Africa and Asia-Pacific, complementing its existing base in the DACH region and Europe.

Axe Finance founder and chief executive Dhafer Berrachid will continue to lead the business and help integrate it into the wider group. The combination pairs ACTICO's risk management and automated decision-making software with Axe Finance's credit platform to create a broader offering spanning retail, SME and corporate segments. Stanislas de Tinguy, partner at Keensight Capital, said the move strengthens the group's product offering, expands its geographic footprint and enhances operational capabilities, positioning ACTICO to become the global leader in credit and compliance risk management software.