• News
08.11.2022

afb Application Services GmbH becomes part of the NAVAX group of companies

Together, afb and NAVAX form a reliable partner for companies that require a secure and sustainable digitization strategy and need proven, modular end-to-end solutions for their challenges in the credit, leasing and factoring business.

Munich, 08.11.2022 - afb Application Services GmbH, an expert in the digitalization of financing processes, has been a new member of the NAVAX Group, a specialist in the digitalization of business processes, since September 2022. This will create diverse added value for the customer base as well as new customers in the future.

By combining the expertise of afb and NAVAX, a more powerful presence on the market is possible. From now on, our customers will benefit from more than 300 experts who develop state-of-the-art software solutions and also offer industry-specific advice. A team of over 160 specialists from afb and NAVAX FSI will now take care of business in the financial services sector.

The HENRI product solutions from NAVAX and afb-CMS, which are successfully used by many companies, will remain an integral part of the portfolio and will be further developed together in the future. The Buy & Built strategy and the one-stop store approach, which are highly valued by customers, will also be continued. The broader service portfolio is open to both existing and new customers at all times. Existing contacts will remain unchanged, including teams working on ongoing projects. Continuity and transparency remain important pillars of afb Application Services' customer support and communication.

"We are pleased about this development step and look forward to being part of the NAVAX Group and to contributing our IT solutions for the credit, leasing and factoring business as well as our innovative strength, technological expertise and specialized consulting services as the original fintech with more than 25 years of experience in the market. Together, we will be able to offer financial service providers even more comprehensive services in the future," explains Gerolf Dienhold, Managing Director and co-founder of afb Application Services GmbH.

"I am looking forward to working with afb, as this will enable us to expand our expertise in the financial services sector and provide our customers with even better support," says Oliver Krizek, Managing Director of the NAVAX Group. "With the help of afb, we are successfully continuing our growth course in the DACH region," adds Krizek.

"We can now bundle our sales activities and further expand our market presence. The expertise of the NAVAX group of companies will also benefit our customers in the future, who have so far primarily entrusted afb with their financing processes," confirms Philipp Oberleitner, Managing Director of afb Application Services GmbH.

Together, afb and NAVAX remain a reliable partner for companies that require a secure and sustainable digitization strategy and need proven, modular end-to-end solutions for their challenges in the credit, leasing and factoring business.

For more information read here