Bank-Verlag acquisition completed: G+D Netcetera strengthens position in German banking market

Carsten Wengel, CEO of G+D Netcetera, takes interim leadership of the new business unit alongside Sascha Kraatz, who continues from the previous management team to ensure continuity. The unit comprises approximately 280 employees and serves over 200 banks. "Today marks the start of a new growth chapter," says Wengel. "Bank-Verlag's deep roots in German banking combined with our technological strength creates unique opportunities. Together, we will shape the digital future of the financial industry."

The transaction is a significant milestone for G+D Netcetera, which celebrates its 30th anniversary this year. The end-to-end portfolio in digital payments and banking now spans Payment Security (fraud prevention and secure authentication), Payment Enablement & Integration (payment processing and network connectivity), Digital Identity (identity verification and customer authentication), Banking Applications (mobile and web banking solutions), and Digital Wealth (digital wealth management and advisory solutions).

Strategic evolution ahead

Alongside the integration, G+D Netcetera will define the future structure and leadership of the new business unit. G+D also plans to invest a high double-digit million euro amount in IT modernization, including cloud-enabled architectures, analytics, and fraud prevention. All existing client relationships and service level agreements remain fully in place.

"Bank-Verlag built trust with German banks over six decades. That's both an obligation and an inspiration for us," says Wengel. "I'll be spending significant time with our new colleagues and clients in the coming months. Our ambition is clear: make payments and banking in Germany simpler, safer, and faster - for banks, merchants, and consumers. Together with the team, we bring the investment power and technology expertise to take this business to the next level."