Service: IT Due Diligence
Industry: Financial Technology
Participants: Vespa Capital, Origo
Intechnica provided IT Due Diligence to Vespa Capital ahead of their recent investment in fintech provider Origo.
Origo, based in Edinburgh, supports the pensions and lifetime savings industry with critical infrastructure. Its two brands, Origo and Unipass, increase efficiency, improve performance and connect the market for pensions providers, financial advisers and consumers.
Origo will use the investment from Vespa Capital to unlock its next stage of growth, as it expands its product line and develops new technology for its customers.
Origo has a long history of providing the UK pensions and lifetime savings industries with mission critical technology and has an impressive management team intent on delivering further innovative and valuable technology to the market.
We look forward to partnering with the Origo team during this next exciting phase of the company’s growth.Khidhr Shafiq, Director at Vespa Capital.
This is an exciting move for Origo, which will now be a fully independent business. Our focus will remain on delivering effective technologies across the financial services marketplace for the benefit of everyone – boosting efficiencies, improving performance, delivering faster asset transfers, reducing integration costs, helping to keep the industry secure, and importantly, improving the industry’s service to UK consumers.
With the backing of Vespa Capital, we can take Origo to the next stage in our journey as the industry’s critical infrastructure fintech, continuing to invest in our existing product range and building new technology to help take the market forward and deliver even better outcomes for consumers.Anthony Rafferty, CEO of Origo.