Bottomline Technologies buys VC-backed Andera for $44.5 mln

Andera, a portfolio company of Edison Ventures, has been acquired by Bottomline Technologies for $44.5 million in cash and 102,000 shares of Bottomline stock. Based in Providence, Rhode Island, Andera is a provider of software that allows banking customers to originate and fund new accounts and loans from mobile devices.

8 May 2014•3 mins read
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