Julián Colombo, CEO of N5, highlights the importance of offering unique solutions, considering the possibility of complementing with other companies.
N5, a technology company specializing in the financial industry, has announced its growth strategy through the acquisition of software and professional services companies linked to the financial sector in Peru.
With an estimated investment of USD 20 million over the next year, N5 seeks to consolidate its presence in Latin America and promote innovation in financial solutions.
What kind of companies are you looking to acquire N5?
The firm aims to drive its growth and foster innovation in financial solutions, prioritizing the acquisition of companies that already generate annual revenues in excess of USD 1 million.
This strategic approach is part of N5’s commitment to providing differentiated solutions adapted to changing market needs.
What does N5 plan to position itself in the market?
With the acquisition strategy, N5 seeks to consolidate its leading position in the market and accelerate its growth. It should be noted that the investment in Peruvian companies follows a successful investment round announced in September 2023.
Julián Colombo, CEO and founder of N5, underlined the importance of this strategy: “Our goal is to provide differentiated solutions to our customers. While our philosophy is to build technology in-house, we recognize the opportunity to complement our solutions with specific functionalities from other specialized companies.”
What does N5 project to achieve 300% growth by 2024?
N5 projects 300% growth by 2024, supported by its recent expansion and commitment to customer service.
In addition, the company has already begun discussions with potential candidates and continues to explore acquisition opportunities in Peru and other countries in the region.
It should be noted that N5 was founded in 2017 by Julian Colombo, and has a presence in more than 15 countries. It offers a Systematics platform exclusively for financial institutions, and has a large portfolio of clients such as Mastercard, Santander and BCP.
