Tagit Joins Juniper Group

WHY THIS MATTERS: The acquisition of digital banking platform Tagit by Juniper Group signals a clear market movement toward consolidation in the digital transformation sector. This news is significant because it provides Juniper’s TSI Group with a mature, cloud-native, and Open Banking compliant solution—the Mobeix Digital Banking Platform. For incumbent financial institutions, the ability to rapidly deploy a full suite of digital products, from onboarding to corporate and family banking, is no longer a luxury but a mandate. This transaction gives mid-to-large banks a powerful, proven weapon to accelerate their shift away from monolithic core systems and compete effectively with agile fintechs. It underscores a key industry theme: the infrastructure underpinning modern banking is being aggressively bought up and scaled to meet global demand for seamless, personalized customer engagement.

Juniper Group, an operating group of Vela Software and Constellation Software, Inc. (TSX:CSU), is pleased to announce the acquisition of Tagit Singapore Pte Ltd., a leading global digital banking solution provider, helping banks modernize how they engage customers across every stage of life.

Tagit will be part of TSI Group, a division of Juniper Group, with headquarters in Chennai, India. This transaction is the third acquisition completed by TSI Group since it joined Juniper Group in 2020, being the second acquisition in its core market India. TSI Group, with TSI and SysArc already servicing some of the leading financial institutions in the world, will be able to strengthen its value proposition to its customers with Tagit’s innovative solutions who, in turn, will benefit from Juniper Group’s and Vela Software’s core markets’ knowledge and industry expertise.

Headquartered in Singapore, the core of Tagit’s offering is the Mobeix Digital Banking Platform, an open API, cloud-native solution complemented by a suite of ready-to-deploy digital banking products, including retail banking, corporate banking, family banking, and digital onboarding.

Tagit’s scalable, proven solutions enable banks to efficiently process over US$100 billion in transactions annually, accelerate time to market, and deliver secure, personalized user experiences without reliance on large in-house development teams.

“We are pleased to join the Juniper Group and enter the next phase of Tagit’s growth,” said Sandeep Bagaria, CEO of Tagit. “This milestone reflects our shared commitment to innovation and customer success. As part of the Juniper Group, we are well positioned to accelerate our product roadmap, expand our market reach, and deliver greater long-term value to our customers and partners worldwide.”

Mr. Karthik Doraiswamy, CEO of TSI Group, stated: “We are extremely excited to welcome Tagit to Juniper Group. Tagit’s talented team and high performing technology stack are a fantastic addition to our portfolio of financial technology software companies. Together, we can deliver more comprehensive solutions and meet the full range of technology needs for our customers and partners”.

FF NEWS TAKE: This move certainly moves the needle, not by disrupting the market but by strengthening a major force in the bank technology enablement space. The deal amplifies Juniper/Vela’s capacity to deliver modern Digital Banking infrastructure, particularly across high-growth markets like India and Southeast Asia. We believe the true test will be the rapid integration of the Mobeix platform and its deployment to new clients. Watch for how successfully Juniper can cross-sell this flexible, cloud-native stack across their extensive global customer base as banks continue their essential platform modernization efforts.