KPMG Abogados advises Embat Technologies on Necto acquisition
KPMG Abogados has advised Embat Technologies on acquiring Necto, a US-based leader in global bank API connectivity. This acquisition strengthens Embat’s ability to provide seamless financial institution connections, real-time banking data access, and efficient payment execution across North America, Europe, and Asia.
Embat, a fintech specializing in cloud-based treasury management solutions, enhances its global reach with this transaction, optimizing receivables, payments, and forecasting.
The firm deployed a multidisciplinary team for the deal. The M&A and corporate law team was led by Álvaro López, deputy head of corporate law in the Canary Islands, alongside associates María Pulido, Jack Viamonte, and Alba Bermúdez under the supervision of partner Enrique Núñez. From an intellectual property perspective, Mireia Paricio and Julia Martínez, part of the Digital Law practice led by partner Noemí Brito, also contributed to the transaction.
