logo
Aurionpro acquires Melbourne-based InfraRisk to expand global reach

Aurionpro acquires Melbourne-based InfraRisk to expand global reach

Business Upturn2 days ago
By Aman Shukla Published on August 5, 2025, 12:29 IST
Aurionpro Solutions Limited (BSE: 532668, NSE: AURIONPRO), a key player in delivering cutting-edge technology solutions to the financial services sector, has announced the acquisition of InfraRisk, a Melbourne-headquartered software firm known for its robust lending solutions tailored for banks and financial institutions. This move marks a significant step in Aurionpro's ongoing efforts to strengthen its presence across global markets while enriching its flagship Integro lending suite.
With this acquisition, Aurionpro gains a strong foothold in Australia—an important strategic region for its banking and technology innovation group (TIG) verticals. InfraRisk brings to the table over 15 years of experience in supporting financial institutions through large-scale lending transformations. Its presence across Australia, Singapore, and the UK enhances Aurionpro's reach in the Asia-Pacific and European markets, aligning with the company's broader vision of expanding globally.
InfraRisk's specialization in digital lending, private credit, and business financing complements Aurionpro's existing offerings. The integration of InfraRisk's capabilities into Aurionpro's Integro suite will offer clients an even more powerful platform that spans both corporate and retail lending. Moreover, this integration is expected to be further enriched through synergy with Arya.ai's advanced artificial intelligence technologies, promising enhanced automation and intelligence across the lending lifecycle.
Aurionpro's acquisition of InfraRisk is not just an expansion move—it's a strategic alignment aimed at delivering next-generation lending solutions that are both future-ready and deeply localized for diverse global markets.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Sony reports Q1 profit up 36.5%, beating estimates
Sony reports Q1 profit up 36.5%, beating estimates

Yahoo

time24 minutes ago

  • Yahoo

Sony reports Q1 profit up 36.5%, beating estimates

TOKYO (Reuters) -Sony on Thursday reported a 36.5% rise in operating profit in the April-June quarter, beating analyst estimates. Operating profit was 340 billion yen ($2.30 billion). That compared with an estimate of 288 billion yen from eight analysts polled by LSEG. ($1 = 147.5400 yen) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Pacific microstate sells first passports to fund climate action
Pacific microstate sells first passports to fund climate action

Yahoo

time24 minutes ago

  • Yahoo

Pacific microstate sells first passports to fund climate action

A remote Pacific nation has started selling passports to fund climate action, but is so far struggling to attract new citizens to the low-lying, largely barren island. Pacific microstate Nauru, one of the world's smallest nations, has a novel plan to fund its fight against climate change by selling so-called "golden passports". Selling for US$105,000 each, Nauru plans to drum up more than US$5 million in the first year of the "climate resilience citizenship" programme. Almost six months after the scheme opened in February, Nauru has so far approved just six applications -- covering two families and four individuals. Despite the slow start -- Nauru eventually hopes to sell 66 passports in the scheme's first year -- President David Adeang remained upbeat. "We welcome our new citizens whose investment will assist Nauru to secure a sustainable and prosperous future for generations to come," he told AFP on Thursday. Nauru believes the passport programme could eventually generate $43 million -– or about 500 successful applicants -- which would account for almost 20 percent of total government revenue. But there are fears the scheme could be ripe for exploitation. Edward Clark, who runs Nauru's climate passport programme, said one application has already been withdrawn after officials flagged "adverse findings" during background checks. "The application would have been rejected had it not been withdrawn," he told AFP. A previous Nauru attempt to sell passports ended in disaster. In 2003, Nauru officials sold citizenship to Al-Qaeda members who were later arrested in Asia. Among the first batch of climate passports approved was an unnamed German family of four living in Dubai, said Clark touting the "major milestone". - 'Political volatility' - "They were looking for a second citizenship to provide them with a Plan B given the current global political volatility." The Nauru passport provides visa-free entry into 89 countries, including the United Kingdom, Ireland, United Arab Emirates and Hong Kong. More than 60 different nations offer some form of migration for investment schemes, Australia's Lowy Institute has found. Pacific nations such as Vanuatu, Samoa and Tonga have all dabbled in selling passports. The island republic of Nauru sits on a small plateau of phosphate rock in the sparsely populated South Pacific. With a total landmass of just 21 square kilometres (eight square miles), it is one of the world's smallest nations. Unusually pure phosphate deposits -- a key ingredient in fertiliser -- once made Nauru one of the wealthiest places, per capita, on the planet. But these supplies have long dried up, and researchers today estimate 80 percent of Nauru has been rendered uninhabitable by mining. What little land Nauru has left is threatened by encroaching tides. Scientists have measured sea levels rising 1.5 times faster than global averages. Nauru will eventually need to relocate 90 percent of its population as creeping seas start to eat away at its coastal fringe. The first phase of this mass relocation is estimated to cost more than $60 million. lec/sft/tc

COE prices rise for all categories except motorcycles; Cat B premium hits record high since December 2023
COE prices rise for all categories except motorcycles; Cat B premium hits record high since December 2023

Yahoo

time24 minutes ago

  • Yahoo

COE prices rise for all categories except motorcycles; Cat B premium hits record high since December 2023

SINGAPORE — Certificate of Entitlement (COE) premiums rose for every category, except motorcycles, in August's first bidding round on Wednesday (6 Aug). Category B premiums, for larger vehicles, rose 3.7 per cent to $123,498 from $119,101. This is the highest price for the COE category since December 2023 when it hit $130,100. In July's second bidding exercise, it actually experienced a marginal decrease of $499. The premium for Category A, which covers smaller and less powerful cars and EVs (up to 1,600cc and 130bhp and electric vehicles up to 110kW), rose 0.9 per cent to $102,009. COEs for commercial vehicles and buses (Category C) rose 2 per cent from $68,600 to $70,001 while premiums in the 'open' category (Category E) saw an increase of 1.9 per cent to finish at $122,334. Motorcycle COEs (Category D) are at $9,189 a $322 decrease from the previous bidding exercise. What is COE? The COE gives the owner the right to register and use a vehicle in Singapore for 10 years. It can be obtained through an online open auction conducted twice a month. Bidding exercises usually start at 12pm on the first and third Monday of the month, and last for three working days. Each bidding will end at 4pm on Wednesday, if there is no public holiday in between. The vehicle quota in each category will be announced before the start of each bidding exercise. After 10 years, when the COE expires, an owner can choose to de-register the vehicle or renew the COE. How is the COE quota counted? Since 1 February 2023, the number of COEs available for bidding in the corresponding vehicle category in each quarter is the rolling average of the number of vehicles deregistered over the previous four quarters. Will the COE price drop? COE prices, of course, can drop – it is dependent on supply and demand. Since 2017, the Ministry of Transport has been freezing vehicle population growth for all categories except Category C for goods vehicles and buses. The current rates will be maintained until 31 January 2028. Singapore is one of the costliest places in the world to buy a car – in fact, in 2022, the Global Wealth and Lifestyle Report 2022, released by Swiss private bank Julius Baer, found Singapore cars were the most expensive globally.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store