PwC LLP said Wednesday that it will acquire Kunai, a boutique financial services engineering firm, to better support its largest banking clients as they modernize payments processing and general ledgers for the AI era.
The Big Four accounting and advisory firm expects to bring Kunai’s entire 500-person workforce into its financial services practice. Terms of the deal, set to close in the next month, were not disclosed.
Kunai builds products that track the flow of financial transactions from deposits to loans to payments, among other services, including cloud engineering. The company has ...
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.