News in Brief

G+D Invests in CBDC Testing Software Company

Giesecke and Devrient (G+D) has invested in UK-based FNA (Financial Network Analytics), a deep technology firm specialising in advanced network analytics and simulations. FNA make simulation software to allow the impact of introducing a Central Bank Digital Currency (CBDC) on financial and economic systems to be tested as part of regulator and institutional preparations.

According to G+D, its strategic investment is designed to allow FNA to accelerate innovation and build additional resources, as well as develop its CBDC simulation software further. The investment will also support ongoing global growth and reinforce recent major customer acquisitions. As part of the transaction, G+D will join the company's board as observers.

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