D+H is a global payments and lending technology provider serving nearly 8,000 financial institutions, specialty lenders, community banks, credit unions, governments and corporations, including Canada's largest banks. D+H is headquartered in Toronto, Canada, and has more than 5,500 employees in 15 countries, with annual revenues in excess of $1.5 billion. Following its acquisition of Harland Financial Solutions in 2013, over a third of D+H's business is based in the US.
D+H was ranked 21st on IDC Financial Insights's Top 100 FinTech Rankings and 25th on American Banker's Top 100 Companies in FinTech.
In 2017, D+H was acquired by Vista Equity Partners, an American private equity firm, for $4.8 billion. Vista plans to merge the company with British software provider Misys,
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History
In 1875, D+H was founded as Davis & Henderson, a Canadian manufacturer specializing in bookbinding and printing. By the latter part of the 1890s, Canadian financial institutions began to form a significant portion of D+H's customer base.
In the 1960s, D+H started to produce printed cheques with Magnetic Ink Character Recognition (MICR) encoding and began printing individually personalized bank cheques. It continued to focus on the cheque business through the 1970s and 1980s.
Following a series of acquisitions starting in 2005, D+H has shifted its business to providing financial technology services globally. However, a third of D+H's revenue still comes from printing and supplying cheques. In 2016, D+H integrated blockchain distributed ledger technology into its payments platform.
D+H went public on the Toronto Stock Exchange in January, 2011. It acquired Mortgagebot and ASSET Inc. in 2011, Avista Solutions in 2012, Harland Financial Solutions and Compushare in 2013, and Fundtech in 2015.
Maps D+H
References
External links
Official website
Source of the article : Wikipedia
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