Turkey-based digital technology provider MagiClick has entered the UK market through the acquisition of financial services specialist Dock9.
Financial details of the transaction have not been divulged.
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The acquisition is part of MagiClick’s strategy to become a financial services technology provider and digital experience agency in Europe.
By acquiring Dock9, MagiClick’s staff strength will increase to more than 160 in London, Istanbul and Dubai offices.
London-based specialist digital solutions agency Dock9 aims to develop next-generation digital products for financial services brands.
The company has already catered to clients such as Aetna, Arch Insurance, Assurant, Castle Trust Bank, Kensington Mortgages, Masthaven Bank, Protect Your Bubble, Twenty7Tec, Tradex, Vida Homeloans, and Virgin Money.
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By GlobalDataDock9 founder and now MagiClick UK CEO Mark Lusted said: “From the first meeting with MagiClick, we saw huge similarities in their approach, culture, and vision for the future of financial services technology.
“There are not many digital agencies in the world with more than a couple of banking clients, and MagiClick is unique in supporting the digital transformation of over 30 financial institutions in 7 countries.”
MagiClick has 30 financial institutions as its clients.
They include HSBC, QNB, Bank Audi, First Abu Dhabi Bank (FAB), BNP Paribas TEB Securities, Metlife, Yapi Kredi, Garanti BBVA Securities, Akbank, Denizbank, and Ziraat Bank.
MagiClick’s client list also includes brands like IKEA, Turkish Airlines, Domino’s, Turk Telekom, Mercedes-Benz, and Microsoft.
MagiClick founding partners Murat Kalaora and Renee Tiyano said: “As one of the few digital agencies in the world with deep expertise in the banking and finance industry, we recognised that Dock9 would be a great fit with us – they are the right size to benefit from being part of a larger group, they share our focus on financial services and have a solid client base.
“Their expertise in Umbraco, Sitefinity, and Kentico will also be complementary to our existing offerings.”
