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Asseco PST Plans New Acquisition in Portugal for 2026, Says CEO Daniel Araújo

Asseco PST, the Portuguese subsidiary of multinational software group Asseco, is preparing for further expansion in 2026 through a new acquisition in Portugal. The news was revealed by Daniel Araújo, CEO of Asseco PST, during the conference “Leading through change: banking innovation for challenging times” held in Lisbon, which gathered top executives from across the Asseco Group.

“We are always in active talks with several companies,” said Araújo. “We’ve made two acquisitions in recent years - one in Portugal and another in Angola. If things go well, we believe we’ll be able to complete another deal in 2026.” While the CEO did not provide details, he confirmed that the target company operates within Asseco PST’s value chain and would complement its existing software and financial solutions portfolio.

Asseco PST, which focuses on the banking and financial software sector, leads operations across Portuguese-speaking countries, providing solutions for more than 60 banks. Its software covers areas such as core banking, digital platforms, risk management, and financial market services, helping institutions accelerate digital transformation.

During the event, Araújo also highlighted the company’s investment in a new card management solution that gives customers greater control over debit, credit, and prepaid cards, including features such as instant blocking, spending limits, and geographic usage controls. The technology, already used by clients like Cetelem and Banco BiG, reflects Asseco’s strategy to empower banks with flexible, customer-centric digital tools.

Operating under a federation model, Asseco gives its local subsidiaries broad autonomy. “Ten years ago, Asseco entered Portugal, and we don’t have Polish management here,” said Araújo. “This decentralized model is essential in a world that’s becoming more multilateral and less dependent on external technologies.”

Founded in 1991 and headquartered in Rzeszów, Poland, Asseco is one of Europe’s largest software companies, listed on the Warsaw, NASDAQ, and Tel Aviv stock exchanges. The group employs around 30,000 professionals in 60 countries, serving clients across the banking, insurance, and public sectors.