Vista Weighs Finastra Sale at Up to $12 Billion

London-based Finastra was created in 2017 when Vista Equity Partners combined Misys with Canada’s D+H. Its software supports payments, lending and corporate banking at thousands of financial institutions, including more than 80% of the world’s top banks, according to the company. A possible ownership change would mark a major reset for one of financial technology’s largest software platforms, as investors reassess mature fintech assets amid uncertainty over how artificial intelligence could affect business models and profitability.

Reuters reported on Sept. 14, 2026, that Vista has hired Morgan Stanley to explore options ranging from a full sale or stake divestment to a merger or acquisition. Blackstone is among prospective bidders studying Finastra, although no transaction is assured. Sources said the company could be valued above the high-single-digit billions and at as much as $12 billion under traditional software multiples. Finastra expects EBITDA of $650 million in 2026, after selling its treasury and capital markets unit to Apax Partners in February and agreeing in June to sell its universal banking business to Pollen Street Capital.