---
title: CFM and NXTsoft Combine Forces
description: CFM and NXTsoft are joining forces to deliver a more complete service to financial institutions throughout the industry. Learn more here.
image: https://info.kinective.io/hubfs/CFM%20+%20NXTsoft.jpg
---

# CFM and NXTsoft Combine Forces

[ Emily Sweillam, Chief Marketing Officer ](https://info.kinective.io/banking-software/author/emily-sweillam-chief-marketing-officer)

*Transaction unites two leading software companies driving digital transformation in banking via API connectivity solutions*

*-- Originally posted on [Business Wire ](https://www.businesswire.com/news/home/20230126005721/en/CFM-and-NXTsoft-Announce-Strategic-Combination)--***

TEMPE, Ariz. & BIRMINGHAM, Ala.--([BUSINESS WIRE](https://www.businesswire.com/))--[OceanSound Partners](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Foceansoundpartners.com%2F&esheet=53291819&newsitemid=20230126005721&lan=en-US&anchor=OceanSound+Partners&index=1&md5=c0278fa29068b8a496811b7ac02a317c), a growth-oriented private equity firm, today announced that its portfolio company, [CFM](https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.whycfm.com%2F&esheet=53291819&newsitemid=20230126005721&lan=en-US&anchor=CFM&index=2&md5=ea622a25dbd0d0c14f555dee6952d296), has merged with [NXTsoft](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.nxtsoft.com%2F&esheet=53291819&newsitemid=20230126005721&lan=en-US&anchor=NXTsoft&index=3&md5=022b8c669e09deafddb6c540bf8cd13c). The combination creates the leading provider of API connectivity, workflow automation, and data analytics software for financial institutions. Simultaneously, NXTsoft completed its previously announced separation from ThreatAdvice, a cybersecurity solutions business. Terms of the transaction were not disclosed.

Together, CFM and NXTsoft deliver API solutions to over 1,800 banks and federal credit unions in North America. CFM integrates teller applications with branch hardware, creating modern banking experiences. NXTsoft helps its customers secure, connect, and optimize their data through integration flows that connect over 75 software applications to over 40 core processors. All products currently offered by both businesses will remain available and supported under their existing brands.

Continue reading the full press release [here](https://www.businesswire.com/news/home/20230126005721/en/CFM-and-NXTsoft-Announce-Strategic-Combination).

[Core Integration](https://info.kinective.io/banking-software/tag/core-integration), [Retail Banking Technology](https://info.kinective.io/banking-software/tag/retail-banking-technology), [News & Culture](https://info.kinective.io/banking-software/tag/news-culture), [Partnership](https://info.kinective.io/banking-software/tag/partnership), [Press Release](https://info.kinective.io/banking-software/tag/press-release), [Customer](https://info.kinective.io/banking-software/tag/customer)

## Related Content

#### [CFM and IMM Combine to Deliver the Largest Connectivity Banking Suite *Combination of CFM, NXTsoft, and IMM creates leading banking software platform, enabling digital...*](https://info.kinective.io/banking-software/imm_announcement)

#### [How to Build Better Fintech Partnerships](https://info.kinective.io/banking-software/how-to-build-better-fintech-partnerships)

<https://info.kinective.io/banking-software/how-to-build-better-fintech-partnerships>[Originally published in the Birmingham Business Journal by AJ O'Leary](https://www.bizjournals.com/birmingham/news/2023/04/07/how-to-build-better-bank-fintech-partnerships.html)

#### [How Top FI Executives Make Their Own Luck The modern banking industry is evolving rapidly, which is good. It’s good because the top...](https://info.kinective.io/banking-software/fi-executives-make-own-luck)