Palturai acquires majority stake in Financialbot.com AG

(Hofheim am Taunus, 7. März 2023) Hofheim-based Palturai GmbH is expanding by acquiring a majority stake in Financialbot.com AG. Financialbot.com is an expert in the preparation and processing of company and job data. With this step, Palturai strengthens its position as a leading European provider of business network insights. 

Financialbot.com AG – finBOT for short – has been working on innovative technologies for processing and searching large volumes of data for twenty-four years and has constantly grown together with the new challenges of big data and the digital world during this time. At its Meerbusch site, Finbot primarily supports large and medium-sized companies and public authorities with its concentrated expertise. The database focuses on company data and job advertisements. 

The aim of the takeover is to offer existing and future customers of both companies an even more comprehensive range of services with even higher data quality. Company data is generally accessible to everyone through public sources such as the commercial register, but only big data analyses, smart algorithms with artificial intelligence and targeted IT implementation make it usable on a large scale and allow new, astonishing insights into supposedly well-known companies.  

As a pioneer in graph intelligence, Palturai stands for clear, surprising business insights. “We network business data and distil knowledge about business relationships from it. In this way, we enable our customers to work more efficiently, make more informed decisions and take more informed action,” says founder and CEO Tilo Walter. With the Palturai BusinessGraph, Palturai has created a graph intelligence platform to visualize and analyze the economic area of the DACH region as a network of mutual relationships and dependencies. “The acquisition of finBOT is an important step towards providing our customers with even better business insights using the highest data quality.” Palturai’s vision is to anchor network thinking as the basis for successful action in companies and to enable them to capitalize on the value of their relationships.  

As part of the takeover, Palturai Managing Directors Tilo Walter and Petra Kaul will be appointed to the Management Board of finBOT.