SoftPro Raises Growth Funding from GE Capital

GE Capital’s Equity Capital Group in December provided DM10.5 million (euro 5.4 million) in growth capital to SoftPro, an independent German software vendor.

Stuttgart-based SoftPro distributes the SignPlus range, the world’s leading automatic signature verification systems. SignPlus is marketed throughout Europe, Asia and Latin America and is used by major banks such as HSBC, HypoVereinsbank and ING Group.

The investment from Equity Capital Group will support further development of the SignPlus Technology.

SoftPro will also benefit from a strategic relationship with GE Capital, which offers the company an opportunity to develop its secure, cost-saving solutions in partnership with GE Capital Global Consumer Finance. Europe’s largest supplier of consumer credit services, GE Capital Global Consumer Finance has more than 80 million customer accounts worldwide.