FXcubic Announces Its Acquisition by Banyan Software

Banyan Software, a leading acquirer and permanent home for great
software businesses, is excited to announce the acquisition of FXCubic, a
leading technology platform founded in 2016 by Ege Kozan, Sencer Coltu, and Cem
Kozan.

FXCubic is an advanced pricing aggregation solution that empowers
retail trading brokers with low-latency access to a network of liquidity
providers, including banks, hedge funds, and more. The platform equips
brokerages with comprehensive pricing data of their own choice and from their
own environment, allowing them to execute competitive trades efficiently.

Liquidity aggregation solutions such as FXCubic play a crucial
role in the financial industry by providing brokers with access to a wide range
of liquidity providers. These solutions ensure competitive pricing, efficient
execution, and effective risk management for brokers and their clients,
particularly in the fast-paced and dynamic financial markets.

Keith Bird, Operating Partner at Banyan Software, had this to say, “Ege and his team have developed a remarkable platform that is driving
significant value for retail trading brokers and their clients. We look forward
to working closely with Ege and the entire FXCubic team to continue to build
upon their incredible success.”

Ege Kozan, Managing Director of FXCubic, will remain actively
involved in the business post-acquisition . He had this to say, “Banyan
Software is the ideal partner to take FXCubic to the next level. Their
expertise, resources, and commitment to preserving our company culture make
this a win-win for everyone involved. We are excited about the opportunities
for growth and innovation that lie ahead, while always prioritizing the service
quality that are known for.”

About FXCubic: FXCubic is a leading
technology platform founded in 2016, specializing in advanced pricing
aggregation solutions for retail trading brokers. With a focus on low-latency
access to multiple liquidity providers and customizable features, FXCubic
empowers brokerages to execute competitive trades efficiently while providing
risk management services.

About Banyan Software, Inc. Banyan
Software provides the best permanent home for successful enterprise software
companies, their employees, and customers. With a permanent capital base set up
to preserve the legacy of founders, Banyan focuses on a buy and hold for life
strategy for growing software companies. Founded in 2016, Banyan is backed by a
world-class group of CEOs and investors with deep technology experience and
currently operates across a growing number of verticals.

Banyan Software, a leading acquirer and permanent home for great
software businesses, is excited to announce the acquisition of FXCubic, a
leading technology platform founded in 2016 by Ege Kozan, Sencer Coltu, and Cem
Kozan.

FXCubic is an advanced pricing aggregation solution that empowers
retail trading brokers with low-latency access to a network of liquidity
providers, including banks, hedge funds, and more. The platform equips
brokerages with comprehensive pricing data of their own choice and from their
own environment, allowing them to execute competitive trades efficiently.

Liquidity aggregation solutions such as FXCubic play a crucial
role in the financial industry by providing brokers with access to a wide range
of liquidity providers. These solutions ensure competitive pricing, efficient
execution, and effective risk management for brokers and their clients,
particularly in the fast-paced and dynamic financial markets.

Keith Bird, Operating Partner at Banyan Software, had this to say, “Ege and his team have developed a remarkable platform that is driving
significant value for retail trading brokers and their clients. We look forward
to working closely with Ege and the entire FXCubic team to continue to build
upon their incredible success.”

Ege Kozan, Managing Director of FXCubic, will remain actively
involved in the business post-acquisition . He had this to say, “Banyan
Software is the ideal partner to take FXCubic to the next level. Their
expertise, resources, and commitment to preserving our company culture make
this a win-win for everyone involved. We are excited about the opportunities
for growth and innovation that lie ahead, while always prioritizing the service
quality that are known for.”

About FXCubic: FXCubic is a leading
technology platform founded in 2016, specializing in advanced pricing
aggregation solutions for retail trading brokers. With a focus on low-latency
access to multiple liquidity providers and customizable features, FXCubic
empowers brokerages to execute competitive trades efficiently while providing
risk management services.

About Banyan Software, Inc. Banyan
Software provides the best permanent home for successful enterprise software
companies, their employees, and customers. With a permanent capital base set up
to preserve the legacy of founders, Banyan focuses on a buy and hold for life
strategy for growing software companies. Founded in 2016, Banyan is backed by a
world-class group of CEOs and investors with deep technology experience and
currently operates across a growing number of verticals.