ARCANO has acted as the exclusive financial advisor to the shareholders of Hastee, a company in the IDC portfolio, in its sale to Zellis Group.
Hastee is a financial wellness platform that allows employees to access a portion of their earned wages before payday, helping them manage liquidity and avoid debt. The platform integrates with companies’ payroll systems and offers users flexible, on-demand access to their compensation. Currently, Hastee serves over 350 client companies across virtually all sectors.
IDC Ventures is the venture capital platform within IDC Network, a global multi-strategy asset manager. Acting as a key partner to more than 150 family offices across 30 countries, IDC Ventures offers a diversified range of venture capital opportunities, including proprietary funds, co-investments, and jointly managed funds alongside leading sector managers. With $500 million under management, IDC Ventures typically leads financing rounds and holds board seats, providing founders with strategic support based on deep expertise in entrepreneurship, banking, law, and consulting. Since its founding in 2019, IDC Ventures has backed transformative founders from Series A to growth stages, with a special focus on fintech and marketplaces in Europe, the United States, and Latin America—particularly Brazil and Mexico.
Zellis Group is a leading provider of payroll and human resources software solutions, headquartered in the United Kingdom. With over 60 years of experience, it serves many of the UK and Ireland’s largest employers, managing payroll for more than 5 million employees. Zellis is backed by Apax Partners, a global private equity firm.
ARCANO strengthens its position as a trusted advisor in the technology sector, consolidating its expertise in M&A transactions within the FinTech and HCM ecosystems.
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