At the end of 2024, Efigence, a leading technology company, along with its creative agency subsidiary Artegence, entered a new phase of growth under the leadership of Marcin Petrykowski, who took on the role of CEO of Efigence in December and joined the board of Artegence.

These leadership changes were initiated by Riyad FinTech Fund, a private equity fund fully owned by Riyad Bank, one of the largest banking groups in the Kingdom of Saudi Arabia. The strategic move aimed to redefine the business models of both companies, accelerate their growth, and strengthen their position in the market.

One of the key steps in this transformation was the full acquisition of Efigence S.A. by Riyad FinTech Fund. On March 17, 2025, the fund finalized the purchase of the remaining shares, acquiring full ownership of the company. The two minority shareholders, who had served as board members until September 2024, sold their remaining stakes, completing a crucial phase in Efigence’s new growth and expansion strategy under Marcin Petrykowski’s leadership.

“Riyad FinTech Fund’s acquisition of 100% of Efigence marks a new era of dynamic growth for us. With a strong foundation built on innovative solutions, we now have the opportunity to expand rapidly and fully integrate with the evolving needs of Riyad Bank’s ecosystem,“ says Marcin Petrykowski, CEO of Efigence.

Marcin Petrykowski, appointed on behalf of the company’s sole owner, brings over 20 years of experience in the financial, technology, and banking sectors. He specializes in business transformations, growth strategies, investments, and innovation implementation. His mandate includes developing and executing a new strategy and operational plan, focused on accelerating international expansion and fully integrating Efigence into the investor’s ecosystem, with a strong emphasis on the Middle Eastern market.

“The reputation we’ve built over the years, thanks to our cutting-edge projects and industry-leading innovations, is a solid foundation for scaling our operations. Just last year, Efigence reaffirmed its position as a market leader, winning the ‘Best of Show’ award at Finovate Fall in New York and the title of ‘Best Retail Banking Solutions Provider’ at the Global BankTech Awards in Singapore. And this is just the beginning—Efigence’s portfolio is filled with many other prestigious awards and partnerships.

Artegence is also making waves, having secured three Effie Awards in 2024 for its creative excellence and market impact,”** says Marcin Petrykowski, CEO and Managing Director of Efigence and board member of Artegence.

“My priority is to ensure the swift and effective execution of our transformative strategy, setting a clear direction for the growth of both organizations. With our team’s expertise, proven track record, well-defined priorities, and the strong backing of our strategic business partners and unique investor, I am confident we will successfully achieve our ambitious growth and expansion goals,” he adds.

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Marcin Petrykowski – Bio

As part of his numerous strategic engagements, Marcin Petrykowski serves on multiple international and local supervisory boards in banking, fintech, and digital media. Additionally, he chairs the Program Council of the FinTech & InsurTech Digital Congress, the leading fintech and innovation event in Poland.

From 2021 to 2024, he led a comprehensive restructuring and transformation at Atende S.A., a publicly listed technology and IT services group in Poland. As CEO, he implemented a new strategy and operational plan, driving record financial results and significantly strengthening the company’s market position.

Previously, as Managing Director at S&P Global, he was responsible for the company’s commercial operations in Europe, the Middle East, and Africa (EMEA) and played a key role in introducing S&P Global Ratings to the Polish and Central and Eastern European (CEE) markets.

His career began in corporate banking at Citibank, followed by investment banking at J.P. Morgan in London, where he managed financial institution partnerships across Europe and the CEE region, also serving as Deputy Head of the Polish office.

He is an alumnus of Stanford Graduate School of Business and the Center for Leadership and has completed his studies at Kozminski University, Lund University, and the University of Warsaw.

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Media Contact:

Joanna Wróblewska
Head of Marketing, Efigence
jwroblewska@efigence.com

Efigence, one of Poland’s leading technology companies, has been awarded the title of “Best Technology Solutions Provider to Digital Banks” at the Global Bank Tech Awards 2024 in Singapore. The award was given for the “Mortgage Relief 2024” project, developed for Alior Bank in the Strategy & Organisation Awards category. This innovative digital solution was created in response to the economic challenges faced by mortgage borrowers in Poland.

In the summer of 2022, in response to rising inflation and interest rates, the Polish government introduced statutory mortgage holidays to support borrowers. Alior Bank, in collaboration with Efigence, which provided comprehensive IT support, quickly developed and implemented the “Mortgage Relief” solution, which has been continuously enhanced over the years.

The latest version, “Mortgage Relief 2024,” was recognized at the Global Bank Tech Awards 2024 in Singapore. The system automatically processes applications in accordance with new regulations, enabling fast decision-making through advanced algorithms. The fully online process is especially beneficial for those who prefer remote service and for people with disabilities.

Winning this prestigious award not only strengthens the positions of Efigence and Alior Bank in the global technology market but also highlights the importance of Polish innovation and professionalism in the digital banking industry.

 

“The distinguished solution is first and foremost a result of cooperation between many teams, which perfectly respond to the needs of customers and organisations. The implemented technology has allowed us to make most of the decisions automatically, practically in real time, and the reaction of our customers confirms our belief that it was the best solution possible” – says Piotr Rosłan, Director of the Mortgage Department at Alior Bank.

 

 

 

 

Paweł Haltof, Innovation Director and Board Member at Efigence, commented: “This is a great honor that confirms our ability to deliver world-class solutions in collaboration with leading financial institutions. We are proud that our technologies are supporting the growth of digital banking on such a broad scale.”

The Global Bank Tech Awards, organized by The Digital Banker, are recognized as one of the most prestigious honors in the banking technology industry. The award ceremony took place on September 19, 2024, in Singapore, gathering representatives from leading technology companies and banks from around the world.

www.thedigitalbanker.com/awards/global-bank-tech-awards/