Enterprise IT company Kyndryl extended a partnership with Unicre, maintaining its role in shifting the financial services specialist’s workloads to the cloud.

Unicre provides issuing and acquiring services and is migrating tasks to the cloud as part of an overhaul of its technology strategy. Kyndryl stated the companies have partnered since 2016 and the latest agreement means it will continue to handle the shift.

The pair’s deal already involves Kyndryl managing Unicre’s information systems and helping it develop fresh features, products and services in line with digital transformation goals.

Maria Guiomar Moreira, customer partner with Kyndryl Portugal, said the extended deal “enables Unicre to advance its technology evolution strategy”.

She credited the deepening of their partnership to Kyndryl’s provision of tailored services which enhance “efficiency, automation, innovation and security”.

Unicre CIO Nuno Abrantes said the company is keen to improve service quality, a goal which “includes strengthening our position as a reference in buy now, pay later services”.

Kyndryl stated Unicre is a stand-out player in the buy now, pay later sector and has a track record spanning more than 50 years.