Kasisto is being acquired by Backbase as the Dutch digital-banking platform pushes further into agentic banking, according to Backbase's June 2026 announcement. The 1 June 2026 Backbase press release presents Kasisto's conversational and AI banking stack as a building block for banks that want agents inside onboarding, servicing and employee workspaces.
Kasisto has long sold virtual assistants and conversational banking to retail and commercial banks. Earlier 2024 Series D materials put cumulative funding around US$90 million — historical context, not the acquisition price, which Backbase did not disclose in the announcement.
Backbase's strategic framing is an industry shift from apps and chat widgets to agents that complete banking journeys. Buying Kasisto accelerates that roadmap with domain natural-language capability and deployed bank relationships rather than building every conversational module in-house.
Until close details and branding plans are public, banks should treat Kasisto product roadmaps as subject to Backbase integration choices after the deal completes.
Figures and customer claims in this piece are those stated by the company or acquirer in the cited materials.
AI-360 has not independently audited operating metrics named in the announcement.