Foren has replaced Leatherback after a two-year transformation that rebuilt its technology and operations. The company says it will bring global financial services for businesses together on one platform. The rebrand follows Zedcrest Group’s acquisition of Leatherback in July 2026.
How did Leatherback reach this change?
The company describes the new name as the final step in a wider overhaul, rather than a standalone identity change. Over the past two years, it says it rebuilt its technology stack and revised its compliance systems. It also strengthened its regulatory capabilities to support a more robust operation. Those changes were intended to prepare the business to serve companies working across borders.
Leatherback announced a new management team in 2025, according to the source material. The ownership change followed, with Zedcrest Group completing its acquisition in July 2026. The source says that acquisition gave the business a stronger capital base and institutional backing. Together, the ownership and management changes accompanied work on the company’s underlying systems and governance.
What services will Foren bring together?
Foren says its business banking platform will combine global accounts, international collections and cross-border payouts. It will also include foreign exchange and treasury management. These are services businesses may need when they collect money from customers abroad or pay suppliers across borders. The company’s stated plan is to make those financial activities manageable through a single platform.
The source describes the platform as addressing the practical demands of operating internationally, including handling multiple currencies. Foren’s focus is on helping businesses manage their global financial operations in one place. The material does not give pricing, availability details or customer numbers. It also does not identify specific markets where the platform is offered.
What is changing for customers?
Foren presents the rebrand as a way to introduce existing and prospective customers to changes made across the business. The company links the intended product experience to investments in technology, compliance and infrastructure. It says those investments are meant to support a more dependable financial experience for businesses operating across borders. The source does not provide customer testimony or independent measures of service performance.
Key points:
- Leatherback has changed its name to Foren after a two-year transformation.
- The company says its work covered technology, compliance, regulatory capabilities and governance.
- Zedcrest Group completed its acquisition of Leatherback in July 2026.
- Foren plans to bring several business banking services together on one platform.
What should readers watch next?
The company has set out its product focus, but the source provides no rollout timetable or launch details. It does not say how existing Leatherback customers will move to Foren or whether account terms will change. The next useful details would be how the platform’s services are made available and what customers can use in practice. Until then, the stated strategy is a unified platform backed by changes to the business and its systems.