Jacksonville, United States
Finxact, founded in 2016, is a pioneering force in the financial technology sector. Positioned in the United States, the company is widely recognized as "The platform for banking, fintech and embedded finance".
At its core, Finxact offers a 100 percent open API cloud-native platform, excelling in transaction processing for both banking and fintech industries. Its distinctive feature is a robust, asset class-agnostic engine that caters to an array of currencies and time zones, ensuring vast scalability and adaptability. This innovation empowers financial institutions to seamlessly create and launch new products while harnessing the power of cloud resilience and elasticity.
Strategic financial backing is evident from their $30.00M Private Equity Round on January 25, 2019. Key investors include First Data Ventures, Accenture, Woodforest National Bank, SunTrust Bank, and LiveOak Ventures, aligning well with Finxact's mission of driving financial innovation without technological upheavals. The company operates at the intersection of Financial Services, Fintech, Payments, and Banking.
Tuum