Finzly and Fintel Connect Announce Collaboration

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Finzly and Fintel Connect Announce Collaboration

CFO Tech Outlook | Monday, April 26, 2021

Finzly’s BankOS cloud-based operating system enables financial institutions to overcome the shortcomings of obsolete core systems by delivering new digital experiences and real-time payment services.

FREMONT, CA: Finzly, a fintech company that creates modern banking apps for digital account opening, payments, foreign exchange, interest rate swaps, and trade finance, recently announced a collaboration with Fintel Connect to develop a full digital growth solution for bank partners.

“Banks that rely on Finzly’s modern offerings really want help with digital marketing,” says Dave Hunkele, chief strategy officer, and advisor to Finzly. “Fintel Connect provides our clients with a cost-effective, digital channel for attracting potential customers, who can then be onboarded through Finzly’s account opening solution. Finzly and Fintel Connect are a powerful combination for institutions that want to accelerate growth by meeting customer demand for more convenient access to services, and we look forward to helping FIs expand their footprint through digital access to products and services.”

Finzly’s BankOS cloud-based operating system enables financial institutions to overcome the shortcomings of obsolete core systems by delivering new digital experiences and real-time payment services. The company’s technology integrates with third-party fintechs, allowing for the versatility and customization needed to meet each bank partner’s specific operational needs.

“As more financial institutions focus on strengthening their digital offerings, it’s essential that they choose the right technology partners,” says Nicky Senyard, CEO and Founder, Fintel Connect. “Finzly and Fintel Connect are aligned to deliver the best customer experience for our bank partners and our solutions are more impactful together. To do what we do well, we rely on customer-friendly journeys to account creation, and Finzly delivers just that.”

This year, the banking industry has put a strong focus on digital account opening capabilities, as banks aim to satisfy consumer demand for digital services and meet the demand for socially distributed alternatives to in-branch services. Many businesses have made a concerted effort to develop robust, digitally activated consumer experiences on their websites and mobile apps. Finzly realized that getting these solutions in place was insufficient and that banks needed to find cost-effective ways to get customers to their banks through digital channels, which is where Fintel Connect comes in.

The two companies met for the first time in Q1 2020 at the Venture Center in Little Rock, Ark., as partners in the Independent Community Bankers of America (ICBA) ThinkTECH Accelerator program. Fintel Connect, which serves banks, financial services firms, and fintechs across North America looking to expand online, sees the collaboration as a logical next move. Fintel Connect’s approach, as a performance marketing organization, provides these organizations with a cost-effective and compliant platform for new consumer acquisition. The team is on a mission to help financial services companies expand their digital footprints, and their collaboration with Finzly allows them to do so much more effectively. Finzly and Fintel offer a bundled solution with a seamless integration that is readily available for anyone who chooses to opt in to optimize usability for bank partners.

For Charles Potts, chief innovation officer at ICBA, this partnership illustrates precisely what the ICBA ThinkTECH Accelerator is about. “Finzly and Fintel Connect are previous ThinkTECH Accelerator participants and both made a very positive impression on our community bank participants. As leaders in the fintech space, I look forward to their partnership providing even greater value to community banks on the path of digital transformation.”

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