Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- BankiFi provides a suite of business microservices (Invoicing, Accounting, Payments, Collections, Cash Forecasting, Working Capital Optimisation and more) which banks can then embed in digital channels used by business clients. Amidst growing competition from digital challengers, this approach empowers banks to protect and grow their SMB market share and preserve the relevance of digital business banking channels by providing a "beyond banking" customer experience, rather than just banking products.
BankiFi also brings SMB financial data from multiple external sources to provide deeper business finance insights, put the bank at the heart of relationships with its business clients and proactively identify opportunities to generate incremental revenue from other financial products such as SMB lending.
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