Founded in 2017 by a visionary team with over 35 years of experience in financial technology, Finxact is the first enterprise-class cloud-native core platform with an open API.
WHAT WE DO
Prepare our customers for the next generation of banking
We have tailored an innovation platform to meet the expectations for modern finance, allowing companies to exceed customers’ demands.
85%
OF EMPLOYEES FOCUSED ON PRODUCT AND ENGINEERING
14
LIVE CUSTOMERS
NO. 1
IN PRODUCTION CLIENTS ON NEXT-GEN BANKING TECH IN THE U.S
HOW WE GOT HERE
Our milestones
OCTOBER 2024
DoorDash Crimson powered by Finxact
Finxact and Fiserv uniquely deliver embedded finance for Dashers
SEPTEMBER 2024
Finxact.io developer environment is launched
Finxact launches Finxact.io to enable clients to accelerate time to mastery and time to market.
April 2023
Finxact introduces Finxact Payment Rails
Finxact announces embedded payment rails native to its platform for ACH, RTP and Wire with its first customer successfully entering production.
April 2022
Finxact becomes a Fiserv company
Fiserv completes acquisition of Finxact, ensuring a digital banking future that is flexible, open and real-time.
September 2021
Finxact converts first U.S. bank to a next-gen core
Live Oak Bank, the nation's leading small business bank, successfully converts all of its retail and commercial deposit accounts to the Finxact core.
July 2020
Finxact establishes Marketplace
Finxact launches open ecosystem featuring best-in-class, API-driven technology providers.
May 2020
Finxact runs on Microsoft Azure
Finxact announces general availability for clients wishing to deploy Finxact in Microsoft Azure public cloud.
January 2019
Finxact secures $30M in funding
Finxact raises $30 million in equity financing from new and existing investors.
October 2018
Finxact announces Adapter for Salesforce
Finxact becomes first and only core banking software vendor to partner with Salesforce as a core provider to Salesforce’s Financial Services Cloud.
January 2017
Finxact founded
Frank Sanchez establishes Finxact in Jacksonville, Florida.
Fully integrated with and enhanced by the Fiserv suite of solutions
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Explore press releases, articles, platform updates, and other news in the Finxact Newsroom for the latest milestones in banking, fintech, and embedded finance.