Avoka has created a digital business enablement platform to create frictionless sales & service transactions. The company solves the “buy” problem for Banks, Insurers, Health Care, Education, Government and many other industries.
PRODUCTS & SERVICES:
Avoka provides the solutions to the financial institution companies like Retails Banking, Business Banking and Commercial Banking.
The solutions include -
Avoka Springboard Deposit Account Opening :- It helps users in digital KYC compliance and fraud and risk soltutions by integrating it with their transact platform.
Avoka Account Opening :- It helps them in digital onboarding process by providing the solutions such as branding and customer experience control, previews on multiple device types and sizes, adaptive response, dashboard and field-level analytics, optimization etc.
Axient,Data41,Synateq,Webellian,The IQ Business Group
Philip Copeland, Howard Treisman
Board Members and Advisors:
NUMBER OF EMPLOYEES:
Regal Funds Manage, Moelis Australia
Philip Copeland(CEO); Malcom Edgar(CTO); Matthew Lewis(CFO); Derek Corcoran (CEO); Stephen Coleman(CCO), Don Bergal(CMO)
ACTIVE USERS COMMENT:
-The company has digitized over 100 million transactions for 150+ global clients. (Dec 2017)
-Avoka's Transact is now being used or evaluated at 12 of the Top 50 U.S. banks.
-Established a new record for fastest credit card application process at FinovateSpring, awarded 3rd consecutive Finovate Best in Show.
-Awarded Most Innovative Customer Engagement Solution in the Citi Mobile Challenge EMEA.
DATE OF LAST FUNDING:
TOTAL FUNDING COMMENT:
The company will use the funds for its growth plans which are already underway in Australia, North America, and Europe with a focus on investment and hiring to support current and projected customers. (Dec. 2017)