TheBankCloud

bankingtechnew core banking solutions

FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 17/07/2020

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About

A platform for digital banking, Seamlessly enables you to deploy innovative mobile technology to serve your customers, employees and partners, consuming these best of breed technologies as you need them without any upfront investment. Initial Product Portfolio: Set of mobile applications that enable you to advise and communicate with your customers in the areas of wealth management, lending in addition to acquiring and on-boarding new customers Set of applications that change how you market to your customers or potential ones to attract or retain or upsell new financial services A suite of risk and compliance applications to help you manage your lending risk as well as your current lending portfolio An integration platform that enables you to integrate applications with your back end applications and data.

MEDICI Analysis

TheBankCloud is a cloud-based service that enables banks to innovate quickly. The enterprise company offers an app marketplace and a backend infrastructure to help banks build their own apps. The company offers a portfolio of sales tools & banking Apps, aggregated in a marketplace to serve key areas of sales, advice, servicing, and transactions.

Focus

PRODUCTS & SERVICES

Access Management, Data Encryption,Network Protection. Handles all the IT operations of the business so that clients can focus on their business.

REVENUE MODEL

Software As Service Revenue Model

MAIN CLIENTS

Retail consumers

EXISTING PARTNERSHIPS

IBM,Oracle,Salesforce.com,CCMC

Microsoft,Amazon Webservices

Microsoft Bizspark

HP,Choice

SaaS Markets

Salesforce.com

Finantix

eight - Technology providers.

COMMENT

Simple, Affordable and Agile which helps the clients to speed up and scale up the operations.

Traction

VALUATION / MARKET CAP:

$2 M in 2015

People

FOUNDERS

Tim Evans

Maurizio Greco

BOARD MEMBERS AND ADVISORS

Gerard Brossard

Chad Alderson

Dr. Cindy Gordon

Joseph Arsanious

Leif Frykman

Sebastiano Tevarotto

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Alfy Louis

KEY EMPLOYEES:

Alfy Louis

Momentum

FUNDED

NO

TOTAL FUNDING

$300 K

DATE OF LAST FUNDING

Oct 2013

SEED & PRIOR FUNDING

$300 K

SEED CLOSED ON

May 2013

DEBT FUNDING

$2 M

LISTED

NO

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