Wayerz - Optimizing Wires. Worldwide

bankingtechnew core banking solutions

STATUS: Closed
FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 01/05/2020

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About

Wayerz provides an integrated platform that optimizes international wiring, correspondent inter-bank reporting, and reconciliation. The platform focuses on improvement of productivity and automation of bank-to-bank systems, transactions and interfaces; increasing the real-time control and transparency of FI relationships.

Focus

PRODUCTS & SERVICES

Wayerz Software Solutions are wire routing optimization, client messaging services, wiring information and error querying, automated billing and reporting and cross-channel distribution for Financial & Banking sectors. To optimize and automate the operations of the bank.

REVENUE MODEL

Wayerz makes money by charging annual Licensing Fees from financial institutions

MAIN CLIENTS

Financial Institutions

EXISTING PARTNERSHIPS

CISCO

Thomas Reuters - To integrate bank to bank communication.

People

FOUNDERS

Menny Shalom

Igal Elon Chemerinski

Gal Steiger

BOARD MEMBERS AND ADVISORS

Eitan Raff

Roger Abravanel

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Citi Accelerator

Techstars Barclays Accelerator

Momentum

FUNDED

YES

TOTAL FUNDING

$2.4 M

DATE OF LAST FUNDING

Jul 2015

SEED & PRIOR FUNDING

$2.4 M

SEED CLOSED ON

Jul 2015

LISTED

NO

Innovation Programs

BASICS

STATUS:

Closed

FOUNDING YEAR:

2014

LOCATION:

United States

Views:

104 VISITORS | 523 VIEWS
LATEST FUNDING ROUND

$2.4 M

TOTAL EMPLOYEES
11-50

About

Wayerz provides an integrated platform that optimizes international wiring, correspondent inter-bank reporting, and reconciliation. The platform focuses on improvement of productivity and automation of bank-to-bank systems, transactions and interfaces; increasing the real-time control and transparency of FI relationships.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
People+
Other+

Innovation Programs

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