Globant Venture announced its investment in SaaS financial industry platform Fivvy. The platform is designed to enable both traditional and digital banking institutions to offer personalized experiences to their customers and apply unique data models to increase revenues. The company said, "In the dynamic world of financial technology, Fivvy stands at the forefront, enabling banks to surpass the competition by leveraging cutting-edge, data-driven models and tailored customer engagement strategies. Fivvy’s innovative solutions unlock the immense value hidden within financial data, propelling banks of all sizes toward unparalleled customer experiences. With Fivvy’s streamlined implementation process, banks can quickly turn into data driven and customer centric organizations in as little as 3 months. Overall, Fivvy empowers banks to offer a more customer-centric approach, while unlocking the full value of their data. The investment from Globant Ventures, which includes a planned $4M investment over a two-year period, will help speed Fivvy’s vision of revolutionizing the financial services industry while positioning the company as a top SaaS platform in the Americas. The partnership will provide not only financial resources but also invaluable expertise in leveraging new and emerging technologies to drive the industry forward. The relationship benefits multiple stakeholders in the financial industry including both companies and banking customers."
Published first on TheFly
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