Finxact
Founded Year
2017Stage
Acquired | AcquiredTotal Raised
$76.34MValuation
$0000About Finxact
Finxact develops an enterprise-class public cloud/private data core-as-a-service platform. The company allows banks to deliver new services for omnichannel consumers. It was founded in 2017 and is based in Jacksonville, Florida. In February 2022, Finxact was acquired by Fiserv.
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Finxact's Products & Differentiators
Finxact Core
Finxact is a high performance, highly scalable, real-time position keeping platform that includes a comprehensive and extensible financial services model exposed as APIs. By accessing its open APIs and extensible components, banks are able to invent, curate, and launch products at the speed required to meet customer expectations in today’s marketplace.
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Research containing Finxact
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Finxact in 2 CB Insights research briefs, most recently on Jan 4, 2024.
Jan 4, 2024
The core banking automation market map
Expert Collections containing Finxact
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Finxact is included in 4 Expert Collections, including Digital Lending.
Digital Lending
2,538 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Fintech
9,809 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Digital Banking
1,153 items
The open banking ecosystem is facilitated by three main categories of startups including those focused on banking-as-a-service, core banking, and open banking startups (i.e. data aggregators, 3rd party providers). These are primarily B2B companies, though some are also B2C.
Fintech 100
250 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Latest Finxact News
Aug 28, 2025
Thread Bank taps Finxact to power embedded banking growth By Vriti Gothi Share Thread Bank selects Finxact from Fiserv , Inc. as its core banking platform to build modern, scalable, and compliant embedded banking solutions that deliver value for partners, empower customers, and set a benchmark for innovation across the community banking sector. By adopting Finxact, a cloud-native, real-time core with advanced data accessibility, Thread is positioning itself at the forefront of embedded finance. The platform’s API-first architecture and seamless integration capabilities provide the Bank with a robust, future-ready foundation for deposit and payments infrastructure. Combined with Fiserv’s deep expertise in compliance and financial services, the solution aligns with Thread’s strategy to accelerate growth and deliver customer-centric experiences. To further enhance its digital banking ecosystem, Thread will integrate Infinant’s Interlace Platform as the embedded banking layer over Finxact’s API core. This integration enables Thread and its customers to access a modern user interface that unifies embedded and core banking capabilities with advanced payment processing. The result is a flexible, digital-first banking experience designed to meet the evolving needs of both partners and end customers. “Our partnership with Fiserv and Infinant serves as a blueprint for community banks looking to innovate, drive new deposits, and ultimately thrive in an ever-changing landscape,” said Chris Black, CEO, President, and member of the Board of Directors of Thread. “We did extensive due diligence to find a core that could meet the breadth of our product requirements and deliver in a modern, compliant way. Ultimately, it became very clear to our team that Finxact was the best solution to meet those needs.” “We’re energised to be working with Thread to pioneer a new vision for community banks, freeing them from geographic limitations by offering financial services through embedded partnerships,” said Sunil Sachdev, SVP and head of embedded finance at Fiserv. “Thread choosing Finxact as its core banking platform to scale its embedded banking offering for a broad range of customers demonstrates Finxact’s ability to support banking, payments and data at scale.” The collaboration was facilitated by Bankers Helping Bankers, which played an instrumental role in aligning the strategic vision of Thread, Fiserv, and Infinant. This latest milestone follows the recent opening of Thread’s new corporate headquarters in Nashville, further reinforcing the Bank’s leadership in redefining the digital community banking model. Previous Article Digital monthly issue Global coverage
Finxact Frequently Asked Questions (FAQ)
When was Finxact founded?
Finxact was founded in 2017.
Where is Finxact's headquarters?
Finxact's headquarters is located at 1301 Riverplace Boulevard, Jacksonville.
What is Finxact's latest funding round?
Finxact's latest funding round is Acquired.
How much did Finxact raise?
Finxact raised a total of $76.34M.
Who are the investors of Finxact?
Investors of Finxact include Fiserv, First Data Ventures, Paycheck Protection Program, Live Oak Ventures, SunTrust Banks and 9 more.
Who are Finxact's competitors?
Competitors of Finxact include Thought Machine, Nymbus, 10x Banking, Mambu, Agora Financial Technologies and 7 more.
What products does Finxact offer?
Finxact's products include Finxact Core .
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Compare Finxact to Competitors
Nymbus operates in the financial services industry and provides alternatives to traditional banking business models. The company offers products and solutions designed to enable financial institutions of all sizes to grow and serve their customers without the need for core conversion. Nymbus primarily caters to banks and credit unions looking to launch digital banking services, create niche financial brands, or deploy core banking platforms. It was founded in 2015 and is based in Jacksonville, Florida.
Thought Machine provides cloud-native core banking and payments processing platforms for the banking industry. Its main products, Vault Core and Vault Payments, enable banks to build and run various financial products and payment schemes. The company serves the banking sector with solutions that are adaptable to the needs of financial institutions. Thought Machine was formerly known as TW Shelfco 4988. It was founded in 2014 and is based in London, United Kingdom.
BrightFi is a financial technology company that provides digital banking services that help financial institutions and non-banks of all sizes who want to launch banking products, configure, test and deploy new products or digital brands at a fraction of the time and cost.
Seyula.io provides a banking API within the financial technology sector. Their offering allows customers to connect their bank accounts to applications, facilitated by a front-end module designed for user experience. Seyula serves businesses that require banking integrations for lending, personal finance, consumer payments, banking and brokerage, and business finance management. It is based in United Arab Emirates.
FintechOS provides low-code solutions for the financial services sector, focusing on digital transformation and technology integration. The company offers a product engine that integrates with existing technology stacks of banks and insurers, allowing for the creation, onboarding, distribution, and management of financial products. FintechOS serves the financial industry, providing tools that support customer experiences while addressing risks and costs associated with traditional technology transformations. It was founded in 2017 and is based in London, United Kingdom.
Architecht specializes in solutions within the banking and financial technology sector. The company offers products including banking technology platforms, digital banking systems, investment banking platforms, and consumer financing systems. Architecht's solutions serve segments such as retail banking, corporate banking, private banking, investment banking, e-money and payment institutions, insurance, SMEs, and e-commerce. It was founded in 2015 and is based in Istanbul, Turkey.
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