202204 Aug

Venture Capital Access Online | Venture Capital News

Summary

This investment accelerates the ability of ZSuite Tech to scale its platform, grow the organization, expand into new markets and support the increasing demand for modern, digital commercial banking tools and solutions. In a period of rising interest rates, attracting sticky deposits becomes more important than ever \x96 ZSuite Tech has a perfectly positioned platform and the right team in place to help banks do just that. Its suite of all-digital product offerings enables financial institutions to increase low-cost, core deposits, improve the customer experience and reduce internal costs with digital efficiencies. Nathan Baumeister, CEO and Co-founder of ZSuite Tech, said, \x93The financial services industry at large is faced with an overwhelming need to innovate faster and deliver differentiated offerings quickly to keep up with the changing expectations of their account holders. We have continued the partnership between technologists and bankers in every aspect of our company from product development to leadership, and this is the main reason for the company\x92s phenomenal growth and success in a short amount of time.

Source: Vcaonline

Funding

$11M
Amount
Aug 04 2022
Date
-
Investor
ZSuite Technologies
Company

Classifications

Companies