Productfy has introduced in a USD 2.35 million seed spherical to create a platform that permits non-bank corporations to develop and launch their very own fintech functions, in line with Level72 Ventures led the spherical and was joined by Envestnet Yodlee Incubator.
The corporate can be now working with a gaggle of companions, together with card issuer Marqeta, monetary knowledge supplier Yodlee, banking companion Avidia and Equifax, to increase its underlying framework to supply extra capabilities and capabilities. There are one other two or three banks that Productfy will likely be signing on within the subsequent two months, Vo informed Crunchbase Information.
With the brand new funds, the corporate will deepen present partnerships and put money into product growth.
Productfy will likely be opening up a beta program for fintech corporations growing debit and bank card applications in early 2021, Vo mentioned.