To assist banks assist their prospects by means of these making an attempt instances, many fintech suppliers are extending free, discounted, or accelerated deployment presents to monetary establishments.
[Note to fintech providers: This list will be updated on a regular basis. If you wish to include your firm’s offer(s) on the list, please contact me directly (see the contact info at the end of the article). Please include: 1) a one sentence description of what your firm does; 2) a one sentence description of the offer; and 3) a point of contact (e.g., URL, email address, Twitter ID).]
Model 1: March 23, 2020 (52 firms)
Provide: 401GO is a small enterprise 401(okay) platform. We’re eradicating any charges apart from the per participant monthly payment ($9 per collaborating worker monthly), which covers all the things for a 401(okay) plan (testing, notifications, payroll monitoring, submitting of Kind 5500, and so on.). Use this code for setup: 3giriww5
Firm: 7 Chord
Provide: 7 Chord is a maker of BondDroid, a proprietary AI engine that generates extremely correct real-time streaming costs for 22,000+ company bonds. We’re providing BondDroid free of charge for the subsequent three months.
Provide: Lively.ai has a pre-built digital assistant that may be shortly personalized with solutions particular to the establishment. The platform contains fast deployment by way of our datasets and a 30 day trial. We’re providing an additional 30 days for patrons that join right now.
Contact: [email protected]
Provide: We’re distributing a sequence of specialised AI-generated abstract feeds specializing in the affect of coronavirus on varied sectors (Finance, Vitality, Media & Leisure, Well being Care, Information Expertise, and so on), plus a handful of specialised feeds protecting matters like affect on the availability chain. We’re releasing these as free companies on the internet and by way of social media and newsletters.
Firm: Agora Providers
Provide: Agora Teen is a white-label resolution that enables mother and father to pre-open a teen checking account for his or her kids in a single minute. We’re trying to provide free entry and accelerated deployment to our merchandise.
Provide: We are going to present Alpharank Diagnostics at no cost to any monetary establishment beneath $three billion in property. Alpharank Diagnostics will pinpoint one or two fixes you can make now to double the move of distant account opening.
Provide: Arnexa Binbox is a safe messaging system that kills phishing by making certain that solely messages from respectable senders attain the person. We’re providing speed up deployments.
Firm: Aspen Grove
Provide: Aspen’s property servicing platform is used to handle enterprise processes throughout your entire asset continuum. Now we have eliminated subscription charges for Aspen iRecord. Each the preliminary sign-up payment and the annual renewal payment will probably be waived.
Provide: Serving to small companies “receives a commission at a distance.” We’re working with one on-line banking vendor to pre-enable situations of our app to have the ability to launch our app in weeks vs. months. Additionally see our groups response to supply 24/7 small- to medium-size enterprise onboarding.
Provide: Bankingly is a cloud-based, pay per actual use on-line and cellular banking software program device. We’re providing a free non-transactional Android app for 3 months, with no dedication to remain. With this app, monetary establishments can talk with their purchasers, and in addition can show totally different form of types (for instance, for person or product onboarding.
Provide: At Jack Henry, any Banno buyer has entry to our messaging options for 100% digital help, our credit score unions can deploy the skip mortgage cost characteristic which we simply up to date to permit fee-free skips, and final week we constructed out a brand new technique to combine charitable giving platforms that the neighborhood financial institution or CU presents (like GoodCoin). We provide every of those at no added price.
Provide: BillGO helps monitor, handle, and pay payments in a single place—no extra logging into a number of web sites to examine due dates and make invoice funds. BillGO presents the Prism app free to assist everybody keep on high of their cash.
Provide: Botdoc permits banks to securely transport shopper information with end-to-end encryption with no pins, passwords, logins or apps to obtain. To assist firms throughout COVID-19, we’re permitting as much as 15 customers to make use of Botdoc free of charge for 60 days.
Contact: https://brace.ai/ or [email protected]
Provide: Now we have launched a brand new characteristic in our borrower platform to assist debtors seamlessly apply for mortgage help within the occasion that the hardship is brought on by COVID-19. This borrower data is then fed into our servicer workflow automation platform to facilitate fast and compliant servicer processing.
Provide: Free to each employers and workers, Department offers monetary companies that may assist workers keep away from charges and meet their on a regular basis wants: 1) Zero-fee checking account with debit card (no overdraft charges, no minimal balances), and a pair of) Money move administration instruments together with free instantaneous entry to earned wages and budgeting instruments.
Firm: CU Collaborate
Contact: [email protected]
Provide: CUCollaborate will provide free communication help across the virus for credit score unions beneath $30 million in property. Along with offering help round communications, CUCollaborate may even provide six months freed from its membership eligibility device, JoinCU.
Provide: CuneXus is waiving marketing campaign charges and providing fast 48-hour deployment to establishments wishing to leverage our expertise for Emergency Aid lending efforts.
Firm: Digital Align
Contact: [email protected]
Provide: Digital Align prepared to supply our service and two fintech merchandise free of charge to credit score unions and neighborhood banks: 1. Mortgage course of automation, and a pair of) Align Cash, a white label platform that features each onboarding and on-line banking.
Firm: Digital Onboarding
Provide: We provided our purchasers limitless utilization at no further price to assist educate their prospects/members on learn how to entry cash and make the most of digital companies with out visiting a department.
Provide: We offer a danger administration platform designed to assist monetary establishments quantify, monitor and decrease the dangers of cash laundering, corruption and terrorist financing. Now we have discounted the worth of the Elucidate FinCrime Index by 20% and provide information engineering companies at no further price, in order to hurry up deployment.
Provide: We’re a digital bank card distribution platform. If a enterprise has an AmEx enterprise or company card, they will register at paywithextend.com in minutes and ship any variety of AmEx digital bank cards with controls to whoever they need.
Provide: Fincura helps lenders assess enterprise monetary statements ~90% sooner than at present. Our prospects use our product for sooner underwriting and close to hands-free portfolio administration. We’re providing free portfolio danger assessments, prioritized onboarding, and discounted pricing.
Provide: Finzly is providing free account opening resolution for monetary establishments to allow prospects to proceed receiving their banking companies.
Provide: Float is providing free entry till finish of Could to assist companies forecast money move.
Provide: Deploy InsightEdge free of charge on Google, AWS, or Azure cloud surroundings, and immediately leverage the advantages of the GigaSpaces analytics platform.
Provide: Horizn works with monetary establishments globally ensuring each prospects and workers perceive and know learn how to financial institution digitally. Horizn is offering a reduced quick time period license bundle of our cloud-based Buyer Digital Platform and Digital Demos. Horizn will speed up deployment to get banks up and working inside 2 weeks and host Digital Demos of key on-line and cellular journeys to assist financial institution prospects acquire confidence to digital banking.
Provide: Our platform that helps monetary establishments launch new fintech merchandise or parts (e.g PFM, digital playing cards, emergency financial savings app for instances like Covid-19, and so on) is free till manufacturing (after which pay per use), so firms can speed up builds/POCs and get to market quick.
Provide: We provide a 60 day free trial for banks to function our APIs to allow them provide bespoke monetary companies to their residents within the diaspora.
Contact: 1 (844) 880-1732
Provide: No month-to-month license charges till 2021 for purchasers who signal by June 1, 2020 for Kasasa’s account-generating web sites and deposit account opening platform.
Provide: Now we have just lately launched TRIDENT | AI, synthetic intelligence principal safety analytics which offers every day predictive multifactor relative weights on the sector degree. We provide a 45-day free trial; nevertheless, we’re contemplating extending this for an indefinite interval to enterprise purchasers in an effort to help these with a big floor zero affect (i.e., pension managers, endowments, and so on.).
Provide: Libeo is offering free entry to SMBs to assist them with Account Payables, managing, financing and paying their invoices invoices.
Provide: We’re at present serving to FIs in Contact Middle Operations by providing our product freed from cost throughout this disaster.
Provide: Metechi is a Financial institution-Centered Syndication Market offering lenders instantaneous entry to Business Actual Property loans originated by banks. Metechi is free for members.
Provide: Moxtra was created by the founders of WebEx to assist enterprise digitally work together with their purchasers. A number of banks are utilizing our one-stop shopper interplay hub at present. We’re offering a 3 month free trial.
Provide: Narmi is providing a lightweight model of its 2.5 minute digital account opening expertise to assist monetary establishments proceed to open deposit accounts and acquire new prospects. Narmi is providing pricing incentives for each its digital account opening and digital banking platforms because it pertains to 2020.
Firm: OnSystem Logic
Provide: We are going to present free copies of our OnSystem Defender software program (protects your infrastructure by stopping all dynamic reminiscence assaults) to all company purchasers who request it. It is possible for you to to make use of our software program utterly freed from all expenses for three months or till the virus induced emergency subsides.
Provide: Plinqit is a branded, automated financial savings platform that enables shoppers to avoid wasting for emergencies whereas interacting with data and recommendation from the monetary establishment. We’re providing Plinqit with nobody time arrange and no platform payment for the primary three months and we’ve deployment at 2 weeks and 1 enterprise day.
Firm: Polaris Portfolios
Provide: Polaris Portfolios is a wealthtech agency that companions with neighborhood banks and credit score unions to offer digital wealth administration options, together with digital on-boarding, robo-advisory, and distant advisors. We’re rolling out accelerated deployments of our digital wealth administration resolution to banks and credit score unions.
Firm: Purview IQ
Provide: We’re a monetary data expertise firm targeted on delivering information on US banks. We at present provide a free 14-day trial and are open to increasing that to 3 months throughout this time.
Firm: QCash Monetary
Provide: QCash Monetary is waiving charges and implementation prices to get our digital small greenback lending resolution broadly distributed.
Provide: We’re spinning up 10,000 free seat licenses for net video banking that credit score unions and neighborhood banks can use for 60 days.
Firm: Pulse 360
Provide: We’re accelerating our software program that permit’s monetary advisors doc conferences and follow-ups remotely. We will probably be launching with a low promo value and free model.
Contact: [email protected]
Provide: The Rialto AI-C device optimizes alignment of groups to safe future progress, digital transformation and different crucial enterprise outcomes. First undertaking will probably be supplied at 50% low cost.
Firm: Proper Indem
Provide: We’re accelerating deployments of our expertise to ease the burden on name facilities claims/incident reporting.
Provide: Offers 60 day free trial, cloud primarily based, built-in accounts payable automation.
Contact: [email protected]
Provide: We will probably be offering free software program for buyer onboarding, together with cellular, net apps. Again operations display screen, additionally a fundamental CRM tracker.
Provide: SPENDiD’s API is in beta at present, and we’re glad to waive all onboarding and per name charges for builders trying to make use of our autonomous peer validated budgeting algorithms.
Firm: Road Contxt
Provide: We’re an electronic mail intelligence resolution for capital markets. We’re offering free licenses whereas individuals are all working from residence.
Provide: Trezeo is offering illness insurance coverage freed from cost to its prospects (gig economic system staff, primarily supply drivers in London).
Provide: We’re opening free entry to Openbanking by way of TrueLayer.
Provide: Free Backup Resolution: Veeam Backup & Replication Neighborhood Version. Backup and restore VMware and Hyper-V digital machines with Veeam Backup & Replication Neighborhood Version. Limitless hosts and VMs. Free without end.
Provide: We’re a 401okay fintech platform powering retirement plans throughout the nation. To assist, we put collectively some choices for purchasers to discover, similar to deferring payment billing, freezing 401okay plan matches, and so on. Now we have supplied 6-months free to signup.